Previous 10 | Next 10 |
April Non-OPEC production decreased by 1,294 kb/d to 48,925 kb/d. Of the 1,294 kb/d decrease, the biggest decreases came from Russia, 965 kb/d, Kazakhstan, 175 kb/d, Canada, 95 kb/d and Norway, 78 kb/d. Mexico’s production as reported by the EIA for April dropped by 18 kb/d to ...
In a setback for big oil companies such as Exxon Mobil ( NYSE: XOM ), Chevron ( NYSE: CVX ) and Shell ( SHEL ), the 3rd U.S. Circuit Court of Appeals ruled on Wednesday that lawsuits brought by Delaware and Hoboken, N.J., seeking compensation for the impacts of clima...
President Biden won temporary permission to again pause energy leasing on federal lands and waters , after the 5th U.S. Circuit Court of Appeals on Wednesday found a district court's order against the moratorium too vague to review. The circuit court rejected the previous injunc...
The 50bp vs. 75bp hike in September is a big standoff in the treasuries markets. Treasury markets are very much doubting the path of Fed policy in 2023. Markets are discounting cuts next year. If the Fed is serious about bringing inflation down, which I think it is and the Fed has sai...
Energy stocks are lower across the board early Monday, as crude oil futures plunge more than 4% to seven-month lows following weaker than expected Chinese economic data and the rising possibility for a revival of the Iran nuclear deal, which would add supply to global markets. ...
Oil is trading at a premium based on historical data points. U.S. supply is beginning to come online again. Increased oil demand for energy in the EU is likely only temporary. Global recession risk is rising. The Iran deal is likely to close. (Editor's Note: CL1:CO...
Gainers: Pacer Ipath Gold Trendpilot ETN ( PBUG ) +46% . BMO MicroSectors U.S. Big Oil Index 3X Leveraged ETN ( NRGU ) +28% . ProShares Trust II - ProShares UltraPro 3x Crude Oil ETF ( OILU ) +25% . Direxion Daily MSCI Mexico Bull 3X ETF ( MEXX ...
Energy stocks top Thursday's S&P sector standings as crude oil futures climbed higher, finding support after the International Energy Agency raised its forecast for global oil demand growth. September WTI crude oil ( CL1:COM ) +3.1% to $94.78/bbl, approaching its $94.98/...
Big Oil's enthusiasm for the $437B climate and energy legislation that Congress is poised to pass is not shared by smaller and independent producers , which pump the vast majority of the oil and gas produced in the U.S., Bloomberg reported Wednesday. While CEOs from the likes of...
A conservative model of future World Crude plus Condensate (C+C) output is presented in this article. My model projects continued 1.2% average annual growth in C+C output from 2022 to 2029 when the final peak in output is projected. The annual rate of decline gradually increases t...
News, Short Squeeze, Breakout and More Instantly...
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares Company Name:
DRIP Stock Symbol:
NYSE Market:
2024-05-20 11:08:00 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...
2024-04-20 21:56:00 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...
2024-03-22 00:02:00 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...