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2023-03-16 10:49:35 ET Oil prices continued their downward trajectory on Thursday amid European Central Bank (ECB) rate hike and rising tensions in the banking sector. Brent crude futures ( CO1:COM ) stayed below the $75 mark, falling 1.4% to $72.64 a barrel. West Texas Intermed...
2023-03-15 10:45:32 ET Oil and gas firms registered a decline on Wednesday as crude fell to a 15-month low amid the fallout of the banking sector crisis. The S&P 500 Energy Index was down around 4% and sunk below the $600 mark for the first time since October. Major decl...
2023-03-13 10:11:38 ET Shares of oil and gas producers fall sharply in early trading on Monday after oil prices plunged as much as 5% on concerns that the failures of Silicon Valley Bank and Signature Bank could lead to an economic slowdown which saps demand for crude oil. Crude...
2023-03-13 04:07:00 ET Summary November Non-OPEC oil production increased by 502 kb/d to 51,099 kb/d. U.S. December production decreased by 276 kb/d to 12,101 kb/d. World without the US oil output increased by 135 kb/d to 69,547 kb/d in November. For furt...
2023-03-11 20:25:00 ET Crude oil futures lost ground for the week alongside rising doubts about the outlook for global demand, sparked largely by fears the Federal Reserve will push for more aggressive interest rate hikes. In testimony before the U.S. Senate on Tuesday, Fed Chair Je...
2023-03-10 18:12:19 ET oil posted a weekly loss as traders await clearer signals on Chinese demand trends Crude oil futures lost ground for the week amid doubts about the outlook for global demand Front-month Nymex crude oil ( CL1:COM ) for April delivery settled -3.7% to ...
2023-03-10 14:05:52 ET Total active drilling rigs in the U.S. fell by 3 to 746, Baker Hughes said in its latest weekly report , declining for the fourth consecutive week for the first time since July 2020. Drilling rigs targeting crude oil in the U.S. fell by 2 to 590 and gas ri...
2023-03-09 18:18:03 ET Six companies led by Marathon Petroleum ( NYSE: MPC ) won contracts to purchase 26M barrels of crude oil from the U.S. Strategic Petroleum Reserve in a competitive sale scheduled as part of a planned drawdown, the U.S. Department of Energy said Thursda...
2023-03-07 18:35:45 ET Oil and gas equities fell alongside crude oil futures Tuesday following weaker than expected Chinese import data and hawkish testimony from Federal Reserve Chairman Jerome Powell that raised the potential for further interest rate hikes. Front-month Nymex crud...
2023-03-06 09:55:00 ET Summary All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs February Petroleum Supply monthly (PSM) which provides updated information up to December 2022. The Drilling Productivity Report (DPR) uses r...
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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...