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The energy sector recovered over the first three months of 2019 after price carnage in the oil markets in Q4 2018. While all members of the sector posted losses during the final quarter of last year, only natural gas and the heating oil crack spread moved lower in Q1 which was caused by season...
A U.S. district judge today blocked oil and gas drilling over nearly 500 sq. miles in Wyoming because the government failed to adequately consider its impact on climate change, a decision that could complicate Pres. Trump's broader efforts to expand energy production on public lands. Mor...
Continuing our weekly series, Open Insights, we'll take a look at the EIA's Weekly Petroleum Status Report ("WPSR") for the week of March 1, 2019. The EIA reported a crude build of 7.1M barrels for the week. Imports increased by 1.1M barrels per day (bpd) from last week and hovered around 7....
Original Post By Stuart Burns Cutting through the polarized hype on climate change is one of the toughest challenges for firms trying to position themselves and their enterprises for the future. On the one hand, there is a broad green or environmental lobby, which rightly shouts ou...
The year-to-date rally in the US stock market has lifted all the major equity sectors, based on a set of ETFs. Leading the field: shares in the industrials sector, which has a sizable performance edge over the rest of the market. The Industrial Select Sector SPDR ETF (XLI) has climbed a str...
Crude oil prices slide near four-week lows due to a stronger dollar and continued concerns about U.S.-China trade talks; WTI -2.1% to $51.59/bbl, Brent -1.3% at $61.31/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P Crude Oil Total Retu...
The S&P 500 Index rose roughly 8% in January, the best start to a year since 1987. Despite the magnitude of the rally, the S&P 500 Energy Sector has outperformed by more than 5%. As impressive as the gains have been, January's rally still leaves the sector below where it started Decemb...
Last Friday, the price of the nearby March NYMEX crude oil futures contract was trading around the $52.50 per barrel level. So far in 2019, March futures have traded in a range from $44.67 to $55.75, but the price has not traded below $50 per barrel since January 8. After a period of signifi...
Rep. Ocasio-Cortez and Sen. Markey release the blueprint for a " Green New Deal " to achieve net-zero greenhouse gas emissions in 10 years, setting a marker Democrats who plan to make climate change a central issue in the 2020 presidential race. More news on: Energy Select Sector SPDR ETF,...
Saudi Arabia and its Persian Gulf allies are proposing a formal partnership with a Russian-led group of countries in hopes of better managing the global oil market, in an alliance that would transform the cartel, WSJ reports, citing OPEC officials. More news on: The United States Oil E...
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TORONTO, Ontario, April 17, 2023 (GLOBE NEWSWIRE) -- Rhyolite Resources Ltd. (TSXV: RYE) (“ Rhyolite ” or the “ Company ”) reports that its Chief Financial Officer, Cybill Tsung, has resigned her position to pursue other opportunities effective May 5, 2023. Rhy...
TORONTO, March 23, 2023 (GLOBE NEWSWIRE) -- Rhyolite Resources Ltd. (TSXV: RYE) (“ Rhyolite ” or the “ Company ”) has terminated its option to earn in a 70% interest in Suku Passi property and its option to earn in a 70% interest in the Bob’s Pit propert...
TORONTO, March 01, 2023 (GLOBE NEWSWIRE) -- Rhyolite Resources Ltd. (TSXV: RYE) (“ Rhyolite ” or the “ Company ”) provides the following update on its operational activities. The Company is aggressively taking action to preserve available cash and to focu...