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2023-04-28 13:08:30 ET Total active drilling rigs in the U.S. rose by 2 to 755, the rig count's second straight gain after declining for three consecutive weeks, Baker Hughes reported Friday in its latest survey . Drilling rigs targeting crude oil in the U.S. remained unchanged at 5...
2023-04-26 18:30:40 ET Shares of energy companies fell sharply Wednesday as crude oil futures sunk to their lowest levels this month, weighed by worries of a potential recession that likely would hurt energy demand. The latest U.S. supply data from the Energy Information Administration ...
2023-04-24 19:15:16 ET Gasoline prices at the pump fell last week for the first time in a month and may have already reached their summer season peak, GasBuddy head of petroleum analysis Patrick De Haan said Monday. The average price for regular unleaded gas in the U.S. edged lower ...
2023-04-22 10:30:15 ET Gainers: S&P Biotech Bull 3X Diren ( LABU ) +16% . Homebuild & Suppliers Bull 3X Direxion ( NAIL ) +16% . Microsctors Gold Miners -3X ETN ( GDXD ) +15% . S&P Oil & Gas Expl Bear -2X Direxion ( DRIP ) +12%...
2023-04-21 19:45:33 ET Crude oil closed with its first weekly loss in a month after erasing most of the gains that followed OPEC's surprise production cut, weighed by worries about demand linked to a weakening economic backdrop and hawkish Federal Reserve. Recession fears from risin...
2023-04-21 14:05:20 ET Total active drilling rigs in the U.S. rose by 5 to 753, breaking a streak of three straight weekly increases, according to the latest survey from Baker Hughes . Drilling rigs targeting crude oil in the U.S. gained 3 to 591, gas rigs in the U.S. added 2 to...
2023-04-20 12:42:53 ET Energy ( NYSEARCA: XLE ) is Thursday's worst performing S&P stock sector, -1.4% , pressured by weak crude oil prices that have erased all gains made since the Saudi Arabia-led production cuts announced at the beginning of April. The U.S. econom...
2023-04-19 08:00:00 ET Summary Texas leads the U.S. in oil and natural gas production and has the greatest oil and natural gas reserves of any state. In 2022, Texas accounted for 64.4% of total U.S. energy exports, with a trade dollar value of $244 billion. The Alerian Texas W...
2023-04-17 18:20:49 ET The Group of Seven countries will keep a $60/bbl price cap on seaborne Russian crude oil, Reuters reported Monday, despite rising global crude prices and calls by some countries for a lower price cap to restrict Russia's revenues. The Biden administration has ...
2023-04-14 19:00:46 ET OPEC+ production cuts announced earlier this month risk exacerbating an oil supply deficit expected in this year's H2 and further weigh on a global economy still trying to recover from the COVID-19 pandemic, the International Energy Agency said Friday. The gap...
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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...