Last Updated May 25, 2020 at 1:50 GMT
The instruments in the energy commodity asset class that made the biggest moves, on a percentage basis, over the past day were Ethanol, Brent, and Crude Oil. The chart below illustrates. None of the moves in the past day were especially noteworthy in terms of their size relative to their volatility over the past 30 days.
Out of the 6 instruments in the energy commodity asset class, gasoline ended up ranking 4th for the day in terms of price change relative to yesterday.
Also of note is that on a 30 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
Relative to other instruments in the energy commodity asset class, heating oil ranked 3rd since yesterday in terms of percentage price change.
Ethanol outperformed all 6 assets in the energy commodity asset class since the previous 4 hours.
For additional context, note that price has gone up 7 out of the past 10 days.
Those trading within the energy commodity asset class should know that brent was the worst performer in the class today.
Nonassociated gas, coming from reservoirs that are not connected with any known source of liquid petroleum, is “dry gas.”
Relative to other instruments in the energy commodity asset class, gasoline ranked 4th since yesterday in terms of percentage price change.
Relative to other instruments in the energy commodity asset class, heating oil ranked 3rd since the previous day in terms of percentage price change.
Like i said earlier, what u are raising will only hurt igbos more, we don’t need that now.