Previous 10 | Next 10 |
A perfect bearish storm hit the crude oil market in early March 2020. The spread of COVID-19 outside China’s borders caused demand for energy to grind to a halt as businesses closed, and social distancing guidelines locked individuals worldwide in their homes. The self-induced coma in t...
For June, I expect West Texas Intermediate oil price to range between $30 to $40 per barrel. If the oil price goes below $30, I do not expect it to stay there long. Furthermore, I expect the oil price to drift upward over time. So if the oil price surpasses $40, it might stick. I am not overly...
Russia has no objection to the next OPEC+ meeting being brought forward to June 4 from the following week, sources told Reuters, in a move that could facilitate oil sales for countries like Saudi Arabia, Iraq and Kuwait. More news on: The United States Oil ETF, LP, ProShares Trust II - P...
Renewable energy projects and investments used to be very elastic to oil prices movement. However that is no longer the case. In fact, even when oil prices tumble, demand for renewable energy only keeps growing. For instance, before the coronavirus pandemic, energy from solar power became very...
Crude oil prices capped a fifth week of gains without the volatility that characterized much of April when prices plummeted. Brent crude rose to $35.33 per barrel as WTI advanced to $35.49. The spread between Brent and WTI has also been narrowing over the last three weeks, closing last week ...
Oil prices are lower after U.S. inventory data showed soft fuel demand, despite the hopes for a Memorial Day weekend rush of motorist activity. More news on: The United States Oil ETF, LP, ProShares Trust II - ProShares Ultra Bloomberg Crude Oil, United States Brent Oil Fund, LP, Commoditi...
by Daniel Shvartsman We conclude a set of three video interviews on the energy sector with Daniel Gibbs, better known as Power Hedge on Seeking Alpha. The author of the Marketplace service Energy Profits in Dividends , he shares the concerns of our other panelists about the current oil ...
Crude oil is the energy commodity that powers the world. The price of nearby crude oil rose to its high in 2020 in early January when brief hostilities between the US and Iran broke out in Iraq. The price of nearby NYMEX West Texas Intermediate futures rose to a high of $65.65 per barrel, and ...
In this article, we examine the significant weekly order flow and market structure developments driving WTI's price action. As noted in last week's WTI Weekly , the primary expectation for this week was for price discovery higher, barring failure of 27.79s as support. This expectation playe...
By Ovi While this post updates Non-OPEC production to January 2020, we are now in late May and the direction for future production for the next few years is clear, LOWER than where it was in March 2020. OPEC, in response to the reduced worldwide demand, arranged for a production reduction ...
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 "...