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Crude oil prices slipped following a surprise supply build with U.S. stockpiles continuing to rise; WTI December crude settled -0.9% to $55.06/bbl and December Brent ended -1.6% to $60.61/bbl. More news on: Energy Select Sector SPDR ETF, California Resources Corporation, Nation...
Following an oil spill which affected more than 200 beaches across the country, state-run oil company, Petrobras (PBR), has been hit with another potential issue, general strike action. The strike action is over the company's proposed annual wage hikes, which stand lower than the expected annu...
Gainers: Direxion S&P Oil & Gas Expl Bull 3X (NYSEARCA: GUSH ) +20.6% . More news on: Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3x Shares ETF, Direxion Daily Natural Gas Related Bull 3x Shares ETF, ProShares Trust II - ProShares UltraPro 3x Crude Oil ...
Latin America has become an increasingly important source of medium and heavy crude oil to feed America's west coast refineries. Ecuador's location on the northwestern coast of South America has made it especially important for these facilities even if volumes emanating from the country have...
By Bryce Bingham Oil production in the US has seen an explosion of growth over the last decade, which resulted in the US becoming the world's leading producer of oil last year. From 2010 to 2018, annual US crude production more than doubled, increasing from 5.5 million barrels per day (MMB...
Crude oil futures ( USO +1.2% ) close higher , helped by a report that major oil producers will consider deeper production cuts when they meet in December; December WTI, the new front-month contract, settled +1.8% at $54.48/bbl, December Brent +1.3% to $59.70/bbl. More news on: Th...
Desperate for cash, shale companies are banking their capital-raising hopes on a new type of financial instrument that resembles mortgage bonds. More news on: Schlumberger Limited, Pioneer Natural Resources Company, Halliburton Company, Energy stocks news, News on ETFs Read more ...
Gainers: Direxion Natural Gas Bear 3X (NYSEARCA: GASX ) +14.6% . More news on: Direxion Daily Natural Gas Related Bear 3X Shares ETF, Direxion Daily Homebuilders & Supplies Bull 3x Shares ETF, Direxion Shares ETF Trust - Direxion Daily Pharmaceutical & Medical Bull 3X...
Crude oil futures gave back much of their gains from last week, as a lack of details about the first phase of a U.S.-China trade deal undercut optimism over a trade relations thaw that had helped lift crude markets late last week. More news on: The United States Oil ETF, LP, Energy Sel...
One of the worst-performing sectors of the stock market has been energy-related companies. Part of the problem has been the weakness in oil and gas prices. In 2018, crude oil traded to a high at $76.90 per barrel on the nearby NYMEX futures contract. In 2019, the high has been at $66.60 in lat...
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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...
2024-01-29 03:12:00 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...