XOP News and Press, SPDR S&P Oil & Gas Explor & Product From 09/08/23

2023-09-08 00:20:00 ET Summary U.S. June oil production increased by 207 kb/d to 12,844 kb/d. The large increase is primarily due to a 147 kb/d increase in the GOM. The August STEO forecast for June production was 12,676 kb/d, low by 168 kb/d. While overall US oil production i...

2023-09-03 16:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-09-01 21:30:00 ET Summary Given the fact that equity valuations are so extreme and at such a precarious time in the economic cycle, it’s probably wise to maintain a defensive position in the markets. In fact, I would argue that it calls for maximally defensive position...

2023-08-30 04:18:42 ET AI may be the future, but today still belongs to the Federal Reserve when it comes to risk assets. The Magnificent 7 megacaps all rallied Tuesday, driving the broader market to its third-straight session in the green and best one-day performance since June. Th...

2023-08-29 15:05:50 ET Summary I've been bullish on oil due to tight supply growth, consistent demand, the end of the U.S. shale revolution, and geopolitical risks. Pioneer Natural Resources stands out with efficient Permian operations, aiming to distribute 75% of FCF to sharehold...

2023-08-22 15:10:00 ET Summary Yesterday, percentage of stocks trading above their 50-DMAs fell down to 33% for the S&P 500. Last Thursday saw a slightly lower reading and 33% is far from the worst in recent years. While just a third of the S&P 500 components are above the...

2023-08-21 10:49:35 ET Summary China's economic indicators are deteriorating, which is good news for the oil market and oil ETF investors. Chinese statistics show falling trade surplus, industrial production, and retail sales, indicating a struggling economy. The Chinese gover...

2023-08-17 12:22:00 ET Summary China's economy has not met post-lockdown growth expectations. That slowdown has had a mixed impact on commodities demand. China's government may need to step in with more stimulus. As China's economy struggles to find momentum, is ther...

2023-08-17 08:10:00 ET Summary Goehring & Rozencwajg Associates, LLC provides financial planning and investment advisory services. The Company offers natural market capitalization resources mutual fund investments for growth in business as well as provides consulting services. ...

2023-08-16 15:01:26 ET Invesco argued Wednesday that rising energy prices could curtail the process of bringing down elevated levels of inflation. Still, the firm said the longer-term disinflationary trend should continue. “We could see upward pressure on headline inflation ...