(Bloomberg) — Oil futures dropped below $100 a barrel for the first time since May as concerns grow that a global economic slowdown will ultimately hobble demand. West Texas Intermediate crude futures dropped as much as 9.3% to near $98 a barrel. Oil was pressured in a low liquidity session on Tuesday as equities fell […]
Read More(Bloomberg) — Iran is being forced to discount its already cheap crude even more as a top ally gains a bigger foothold in the key Chinese market. China has become an important destination for Russian oil as Moscow seeks to maintain flows following the fallout from its invasion of Ukraine. That’s led to increased competition […]
Read More(Bloomberg) — Oil edged higher for a fourth day as shipments from key Libyan ports were suspended, the latest factor compounding market tightness. West Texas Intermediate edged above $113 a barrel after gaining over the previous three sessions. Libya’s state oil company has suspended shipments from two key eastern ports amid renewed disruption in the […]
Read More(Bloomberg) — Oil sank as investors weighed escalating concerns that the US may be headed for a recession, while the Biden administration prepared to step up its fight against lofty pump prices by calling for a tax holiday on gasoline. West Texas Intermediate tumbled toward $104 a barrel, echoing last week’s retreat, with prices falling […]
Read More(Bloomberg) –ConocoPhillips said volatility in global gas markets may last years, as it joined other Western energy firms by investing in a $29 billion project to boost Qatar’s exports of the fuel. The Houston-based company will buy a 3.1% holding in the North Field East project. Chief Executive Officer Ryan Lance announced the deal alongside […]
Read More(Bloomberg) — Oil steadied in Asia — after plunging almost 7% on Friday — as traders weighed prospects for higher near-term demand against concerns that aggressive US monetary tightening will lead to a recession. West Texas Intermediate traded above $109 a barrel after tumbling by the most since early April last week as escalating worries […]
Read MoreContinental Resources, Inc. explores for, develops, produces, and manages crude oil, natural gas, and related products primarily in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. CLR $70.3000 […]
Read MoreBuy Price: $8.65 or better Sell Price: TradersPro Sell Signal VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon in West Africa. The stocks founds in […]
Read MoreOasis Petroleum Inc. (OAS) Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of onshore unconventional oil and natural gas resources in the United States. It engages in the acquisition and development of oil and gas properties. Laredo Petroleum, Inc. (LPI) Laredo Petroleum, Inc., an independent energy company, engages […]
Read MoreEvolution Petroleum Corporation, an oil and natural gas company, engages in the development, production, ownership, and management of oil and gas properties in the United States. EPM $7.5500 0.3700 % 5.1500 Evolution Petroleum Corp Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend BUY UP UP Day: 5.15% Wk: -1.82% Mo: 19.84% […]
Read More(Bloomberg) — Exxon Mobil Corp. shares rose to the highest intraday level ever Wednesday and are on track to close at a record, stoked by an almost 60% surge in crude prices that’s lifting oil supermajors and complicating efforts to fight global inflation. North America’s largest oil company traded as high as $105 in New […]
Read MoreHess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. HES $128.8800 2.2700 % 1.7900 Hess Corp Sector : Oils-Energy Industry : Oil – US Integrated Signal Short Term Trend Long […]
Read MoreThe Chemours Company (CC) The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates through four segments: Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions. TransAlta Corporation (TAC) TransAlta Corporation owns, operates, and develops a diverse fleet of electrical […]
Read More(Bloomberg) — OPEC+ will increase the size of its oil-supply hikes by about 50%, bowing to months of pressure from major consumers including the US to help ease the pain of high energy prices. Ministers agreed on Thursday that the group should add 648,000 barrels a day of oil to the market in July and […]
Read More(Bloomberg) — Natural gas exports from the US are soaring amid a global shortage of the fuel, but traders are betting that producers in one of the biggest shale basins will be selling their supply at a discount next year. The culprit: A lack of pipelines. Companies including Kinder Morgan Inc., Energy Transfer LP and […]
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