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WTI March crude oil closes -1.2% at $50.32/bbl for a 2.4% decline this week, marking a fifth straight weekly fall , as strong U.S. economic data failed to offset concerns over the global economy fed by the spread of the coronavirus. More news on: The United States Oil ETF, LP, Ener...
The count of active drilling rigs in the U.S. remained unchanged at 790 in the latest weekly survey from Baker Hughes. More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas ETN, Energy stocks news, Commodities news, News on...
Russia supports a recommendation to deepen OPEC+ oil supply curbs amid falling demand for crude as China battles a coronavirus outbreak. 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 new...
A technical committee of OPEC+ has added a third day of meetings after failing to reach a recommendation on an emergency summit of oil ministers. 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...
By Blu Putnam At a Glance Roundtable with economists, traders examines the effect of surging U.S. production and geopolitical events in the Middle East. The Middle East oil risk premium is a fraction of what it was a decade ago. The mid-September 2019 drone strike on a Saud...
Chinese energy executives forecast the country's oil consumption will plunge 25% this month , Financial Times reports, as the coronavirus outbreak paralyses travel and shuts down industrial activity. More news on: PetroChina Company Limited, China Petroleum & Chemical Corporation, C...
Crude oil prices soar following reports that scientists have developed an effective drug against the coronavirus; March WTI (NYSEARCA: USO ) +4.2% to $51.70/bbl, April Brent (NYSEARCA: BNO ) +4.3% to $56.29/bbl. More news on: The United States Oil ETF, LP, United States Brent Oil Fu...
By Stacey Morris With the State of the Union Address airing tonight, it seems timely to do our own State of Midstream - with no applause breaks needed! As with a typical State of the Union Address, this is an opportunity to reflect on where midstream is, where it may be heading, and what i...
On January 15, optimism over the de-escalation of the trade war between the US and China reached a peak. After months of negotiations, tariffs from the US, and rising protectionist retaliation from China, the "phase one" trade deal took some pressure off China's economy. The trade war weighed ...
The American Petroleum Institute reportedly shows a build of 4.18M barrels of oil for the week ending Jan. 31. 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, New...
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2024-06-16 21:40:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-06 16:26:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-02-27 10:10:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...