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Crude oil futures forge ahead to fresh five-month highs amid continued signs of tightening supplies and fading worries over global economic growth. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P Crude Oil Total Return Index ETN, Energy stocks ne...
Welcome to the " never disappoints " edition of Oil Markets Daily! Another month of data for Brazil's oil production, and another disappointment. Brazil's oil production was lower m-o-m in February by ~142k b/d. This puts Brazil's oil production at 2.489 mb/d. Why is this signi...
Welcome to the US oil production growth stalled edition of Oil Markets Daily! EIA published the latest EIA 914 on Friday with a massive revision towards December which saw production get bumped up to 11.963 mb/d. But January production was published as lower m-o-m by 91k b/d to 11.872 mb...
Crude oil enjoys strong gains as the risk-on trade from Q1 spills over into the new quarter, with WTI +1.3% to a five-month high $60.95/bbl after enjoying its biggest quarterly gain in a decade and Brent +1.3% to $68.46/bbl. More news on: The United States Oil ETF, LP, Energy Sele...
My forecast for April is that the West Texas Intermediate oil price will range between $57.50 and $67.50 per barrel. The range is $2.50 higher than last month's forecast. The price has been slowly creeping up as OPEC+'s cutbacks take effect. Saudi Arabia, in particular, is driving prices hig...
By Ed Moya The US dollar climbed higher as markets balanced out global growth concerns along with optimism a trade deal was nearing between the two largest economies in the world. US economic data painted a mixed picture with the earlier data in the week confirming slowdown worries. The fo...
In this article, we examine the significant weekly order flow and market structure developments driving WTI price action. As noted in last week’s WTI Weekly , the primary expectation for this week was for sell-side activity given the recent stopping point high development at 60.39s. ...
The total count of active drilling rigs in the U.S. falls by 10 for a second straight week to 1,006, the sixth consecutive week of declines, according to the latest weekly survey from Baker Hughes. More news on: The United States Oil ETF, LP, iPath S&P Crude Oil Total Return Index ET...
Crude oil prices resume their climb, putting U.S. West Texas Intermediate on track to gain ~33% for Q1 in its biggest quarterly rise since 2009 ; WTI +2.1% to $60.56/bbl, Brent +1.5% to $$68.82/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath...
Although crude oil and equities have traded in a highly correlated fashion over the past while, crude oil has yet to print its first daily cycle low in its broader intermediate cycle. Both crude oil and equities printed their intermediate cycle lows on the 24 th of December last year. Monday,...
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SHL Telemedicine German Operation and BARMER, one of the top health insurance funds in Germany, to present at leading Germany Healthcare Conference SHL Telemedicine Ltd. (NASDAQ: SHLT, SIX: SHLTN;) (" SHL " or the " Company "), a leading provider and developer of advanced person...
Pioneering a New Era of Cardiac Care, SHL Telemedicine Established a Comprehensive Network to Broaden Access to Expert Cardiology Services for B2B and Direct-to-Consumer Segments through its SmartHeart® Technology. SHL Telemedicine Ltd. (NASDAQ: SHLT, SIX: SHLTN;) (" SHL ȁ...
Making Significant Investments in Infrastructure and Technology, SHL Telemedicine Advances its US Direct-to-Consumer Strategy Post Positive Initial Trial Results SHL Telemedicine Ltd. (NASDAQ: SHLT, SIX: SHLTN;) (" SHL ” or the “ Company ”), a leading provid...