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The U.S. dollar is higher across the board against major pairs on Friday. The greenback got a boost from the March U.S. non-farm payrolls ((NFP)) report that showed the economy added 196,000 jobs and an upward revision to the February numbers. The wage component did not do as well with a lower...
By Bob Iaccino At A Glance After April OPEC meeting postponed, some contradictory statements from Russia and Saudi Arabia may show cracks in the cartel. A new term has emerged in the world of crude oil price analysis: "OPEC+". The Organization of Petroleum Exporting Countries and i...
Introduction In my last note on OIL, I expected a pullback of OIL shares given looming recession signs. Since then and despite a build in US crude storage, OIL's bullish trend persisted, advancing for the fourth consecutive week and posting new yearly highs. In that vein and thanks to ...
Welcome to the hammer edition of Oil Markets Daily! U.S. crude storage, that's the only thing the Saudis care about right now. If U.S. crude storage drops, oil prices go up. It's easy as 1-2-3 . But the recent closure of the Houston Shipping Channel is disrupting the flows of import...
The total count of active drilling rigs in the U.S. surges by 19 to 1,025, following six straight weeks of declines, 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 ...
First Quarter Rebound The oil market has had quite a robust first quarter right along with equities as the Fed has pulled back from rate hikes, taken a more dovish tone, and significant progress has been made on the Trade Deal with China, likely completed during the second quarter. We clos...
The crude oil futures markets in both benchmark petroleum markets were ugly over the final three months of 2018. NYMEX WTI futures dropped from $76.90 per barrel in early October to a low at $42.36 in late December, a decline of 44.97% in a little under three months. At the same time, the pric...
At the start of October, $100 oil was the topic du jour, with Brent crude in the mid-$80s per barrel (bbl) and WTI sitting around $75/bbl. Sentiment quickly shifted as a confluence of factors combined to push WTI to a relative bottom of $42.53/bbl on Christmas Eve. So far this year, oil has re...
The American Petroleum Institute reportedly shows a build of 3M barrels of oil for the week ending March 29, vs. a build of 1.97M barrels in the previous week. More news on: The United States Oil ETF, LP, iPath S&P Crude Oil Total Return Index ETN, VelocityShares 3X Long Crude ETN, E...
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...
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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...