Featured Content The current state of crude oil is heavily influenced by several geopolitical and market factors. As of October 2024, crude oil prices hover around $82 per barrel for West Texas Intermediate (WTI) and $87 per barrel for Brent. Prices have seen slight declines from earlier in the year, but are still within a […]
Read MoreTORM plc is a global shipping company specializing in the transportation of refined oil products, such as gasoline, diesel, naphtha, and jet fuel. The company operates a large and modern fleet of product tankers, providing essential services for the global energy industry. TORM’s operations are crucial for ensuring the smooth and efficient transport of petroleum […]
Read MoreSuncor Energy is an integrated energy company based in Calgary, focused on oil sands development and upgrading, offshore oil production, and refining. They are invested in renewable energy and produce a range of products from gasoline to petrochemicals, marketed under brands like Petro-Canada. Committed to safety and environmental responsibility, Suncor is moving towards a net-zero […]
Read MoreEquitrans Midstream Corp (ETRN), operating in the oil and energy sector as a US integrated oil company, exhibits a promising growth trajectory in both its short-term and long-term market performance. The company has shown robust financial indicators that underscore its operational success and strategic market positioning. In the last year alone, ETRN experienced a dramatic […]
Read MoreMammoth Energy Services, Inc. operates as an energy service company. The company operates in four segments: Infrastructure Services, Well Completion Services, Natural Sand Proppant Services, and Drilling Services. TUSK $4.8800 0.2100 % 4.5000 Mammoth Energy Services Inc Sector : Oils-Energy Industry : Oil – Field Services Signal Short Term Trend Long Term Trend BUY UP […]
Read MoreHelix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. HLX $8.2300 0.5300 % 6.8800 Helix Energy Solutions Group Sector : Oils-Energy Industry : Oil – Field Services Signal Short Term […]
Read MoreMarket conditions are Bullish in a Bear Market as of 2023-02-08. This means traders and investors should consider trading with a Neutral or Bullish bias by buying stocks and setting tight stops. The rank of the Bear Market is -8.10 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read MoreMarket conditions are Bullish in a Bear Market as of 2023-02-08. This means traders and investors should consider trading with a Neutral or Bullish bias by buying stocks and setting tight stops. The rank of the Bear Market is -8.10 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read More(Bloomberg) — One oil exchange traded fund pulled in a giant amount of cash last week as some investors piled into the market during its worst rout in months. WisdomTree’s Brent Crude Oil ETP — ticker BRNT — attracted a weekly record of about $500 million, almost tripling the fund’s assets to more than $700 […]
Read MoreHalliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services. HAL $39.0900 1.2000 % 3.1700 Halliburton Company Sector : Oils-Energy Industry : Oil – Field Services […]
Read More(Bloomberg) — The US crude market’s structure is signaling oversupply for the first time in almost a year, the latest indicator of the scale of the dramatic slump in the nearest section of the oil futures market. The front-month spread, which reflects short-term supply-demand balances, traded in contango — the industry term for the bearish […]
Read MoreOccidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. OXY $73.2700 1.1100 % 1.5400 Occidental Petroleum Corp Sector : Oils-Energy Industry […]
Read More(Bloomberg) — Oil jumped after the US exported a record amount of crude and fuel last week, indicating higher demand for American oil. West Texas Intermediate futures rose as much as 3.3% to climb above $88 a barrel after US crude exports hit a weekly high. The fuel outlook remained tight as gasoline stockpiles fell […]
Read MoreValero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Refining, Renewable Diesel, and Ethanol. VLO $114.1200 -6.7400 % -5.5800 Valero Energy Corp Sector : Oils-Energy Industry : Oil – Refining and Marketing Signal Short Term […]
Read More(Bloomberg) — Oil held a two-day surge after an OPEC+ panel recommended the biggest supply cut since 2020 to revive prices. West Texas Intermediate futures traded near $87 a barrel after jumping almost 9% over the previous two sessions. Oil briefly neared $88 after members of the producer group advised cutting as much as 2 […]
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