Natural Gas Price Forecast: Explosive Breakout Above $4.69 Ascending Triangle.Natural gas blasted through three weeks of consolidation Friday with a decisive breakout above the $4.69 triangle top, hitting $4.87 and closing near the high for the day, week, and month.
Russia's Rosneft reports 70% fall in 9-month net income.The January-September net income of Russia's largest oil producer Rosneft fell by 70% year-on-year to 277 billion roubles ($3.57 billion) amid high interest rates, cheaper oil and a stronger rouble, the company said on Friday.
USD/JPY Outlook: The Yen Gains Strength and Approaches 156.00.As November comes to an end, a growing weakness in the U.S. dollar has begun to emerge, allowing the Japanese yen to regain ground in the short term. Over the past five trading sessions, the pair has depreciated by nearly 0.8% in favor of the yen, approaching levels not seen since mid-November.