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In the aftermath of the September attacks on Saudi oil facilities, Crown Prince Mohammed bin Salman (MbS) is in trouble. According to a recent article , “Something is rotten in the Kingdom of Saudi Arabia. Prince Mohammad bin Salman, also known as MbS, was once the ‘promising ...
The total count of U.S. active drilling rigs falls by 8 to 855 for a seventh consecutive decline, according to the latest Baker Hughes weekly survey . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas ETN, Energy stocks ...
By Owain Johnson and Jeff White On first glance, oil prices appear to have stabilized since the attack on the Saudi oil facilities at Abqaiq in mid-September, which led to a major surge in prices. But the crude oil options market is telling a different story: the energy industry remains ...
Vikram Mansharamani, president of Kelan Capital and author of Boombustology: Spotting Financial Bubbles Before They Burst , shared one of his favorite multi-lens indicators on Real Vision’s Expert View. The Skyscraper Index was first put forward by property analyst Andrew Lawre...
Contango Oil & Gas Company ( MCF ) is a Texas-based independent oil and natural gas company. MCF acquires, explores, develops, exploits, and produces oil and gas in the shallow waters of the Gulf of Mexico. The company also has onshore properties in Texas and Wyoming. As of the end of 2018...
Welcome to the counter-seasonal edition of Oil Markets Daily! There appears to be a lot of confusion on today's EIA weekly oil storage report, so we wanted to publish this along with our expectations for October for clarity sake. For starters, EIA did not count ~500 to ~600k b/d of e...
All data for this post are from the EIA's Petroleum Supply Monthly All USA data are through July and the World data are through June 2019. All data are in thousand barrels per day. World C+C production is leveling out. I expect it to stay at around this level for the rest of the year. ...
The energy sector posted a loss during the third quarter of 2019. In 2014, the energy composite fell by 36.59% due to the swoon in crude oil, petroleum product, and natural gas prices. A composite of energy commodities fell by 25.14% in 2015, making it the worst-performing sector of the year. ...
By Andrew Robinson Commodities suffered as the US dollar caught a bid into the month- and quarter-ends at the start of the week, though recovered slightly as the dollar gave back ground yesterday following disappointing US data. The agricultural sector was boosted by lower stockpiles and h...
The American Petroleum Institute reportedly shows a draw of 5.92M barrels of oil for the week ending Sept. 27, following a 1.4M-barrel build in the previous week. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, VelocityShares 3x Long Crud...
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Nineteen enhancements launched to help brands increase orders, streamline operations, and improve guest experiences Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced Loyalty for Borderless Accounts, a new feature that allows guests to earn, redeem, and u...
Olo Inc. (NYSE: OLO), a leading restaurant technology provider, today announced that it will report its second quarter fiscal year 2024 financial results after the U.S. financial markets close on Wednesday, July 31, 2024. In conjunction with this announcement, Olo will host a conference call ...