Heating Oil (HO1) Moves Down For the 4th Day In A Row; in a Downtrend Over Past 30 Days
Relative to other instruments in the energy commodity asset class, heating oil ranked 4th since the previous day in terms of percentage price change.
Energy Commodities
Last Updated January 15, 2021 at 2:50 GMT
The instruments in the Energy asset class that made the biggest moves, on a percentage basis, over the past day were Natural Gas, Heating Oil, 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.
Trend News
Over the past two weeks, the strongest trend has been on Brent. Alternatively, on a 90 day basis, the strongest trend appears on Heating Oil.Moving Averages In The Energy Commodity World
Pairs that crossed notable moving average levels include Natural Gas; they crossed their 50 day moving averages, respectively. From the perspective of the alignment of moving averages — meaning where moving averages are ordered by their duration — we see that Crude Oil has perhaps the strongest trend. See the chart below.
Crude Oil (CL1) Underperforms All Energy Commodities, Breaks Below 20 Day Average; in a Downtrend Over Past 90 Days
Price modulation, meaning government continuing to set prices through the pppra will mean not taking advantage of the situation and eventually returning to a very wasteful subsidy in the near future where petroleum resources are not optimized in full for the benefit of the country.
Ethanol (DL1) Outperforms All Energy Commodities, Moves Up For the 4th Day In A Row; But Still in a Downtrend Over Past 30 Days
Ethanol outperformed all 6 assets in the energy commodity asset class since yesterday.
Gasoline (XB1) Down 2.79%; in a Downtrend Over Past 90 Days
Trump @realdonaldtrump #opecripoff by controlling oil production worldwide opec has way of robbing the oil and gas consumer doing so!
Heating Oil (HO1) Moves Down For the 4th Day In A Row; in a Downtrend Over Past 90 Days
Relative to other instruments in the energy commodity asset class, heating oil ranked 4th since yesterday in terms of percentage price change.
Natural Gas (NG1) Moves Down For the 2nd Day In A Row, Breaks Below 20 Day Average; in a Downtrend Over Past 90 Days
The purchase is considered a watershed moment for bitcoin mining, as the institutional sale of hashpower indicates that mining operations are trending toward industrial solutions….
Crude Oil (CL1) Fares the Worst Out of Energy Commodities, Down 9.29%; Breaks Below 20 Day Average
Funny how people think he’s just lavishing his father’s wealth.
Ethanol (DL1) Tops All Energy Commodities, Up 1.08%; Price Base in Formation Over Past 14 Days
Ethanol outperformed all 5 assets in the energy commodity asset class since the day prior.