EQNR News and Press, Equinor ASA From 03/29/22

Update: Oil prices (CL1:COM) rallied from an intraday low of ~$99.50 to trade at ~$103.50 Tuesday afternoon, as US officials warned a reduction in forces around Kyiv represented a redeployment rather than a withdrawal of Russian forces, dimming hopes for a near-term peace deal. Oil prices (CL...

Oil prices (CL1:COM) fell below $100/b ahead of the equity market open in the US Tuesday, as peace talks between Russia and Ukraine in Turkey showed progress. Following the talks, Russian Deputy Defense Minister Alexander Fomin said Russia has decided to "drastically reduce hostilities," part...

Murphy (MUR) posted in an investor presentation last week that the Company's cutthroat prospect in Brazil could hold up to 1b barrels of oil; Monday it was reported that the Exxon-drilled (XOM) prospect "failed to verify the presence of hydrocarbons" according to Offshore. Exxon (XOM) is the ...

Last week it was reported that Russia would demand payments for gas in rubles; Monday, Russian lawmaker Ivan Abramov said a refusal to pay for gas in rubles would lead to an unequivocal halt in supplies. The Russian central bank and Gazprom (OGZPYP) are scheduled to present proposals for rubl...

Commodities have been on fire this year. Stocks of commodity companies finally catching up. Are the one hit cyclical wonders or does the rally have legs? For further details see: Are Commodities The New FANG?

Mineral exploration company KoBold said Thursday that it will begin drilling in Greenland for resources critical to the production of electric vehicles. The venture plans to drill a total of 3,000 meters this year, and hopes to find nickel, copper, cobalt and platinum resource. The exploratio...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Yale professor Jeffrey Sonnenfeld has become a bit of a celebrity these days after he and his research team at the Chief Executive Leadership Institute put out a list of the companies still doing business in Russia. The na...

Equinor ASA (NYSE:EQNR) traded today at a new 52-week high of $36.51. Approximately 806,000 shares have changed hands today, as compared to an average 30-day volume of 5.1 million shares. In the past 52 weeks, shares of Equinor ASA have traded between a low of $18.45 and a high of $36.51...

In February 2022, TotalEnergies announced a light oil and gas discovery in the Venus-1X new-field wildcat offshore Namibia, in the Orange sub-basin. The Venus discovery opens up great possibilities for the offshore Uruguay and Argentina basins, as similar rocks might exist in those co...

This week's DOE inventory update showed a larger than expected 5.6mb draw in oil and oil products (USO). TSA checkpoint numbers pointed to a ~7% increase in passenger volume week on week (JETS). California legislators proposed a $400 tax rebate to mitigate the impact of rising gasoline prices...