OIL News and Press, iPath Series B S&P GSCI Crude Oil

2024-01-09 15:31:43 ET Summary WTI crude prices are down 5.2% over the past year, with a 24.4% drop from their peak. US oil output has reached an all-time high, indicating potential weakness ahead. Despite short-term bearishness, the long-term trajectory for oil prices remains...

2023-08-22 09:20:00 ET Summary Chris DeMuth Jr. discusses his investment approach, focusing on mispriced securities. His thoughts on current market conditions, highlighting investment interests in energy and potential opportunities in Activision. Update on Innovate, his best n...

2023-07-26 11:39:46 ET Summary UCO has climbed from $22.92 based on the price-at-publication of our 26 June article, to $29.06 at the time of writing. This translates into a 26.8% unrealized gain for us. We maintain a bullish view on WTI crude over the medium term, driven by a res...

2023-07-17 23:50:07 ET Summary The bullish thesis for natural gas is intact even though prices are unlikely to revert to last year's levels. I show charts that compare large U.S. gas producers on a number of metrics including liquids yield, price realizations, hedges, and valuatio...

DALLAS, July 11, 2023 (GLOBE NEWSWIRE) -- Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) (" Permex " or the " Company "), is pleased to announce the close of its warrant exercise program (the “ Program ”), as previously announced by the Company in its ...

2023-06-23 06:06:59 ET Summary Drought conditions and the impact of war in Ukraine are causing concerns over rising food prices, which could drive inflation higher. Fertilizer stocks, such as Intrepid Potash and Nutrien, are considered good buying opportunities due to their low P/...

DALLAS, June 16, 2023 (GLOBE NEWSWIRE) -- Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P0) (" Permex " or the " Company "), is pleased to announce the extension of its early warrant exercise program (the “ Program ”), as initially announced by the Compa...

DALLAS, June 16, 2023 (GLOBE NEWSWIRE) -- Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE:75P0) (“ Permex " or the “ Company ”) announces that it has retained Renmark Financial Communications USA Inc. (“ Renmark ”), an arm’s length...

2023-05-24 02:30:20 ET Summary Recession fears have led to a sell-off in the price of oil. Oil futures positioning is offsides vs fundamentals. Strong fundamentals and large supply deficits could lead to much higher oil prices. For further details see: ...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (" Permex " or the " Company "), is pleased to announce the implementation of a...