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Instrument The S&P GSCI Crude Oil Total Return Index ( OIL ) reflects the returns that are potentially available through an unleveraged investment in the West Texas Intermediate crude oil futures contract. In other words, the return on the index is directly proportional to the return on ...
Even as several energy producers have pledged to spend less on drilling as oil prices remain subdued, there's no sign yet of lower production . More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Crude Oil Total Return Index ETN, Energy stocks ne...
All OPEC charts below were taken from the OPEC Oil Market Report . The data is in thousand barrels per day and is through October 2019. OPEC 14 bounced back from last month's decline. And there were major revisions in the September data. Saudi Arabia's September production was revised up 2...
One big fear in the oil markets is that global demand growth is slowing, caused in large part by the fallout of Trump's trade wars (particularly with China). This is a legitimate concern that needs to be monitored closely, but amidst all the pessimism, the market is overlooking some other real...
The total count of active drilling rigs in the U.S. declines for the fourth consecutive week and the 11th time in 12 weeks, sliding by another 11 rigs to 806, according to the latest Baker Hughes survey . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, ...
Crude oil futures (NYSEARCA: USO ) edged lower after the U.S. government reported a third straight weekly increase in domestic inventories and new weekly record production of 12.8M bbl/day. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI C...
EIA Petroleum Inventories: Crude +2.2M barrels vs. +1.6M consensus, +7.9M last week. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, ProShares Trust II - ProShares Ultra Bloomberg Crude Oil, Energy stocks news, Stocks on the move, Comm...
U.S. crude oil production will grow more than expected in 2019 and 2020, the U.S. Energy Information Administration says in its latest Short-Term Energy Outlook , contradicting warnings from some U.S. shale producers of a coming slowdown in growth. More news on: Pioneer Natural Resources ...
The American Petroleum Institute reportedly shows a draw of 541K barrels of oil for the week ending Nov. 8. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, VelocityShares 3x Long Crude Oil ETN, Energy stocks news, Commodities news, News o...
Welcome to the decline edition of Oil Markets Daily! Well completion activity in September saw a noticeable decline according to FracFocus. The drop in completion was around 10% month-over-month and was much larger than expected. Q4 well completion activity could drop as much as 15% qu...
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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 ...