Day: September 4, 2022

Big Oil
Crude Oil
Oil
OPEC

Oil Rallies With OPEC+ Decision, G-7 Cap Plan Dominating Trading

(Bloomberg) — Oil surged on the possibility that OPEC+ may decide to trim production, and as Europe’s energy crisis worsened after the Group-of-Seven nations endorsed a plan to try to cap the price of Russian crude. West Texas Intermediate advanced above $88 a barrel after sinking by almost 7% last week on concerns that slowing […]

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Meme Stocks
Speculative Stocks

Bed Bath & Beyond CFO Identified as Man Who Plunged to Death

(Bloomberg) — A man who fell to his death from a skyscraper in Manhattan’s Tribeca neighborhood on Friday has been identified as Bed Bath & Beyond Inc. Chief Financial Officer Gustavo Arnal. In a statement Sunday, the New York Police Department named the person as 52-year-old Arnal, resident of 56 Leonard Street — also known […]

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Farming
Food Prices
Food Products

California Walnut Farmers, Facing Glut, Struggle to Reach Global Markets

(Bloomberg) — As summer winds down and the holiday season nears, California’s $1 billion walnut industry is gearing up for its busiest shipping season. The problem is getting nuts out the door. Farmers started the new marketing year Thursday with a massive backlog of product as they prepare to harvest what could be a bumper […]

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Big Oil
Crude Oil
Oil
Oil Bulls
Oil Exploration
Trade Of The Day
TradersPro Sunday

#1 Oil Exploration Stock Ready To Move

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company’s oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. ERF $15.5500 0.5300 % 3.5300 Enerplus Corp Sector : Oils-Energy […]

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Base Metals
Metals
Specialty Metals

Metal Plants Feeding Europe’s Factories Face an Existential Crisis

(Bloomberg) — In the aluminum industry, closing a smelter is an agonizing decision. Once power is cut and the production “pots” settle back to room temperature, it can take many months and tens of millions of dollars to bring them back online. Yet Norsk Hydro ASA is preparing this month to do exactly that at […]

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