News
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Energy stocks, oil prices rise as U.S. crude supplies decline again
Energy (XLE +3.2%) is the clear leader among today's S&P industry sectors, supported by a 3.4% surge in WTI October crude oil (CL1:COM) to $72.86/bbl, rising for the fourth straight
Seekingalpha · 1d ago
U.S. crude inventories draw tops estimates
Energy Information Administration Petroleum Inventories: Crude -6.4M barrels vs. -3.5M consensus, -1.5M last week. Gasoline -1.9M vs. -1.9M consensus, -7.2M last week. Distillates -1.7M vs. -1.6M consensus, -3.1M last week.
Seekingalpha · 1d ago
Crude oil closes little changed as storm-related production concerns fade
Crude oil prices finish flat, with both WTI (CL1:COM) and Brent (CO1:COM) maintaining six-week highs at $70.46/bbl and $73.60/bbl, respectively, with nearly 40% of U.S. Gulf of Mexico production still
Seekingalpha · 2d ago
Crude oil hits six-week high as U.S. supply still weighed by weather
Energy stocks (XLE +3.2%) dominate the top of the S&P 500 leaderboard in the early going, as the slow restoration of oil production in the Gulf of Mexico from Hurricane
Seekingalpha · 3d ago
Oil rig count rises, Baker Hughes survey says
The total count of U.S. active drilling rigs fell 6 to 503, according to the latest weekly survey from Baker Hughes. Drilling rigs targeting crude oil rose by 7 to 401,
Seekingalpha · 6d ago
Multiplying Crackdowns Haven’t Stopped Cash Pouring Into China
Bloomberg · 09/04 00:00
HelloFresh, Zalando to Join DAX in German Benchmark Revamp
Bloomberg · 09/03 21:18
Oil rig count falls, Baker Hughes survey says
The total count of U.S. active drilling rigs fell 11 to 497, according to the latest weekly survey from Baker Hughes. Drilling rigs targeting crude oil fell by 16 to 394,
Seekingalpha · 09/03 17:05
OPEC+ agrees to continue gradual monthly oil production increases
OPEC+ says it has agreed to keep its current production agreement in place, maintaining the 400K bbl/day hike scheduled for October. The group took less than an hour to make
Seekingalpha · 09/01 16:30
Gasoline up, crude oil down as focus shifts to OPEC from Ida
Gasoline futures spiked as much as 4% before trimming gains, while crude oil fell slightly, after Hurricane Ida made landfall in Louisiana with winds stronger than Katrina in 2005. Local
Seekingalpha · 08/30 11:50
UCO, GUSH and LABU among weekly ETF movers
Gainers: S&P Oil & Gas Expl Bull 3X Direxion (NYSEARCA:GUSH) +29%. Microsectors U.S. Big Oil Index 3X ETN (NYSEARCA:NRGU) +28%. Ultra Bloomberg Natural Gas ETF (NYSEARCA:BOIL) +27%. S&P Biotech Bull
Seekingalpha · 08/28 14:05
Gulf refinery operators prep as Hurricane Ida bears down on Louisiana
Hurricane Ida is expected to rapidly intensify as it moves through the Gulf of Mexico today and tonight on a path toward Louisiana. The storm could arrive as a Category
Seekingalpha · 08/28 13:44
Bigger than forecast gasoline draw leads crude prices to third straight gain
Oil futures post their third consecutive gain after falling for the seven straight previous sessions, after data showed U.S. fuel demand rising to its highest since the start of the
Seekingalpha · 08/25 20:35
Oil jumps again as demand outlook brightens, Mexico cuts output after fire
Energy (XLE +1.1%) is the noontime leader on today's S&P sector leaderboard, as crude oil prices extend yesterday's big gains on rising demand optimism, a major production outage in Mexico
Seekingalpha · 08/24 16:30
Crude oil soars after seven straight days of losses; energy stocks rally
Crude oil prices rebound from their seven-day losing streak, largely fueled by a return of risk-on investor sentiment that has weakened the dollar despite demand concerns prompted by rising cases
Seekingalpha · 08/23 14:35
Oil rig count rises again, Baker Hughes survey says.
The total count of U.S. active drilling rigs added three more to reach 503, according to the latest weekly survey from Baker Hughes. Drilling rigs targeting crude oil jumped by
Seekingalpha · 08/20 17:09
WTI crude slumps to weakest since May as gasoline build surprises
U.S. crude oil futures sank to nearly three-month lows, as investors worry about worsening fuel demand as COVID-19 cases surge around the world and the U.S. summer driving season nears
Seekingalpha · 08/18 20:30
FTSE 100 to Lose Second-Biggest Name as BHP Goes Home
Bloomberg · 08/17 10:13
Why Cathie Wood Took Her ARKK ETF’s China Stock Exposure to Zero
Bloomberg · 08/17 09:00
Oil trims early losses as OPEC+ reportedly rejects U.S. call for more output
Crude oil prices fell following disappointing data from China highlighting the potential damage to demand from the spread of the coronavirus delta variant. But oil closed well above earlier lows
Seekingalpha · 08/16 20:35
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