Yesterday, US crude oil’s implied volatility was 24.4%, 3.2% below its 15-day average. The inverse relationship between oil prices and oil’s implied volatility is illustrated in the graph below. Since reaching a 12-year low in February 2016, US crude oil active futures have risen 165%. Crude oil’s implied volatility has fallen ~67.5% since February 11, 2016.
The companies plan to merge their Indonesian units, PT XL Axiata and PT Smartfren, and are currently discussing the structure of a deal which could involve a mix of cash and shares, Bloomberg News said on Thursday. A non-binding agreement may be reached in the coming months, allowing the companies to continue negotiations and carry out due diligence, the report said, adding that there was no guarantee that a deal would go through.
“She’s a very good dog — she doesn’t bark. Even when she was shot, she was quiet,” said one of the dog’s owners
Hawaiian Electric on Wednesday told customers to resume using electricity a normal, ending a call to conserve power on Hawaii Island after its generation capacity dropped due to some units going out of service. These units have a combined production capacity of up to 53 megawatts (MW), which could account for nearly one-third of Hawaii Island's typical peak demand of 180 MW. Hawaiian Electric and independent power producer Hamakua Energy continue to troubleshoot and repair the generating units that are out of service, it said.
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"Please. Countries at war, all of them, stop the war. Look to negotiate. Look for peace," the pope said in an interview with CBS News.
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After two decades in Chicago’s North Side neighborhood Roscoe Village, the unofficial landmark was removed on Wednesday, April 24
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China defended the veracity of its economic numbers and asserted its military spending was "transparent and reasonable", while dismissing as "typical double standards" comments made this week by the head of the U.S. Indo-Pacific Command. In March, China said it would boost defence spending by 7.2% this year, with an allocation of 1.55 trillion yuan ($214 billion), slightly outpacing last year's increase and swifter than the government's modest economic growth forecast. In his remarks on Tuesday, U.S. Admiral John Aquilino said China's economy had been battered by turmoil in the real estate sector and its official growth rates were "not real".
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A new frontrunner for the boom winger's signature has emerged.
Trust ordered to pay woman thousands after incorrect ultrasound diagnosis
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Honor and Huawei were tied for the top spot, with Honor's market share rising to 17.1% and Huawei's share climbing to 17%, IDC said, while the iPhone maker's market share fell to 15.6%. The IDC declares a statistical tie when the difference between the share of revenue or shipments between two or more vendors is 0.1% or less. "Apple's price promotions in the quarter were unable to mitigate the impact of the intense competition from Android players," Arthur Guo, senior research analyst at IDC China said in the report.
‘It is as if the war started again’ - Palestinian civilians have fled their homes in northern Gaza following a wave of fresh attacks in the region
He threatened to "chop off" the hands of a Chinese student who put up pro-democracy fliers on campus.
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