Previous 10 | Next 10 |
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 price discovery higher, barring failure of 22.58s as support. This expectation ...
By Tajinder Dhillon U.S. oil majors finished reporting 20Q1 results in the week starting May 4. The industry beat consensus expectations this quarter, led by Exxon Mobil (XOM), Chevron (CVX), ConocoPhillips (COP), Devon Energy (DVN), and Occidental Petroleum (OXY). As a result, the S&P...
Market forces have "demonstrated their power" in recent weeks, according to the IEA, but a resurgence of coronavirus cases will have "major consequences." More news on: The United States Oil ETF, LP, ProShares Trust II - ProShares Ultra Bloomberg Crude Oil, United States Brent Oil Fund, LP...
Welcome to the priced-in edition of Oil Markets Daily! One thing we've learned (the hard way) in the oil market in the years we've closely analyzed it is that prices don't always react according to what fundamentals are doing "today". Markets are discounting machines so just as the data ...
We took a brief hiatus from our weekly series Open Insights to update our oil thesis. Here are our most recent thoughts. We’re now back to looking at the EIA’s Weekly Petroleum Status Report (“WPSR”) for the week of May 1, 2020. EIA reported a crude build of 4.6...
Markets have settled and recovered from the initial shock of the coronavirus spread and the response of governments around the US and the world to lock down the economy. But while the major US indices have approached, if not quite matched, the fabled v-shaped recovery, there are still plenty o...
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 price discovery higher, barring failure of 16.53s as support. This expectation ...
Welcome to the big export drop edition of Oil Markets Daily! Global oil inventories are peaking as we speak. Genscape reported a draw in Cushing from last Friday to this Tuesday, indicating US oil production shut-in volumes now really accelerating. We wrote on Wednesday that the implied ...
I will start with a simple statement. If you are not willing to take delivery, you should not be long oil futures right now, because storage constraints are what it is all about. Oil futures prices went negative last month because people realized this, and it is still as much of a problem as e...
A substantial number of midstream companies have released capital spending updates since early March as the collapse in oil prices quickly shifted the reality for midstream, and volumes came into question. While capital expenditures were already moderating (we estimate capex peaked in 2018 o...
News, Short Squeeze, Breakout and More Instantly...
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN Company Name:
YGRN Stock Symbol:
NYSE Market:
BMO Announces Redemption of Six ETNs NEW YORK , Dec. 1, 2020 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that it intends to redeem all of the outstanding securities in each of the series set forth in the following table (collectively, the "...