JJETF News and Press, iPath Bloomberg Energy Total Return Sub-Index ETN From 03/14/24

2024-03-14 13:20:00 ET Summary Crude oil, liquefied petroleum gas and natural gas production and exports rose in 2023, positioning the U.S. as a global leader in energy exports. Crude oil and natural gas liquids output rose 8% in 2023, while natural gas rose 4% year-on-year. U...

2024-03-13 10:10:00 ET Summary Jeff Hirsch, editor-in-chief of The Stock Trader’s Almanac, and Carter Worth, CEO and founder of Worth Charting, discuss their outlook for 2024 with MoneyShow's Mike Larson. Jeff expects a strong year for stocks, with gains of 8-15% broadly sp...

2024-03-13 09:15:00 ET Summary Oil market fundamentals are holding up well, and elevated refining margins should help push inventories lower in the coming weeks. However, speculative positioning is beginning to reach levels of extreme bullishness, and history suggests futures retu...

2024-03-12 10:30:00 ET Summary From the latest news and earnings reports, it looks like the Magnificent 7 leadership is changing. So far, March has been characterized by wave after wave of positive analyst earnings revisions, since fourth-quarter earnings surprises were so strong....

2024-03-12 06:00:00 ET Summary Trading volume in Henry Hub natural gas futures and LNG freight futures grew sharply in 2023 as more U.S. gas was shipped to Europe. Unseasonable weather in the U.S. in early 2024 added to market volatility in the natural gas industry. The freigh...

2024-03-11 19:30:00 ET Summary U.S. December oil production decreased by 4 kb/d to 13,315 kb/d. The largest decrease came from Texas, 20 kb/d, offset by a New Mexico increase of 23 kb/d. Both oil and gas production are falling in Karnes county and both are down close to 30% fr...

2024-03-07 07:15:00 ET Summary The past few months have seen natural gas prices hammered on the back of robust production and a seasonally warm winter in the United States. As it stands, following recent production cuts by several major producers in response to lower prices, this ...

2024-03-06 09:20:00 ET Summary Between January and February, natural gas prices declined by $1.732 per thousand cubic feet amidst decreased demand in the U.S. and Europe. Seasonally warm weather, along with global unrest, have contributed to one of the quickest declines on record,...