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Largest ever crude oil inventory draw an anomaly, oil price fell

Oil inventory surveys this week indicated enormous drawdowns:Oil hammered despite record US weekly draw. Eyes on Saudi ArabiaPrivate ...

August 2, 2023, 10:17 pm

Halliburton, schlumberger, baker hughes: time to buy oil services stocks?

Halliburton (HAL) According to recent analysis by UBS, Halliburton Company (NYSE:HAL) beat adjusted earnings per share (EPS) estimates in Q2 2023, rep...

August 2, 2023, 9:58 am

Following its q2 results, bp is a buy

BP is a dividend growth stock that is transitioning towards renewable energy while still maintaining its oil and gas production. The company's fundame...

August 2, 2023, 4:59 am

Genel energy highlights ‘material cash position' as it pursues new opportunity

Genel Energy PLC (LSE:GENL, OTC:GEGYY) chief executive Paul Weir highlighted the oiler has ‘a material cash position', prioritised for investment i...

August 2, 2023, 3:41 am

Icymi - opec’s crude production fell by the most in three years (via a bloomberg survey)

A Bloomberg article overnight on tighter oil supply. Output from the Organization of Petroleum Exportin...

August 2, 2023, 12:24 am

Private oil survey data shows huge headline crude draw, much larger than expected

The inventory data from the private survey is out now, official data follows Wed. morning (US time).This is the largest weekly draw in this survey in ...

August 1, 2023, 8:38 pm

S&p 500 gains and losses today: oil industry stocks advance as oil prices climb

The S&P 500 was little changed to start the week on Monday, July 31, 2023, edging 0.2% higher as oil st...

July 31, 2023, 6:15 pm

Global electrodeposited copper foils market projected to grow at 9.2% cagr through 2033, driven by 5g and iot technologies | persistence market research

Global Electrodeposited copper Foils Market by Application (Printed Circuit Boards, EMI Shielding, Batteries, Switchgear and Others) New York, July 31...

July 31, 2023, 1:33 pm

Baytex energy: transition complete

The acquisition of Ranger Oil adds operated Eagle Ford acreage to the non-operated acreage. The ability to share information with partner Marathon ...

July 29, 2023, 7:17 am

Suncor energy: a dividend stalwart with staying power

Suncor Energy Inc. has a manageable debt load and plans to pay down $9 billion of debt over the next 2 years. The company extracts primarily Bitumen f...

July 28, 2023, 4:27 am

Icymi - saudi arabia is expected to extend oil supply cuts into september

While factors boosting demand for oil improved overnight and on Wednesday:strong economic data from the US, in gross domestic product and pending home...

July 28, 2023, 12:41 am

4 excellent oil companies for your high dividend income portfolio

The energy sector has been in near-term lows for some time now, and has rebounded well, however there is still plenty of opportunity for income invest...

July 27, 2023, 5:32 pm

Centrica and shell bumper payouts renew windfall tax calls, but shareholders 'not too bothered'

oil supermajor Shell PLC (LSE:SHEL, NYSE:SHEL) and British Gas owner Centrica PLC (LSE:CNA) were unde...

July 27, 2023, 8:28 am

Shell launches us$3bn share buyback despite earnings plunge

Shell PLC (LSE:SHEL, NYSE:SHEL) is launching US$5.5bn of new share buybacks and increased its quarterly dividend 15% to US$0.33 even after earnings tu...

July 27, 2023, 2:41 am

By 2031, organic fertilizers market is anticipated to cross usd 18 billion, with a cagr of over 7% from 2022 to 2031: tmr study

Organic fertilizers are growing increasingly important for developing sustainable agricultural goods as organic food gains popularity among customers ...

July 26, 2023, 9:46 am

Private oil survey data shows headline crude build vs. the draw that was expected

The inventory data from the private survey is out now, official data follows Wed. morning (US time).more to come--Expectations I had seen centred on:H...

July 25, 2023, 8:33 pm

Forexlive americas fx news wrap: pmis highlight areas for concern

US July flash S&P Global services PMI 52.4 vs 54.0 expectedChina pledge to step up policy support underpins rally in oil and Chinese equitiesU.S. Trea...

July 24, 2023, 7:59 pm

Wti crude oil settles above the 200-day moving average for the first time since august

WTI crude oil settled above the 200-day moving average for the first time since August in a rare win fo...

July 24, 2023, 7:07 pm

High energy momentum: top-ranked oil stocks breaking out now

Energy prices have been trading emphatically higher over the last two months after moving sideways to lower for most of 2023. Most recently, the Energ...

July 24, 2023, 3:21 pm

Crude oil market relies on demand

As the new week in July kicks off, the commodities market is in high spirits. The price of Brent crude oil has surged to 81.00 USD per barrel. The ...

July 24, 2023, 2:05 pm


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