Previous 10 | Next 10 |
An OPEC+ technical committee that met online Tuesday detailed plans for countries including Iraq, Nigeria and Kazakhstan to make an additional 842K barrels a day of compensatory cuts in August and September, according to delegates . More news on: The United States Oil ETF, LP, ProShares T...
Uncertainty is omnipresent in the energy space, particularly with regards to crude oil and the outlook of the market balance there. Economic fluctuations caused first by the COVID-19 pandemic, and then by the re-opening of most economies across the globe, have resulted in a market that's diffi...
On June 30, in an article on Seeking Alpha, I wrote that NYMEX crude oil filled its gap from March on the weekly chart, but yet to erase the void on the daily August futures contract at $42.17 per barrel. As of the end of the second quarter, the August contract had only made it to $41.63. ...
Foreword While Africa's geological appeal for frontier oil and gas exploration will remain strong relative to other regions (one quarter of the new reserves discovered worldwide in the past decade are African), the early 2020 oil price crash will have significant and long-lasting impacts on ...
Brent crude oil nudged higher to end the week at $43.24 per barrel as WTI also gained to $40.55. Oil prices have been moving in an extremely narrow band over the last two months of just $3-$4 and this week that band was squeezed further from dollars to cents. Accordingly, the US Energy Infor...
"While the oil market has undoubtedly made progress... the large, and in some countries, an accelerating number of COVID-19 cases is a disturbing reminder that the pandemic is not under control and is casting a shadow over the outlook," the IEA wrote in its closely-watched monthly report. ...
Welcome to the US oil production edition of Oil Markets Daily! Since March, US oil production has dropped by ~2.8 mb/d, according to our estimate. Source: EIA, HFI Research As you can see from our chart above, we had pegged US oil production, including adjustment to be 13.283 mb/d, and...
This is why the "rig count" data matters less every day. The updated E&P (Oil and Gas Exploration & Production) Indices lag conditions in the industry by 2 months. As expected, both reflect the downturn due to the imposition of a nationwide shutdown in response to COVID-19. The level...
The United States is expected to play a significant role in the recovery of oil prices over the coming months, with their crude oil output falling while demand is rising. This could support the global oil industry and could potentially drive the surplus of 2020 Q2 into deficit. The impact cou...
Brent crude oil rebounded to a near 20-week high at $42.80 per barrel as WTI also rose to $40.32 per barrel. Brent averaged $40 per barrel for the month of June, almost the same as for the entire first half of the year. Oil prices have moved in a narrow band for most of the past two months a...
News, Short Squeeze, Breakout and More Instantly...
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO Company Name:
NRGO Stock Symbol:
NASDAQ Market:
BMO Announces Redemption of Six ETNs NEW YORK , Dec. 1, 2020 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that it intends to redeem all of the outstanding securities in each of the series set forth in the following table (collectively, the "...