JJE News and Press, iPathA Series B Bloomberg Energy Subindex Total Return ETN From 05/22/23

2023-05-22 21:15:00 ET Summary The S&P 500 Index made a new high for 2023 last week while its cousin – the S&P 500 Equal Weighted Index – was actually down for the year at the lows of last week. With Republicans walking out of debt ceiling negotiations last F...

2023-05-20 06:49:00 ET Summary OPEC crude output was revised lower in February 2023 by 10 kb/d compared to last month’s report, and March 2023 OPEC crude output was revised lower by 3 kb/d. World All Liquids Supply fell to 101.3 Mb/d in April 2023, a decrease of 0.5 Mb/d fr...

2023-05-16 22:28:00 ET Summary High upfront costs, shorter life spans, and intermittent energy are some of the limitations of renewable energy sources. Natural gas power plants release approximately 60% less carbon emissions than coal power plants. The energy sector and midstr...

2023-05-16 01:05:00 ET Summary April showed a slight downturn for commodities. The gains of the agriculture and livestock sectors were not enough to offset industrial metals, the weakest sector. Lingering economic growth concerns triggered by the March regional banking crisis and ...

2023-05-15 23:31:00 ET Summary Synthetic fuels could be the technology fix that shipping needs because they promise the possibility of reaching zero-emission targets. But they’re costly and lose more energy than fossil fuels. However, as the world tries to reach net-zer...

2023-05-15 22:57:00 ET Summary At the beginning of April 2023, WTI Crude Oil surged by $5 in one day to over $80 per barrel as OPEC+ announced production cuts. After that, oil fell back, and by early May had dropped below $70 per barrel. Russian oil production remains high des...

2023-05-13 07:40:00 ET Summary We don't rule out further problems arising in some of these smaller US banks but expect larger banks to be able to weather the storm. If a government shutdown and default look likely, the impact on financial markets, consumers and businesses would be...

2023-05-13 07:00:00 ET Summary The oil market has given back all of its gains made following the latest OPEC+ supply cut announcement. Instead, it's the macro story which has dictated price action. While there may be a bit more downside in the near term, the outlook for the se...

2023-05-13 03:06:00 ET Summary Lower oil price weighed on quarterly earnings. Companies are still able to make money at current levels, though. Potential for more shareholder returns in the coming quarters. Energy stocks are a major component of the TSX index...

2023-05-12 00:05:00 ET Summary January Non-OPEC oil production increased by 583 kb/d to 51,166 kb/d. The largest increase came from the US, 347 kb/d. From February 2023 to December 2024, oil production in Non-OPEC countries is expected to increase by 1,374 kb/d. The major cont...