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Over the recent trading sessions, many commodities prices have slipped after trade negotiations between the US and China hit a roadblock. The slow pace of talks and claims that the Chinese negotiators backtracked on parts of a deal where the US thought they had an agreement led to new tariffs ...
Note: This article was first published to HFI Research subscriber. This is part of our new Oil Market Fundamental daily report. Oil prices are pulling back slightly today with Brent underperforming WTI and narrowing the Brent-WTI spread. The move today appears to be speculators dumping lon...
In my last article , I suggested a few trades and we can see it all played out quite well. By putting a stop loss at $60.30, it was suggested to take a buying position that should give $2-3 - WTI touched $63 recently. However, I stressed on selling it once it reaches a particular level ($64...
The total count of active U.S. drilling rigs fell by 1 to 987 after dropping by 2 a week ago, according to the latest weekly survey from Baker Hughes. More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, iPath S&P Crude Oil Total Return Index ETN, Energ...
This week, the EIA reported a few potentially bearish short-term fundamental metrics for the oil markets ( USO ). Despite the immediate short-term fundamentals, crude prices have turned higher and appear to be turning a profit for long traders for the week. In this article, I will take a step ...
OPEC released its Monthly Oil Market Report ((MOMR)) for May, which provides its estimates of inventories and the future demand for OPEC oil. While its figures show that recent supplies are more than adequate, the outlook is more uncertain. OPEC reported that commercial OECD global oil inv...
Rising geopolitical tensions have the Middle East on edge. Alleged sabotage attacks on oil tankers and other facilities in the region are straining already tense relations between the U.S. and Iran. Michael O'Brien , Portfolio Manager at TD Asset Management looks at the implications for ...
Crude oil prices rose for a third straight day, sparked by a stronger stock market and rising tension between Iran and U.S. allies that threaten to disrupt oil supplies and shipments in the Middle East. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&...
The price of crude oil has corrected from the high at the end of April that took the price of nearby June NYMEX futures to a peak at $66.60 per barrel on April 23. Crude oil declined to a low at $60.04 on May 6, and on May 15 the price was at just over $62 on June futures. Technical support fo...
By Kathy Lien At a Glance As equity markets experience sell-off on trade war news, oil may follow them lower. The impact for oil in U.S.-China tensions could be far greater than in past trade wars. This has been a great year for oil. The price of crude is up 30 percent from its D...
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2024-08-01 00:45:25 ET Image source: The Motley Fool. Olo (NYSE: OLO) Q2 2024 Earnings Call Jul 31, 2024 , 5:00 p.m. ET Operator Continue reading For further details see: Olo (OLO) Q2 2024 Earnings Call Transcript
Revenue up 28%, ARPU up 19% Year-over-Year Olo Inc. (NYSE:OLO) (“Olo” or the “Company”), a leading open SaaS platform for restaurants, today announced financial results for the second quarter ended June 30, 2024. “In Q2, Team Olo delivere...
GRUBBRR Partners with Olo to Enhance Onsite Dining Experience PR Newswire Streamlining Restaurant Operations with Integrated Self-Ordering and Payment Solutions BOCA RATON, Fla. , July 30, 2024 /PRNewswire/ -- GRUBBRR, a leading provider of self-ordering tech...