Buy Price: $12.65 or better Sell Price: TradersPro Sell Signal Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma. The stocks founds in […]
Read MoreNextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas (LNG); and capture and storage of CO2 emissions. The company focuses on the development activities on the Rio Grande LNG terminal facility located in the Port of Brownsville in southern Texas. NEXT $8.3200 0.0100 % 0.1200 Nextdecade Corp […]
Read MoreCurtiss-Wright Corporation (CW) Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services to the aerospace, defense, general industrial, and power generation markets worldwide. worldwide. ONEOK, Inc. (OKE) ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas […]
Read MorePBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. PBF $35.7900 -0.5200 % -1.4300 PBF Energy Inc Sector : Oils-Energy Industry : Oil – Refining and Marketing Signal Short Term Trend Long Term Trend BUY UP UP Day: -1.43% Wk: 3.05% […]
Read More(Bloomberg) — A logistically risky and costly transfer of crude between tankers at sea highlights the steps at least one Chinese buyer is willing to take to ensure the smooth flow of oil from eastern Russia to Asia. Buyers are using creative ways to maintain flows as more shipowners shun Russian oil due to the […]
Read MoreThroughout 2022, one of the biggest storylines in the marketplace has been the pace of inflation. It’s been reflected in rising prices across the board all the way to the consumer level, and one of the places it has been most clearly seen is the price of crude. West Texas Intermediate (WTI) crude, which acts […]
Read More(Bloomberg) — Oil declined at the week’s open as investors weighed a pledge by the Group of Seven to ban imports of Russian crude against a cut in official prices by Saudi Arabia and China’s wave of energy-sapping lockdowns. West Texas Intermediate fell toward $109 a barrel after closing at a six-week high on Friday. […]
Read More(Bloomberg) — Oil dropped by more than $5 a barrel in a matter of minutes after a report that the Biden administration is considering releasing about 1 million barrels a day from its strategic reserves for several months. The overall release could be as much as 180 million barrels, according to people familiar with the […]
Read More(Bloomberg) — TC Energy Corp.’s Keystone XL crude pipeline could be built by the first quarter of next year if the Biden administration were to reverse its decision to cancel the project. Construction of the controversial pipeline, which would have raised Canada’s oil-sands export capacity to the U.S. by almost 900,000 barrels a day, had […]
Read More(Bloomberg) — Demand destruction is the only thing that can stop oil shooting higher after the U.S. and European allies unleashed additional curbs on Russia following its invasion of Ukraine, according to Goldman Sachs Group Inc. The bank raised its one-month forecast for Brent crude to $115 a barrel, from $95, with significant upside risks […]
Read More(Bloomberg) — President Joe Biden, who has asked OPEC+ to raise oil production faster to tame runaway energy prices, just got a gift on his home turf instead: a blockbuster growth forecast for U.S. shale production from the country’s two biggest oil companies. Exxon Mobil Corp. said Tuesday it plans to boost output by 25% […]
Read MoreOne of the ways that I think a smart investor keeps track of industry and economic trends that can have a carryover effect on broad market activity. One of the sectors that is useful for the purpose is the Energy sector, since energy products such as petroleum and natural gas are used in the production […]
Read MorePart of taking a smart, value-based approach to investing in the stock market involves keeping track of information on industry and economic trends that are likely to have broad residual impacts on market activity. One of the sectors that I think has a broad carryover effect on multiple other sectors in the economy is Energy, […]
Read MoreA new Florida-based startup hopes it has devised a solution to the decades-old puzzle of how to transport natural gas from Turkmenistan’s enormous reserves across the Caspian to Azerbaijan and, potentially, onward to Europe. The company, Trans Caspian Resources (TCR) was founded in April and is co-headed by a former U.S. ambassador to Turkmenistan, Alan […]
Read More(Bloomberg) — Black Friday turned red very quickly for global oil markets. The day after Thanksgiving has been choppy before — fewer traders can mean more volatility — but nothing like this year. The prospect of the freshly named Omicron variant of Covid derailing the world’s fight against the pandemic saw an early morning sell-off […]
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