Previous 10 | Next 10 |
The oil price had been making a recovery since late March. Global demand picked up and OPEC+ has seemingly taken a cautious stance toward increasing output. Interestingly, money is not flowing back into shale oil despite a rising oil price. Small increases in some basins have been par...
"Investment in new fossil fuel supply projects must cease immediately" if the world is going to cut net carbon emissions to zero by 2050, the International Energy Agency says in a new report that calls for huge investments in clean energy.Aside from severe cuts in fossil fuel consumption, the...
The upward momentum in oil prices continues. On the week closing, Brent crude rose to $68.28 per barrel. West Texas Intermediate rose to $64.90 per barrel. Oil's optimistic demand outlook overshadows falling demand in China and India, but could not offset the strong US manufacturi...
Non-OPEC production continued to climb from the May 2020 low of 45,272 kb/d. January's output increased by 448 kb/d to 48,862 kb/d from December. Non-OPEC production continued to climb from the May 2020 low of 45,272 kb/d. January's output increased by 448 kb/d to 48,862 kb/d from Dec...
US and European international oil companies (IOCs) have registered positive financial income in the first quarter of 2021 following huge losses registered throughout most of 2020. The revenues came as a result of higher oil prices, improving refining margins and higher demand prospect...
U.S. February production decreased by 1,197 kb/d to 9,862 kb/d from Januaryʼs output of 11,059 kb/d. The April STEO report forecasted US February production would be 10,280 kb/d vs the reported actual output for February of 9,862, an over-estimate of 418 kb/d. Rig additions...
According to the STEO, US output is projected to increase in March 2021 after recovering from the February low of 10,276 kb/d. The DPR is projecting output for May 2021 to increase slightly over April to 7,612 kb/d, up 408 kb/d from February's snow storm induced drop. March's LTO ...
OPEC+ production is down because OPEC decided to do so. The price crash in 2020 resulted in a production decline already in 2020, as some producers came close to cash costs. The European Union adopted a regulatory framework with a dual mandate that not just targets fuel economy bu...
President Biden this week will pledge to cut U.S. greenhouse gas emissions at least in half by 2030, the Washington Post reports, as he convenes a virtual summit of world leaders Thursday aimed at re-establishing the U.S. as a leader in the effort to fight climate change.The expected pledge w...
Markets need consistent, comparable, and reliable sustainability information to better understand these developments and the related environmental, social, and governance (ESG) issues. That's where ESG reporting frameworks and standards, such as those developed by the Sustainability A...
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...