(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) — Iraq stopped oil production from two southern fields with a combined capacity of almost half a million barrels a day. The shutdowns curtail the ability of OPEC’s second-largest member to pump crude just as Russia’s invasion of Ukraine and tight supplies globally send prices soaring. The operators of Nasiriya and West Qurna-2 have […]
Read MoreBuy Price: $22.35 or better Sell Price: TradersPro Sell Signal Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. It engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas. The stocks founds in the One Hot Stock category use stocks […]
Read MoreSM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas. SM $34.8200 0.5300 % 1.5500 Sm Energy Company Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend BUY UP UP Day: 1.55% Wk: 0.44% […]
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 MoreSince the beginning of 2021, the energy sector has rebounded strongly from the pandemic-driven pressures that had kept prices – particularly in crude oil – depressed throughout 2020. From a November 2020 low point at around $34, for example, West Texas Intermediate (WTI) crude more than doubled to an October peak at around $85. The […]
Read MoreAn international shipping company and leader in the seaborne transportation of refined oil products and chemicals. Their fleet of product tankers is fully chartered under medium- to long-term time and bareboat charters. CPLP $16.0600 0.1200 % 0.7500 Capital Product Part Sector : Transportation Industry : Transportation – Ship Signal Short Term Trend Long Term Trend […]
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