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Wti crude oil staying bearish despite strong rebound

WTI crude oil rebounded strongly yesterday, as lifted by news of outage of an oil export terminal after the earthquake in Turkey. But upside is capped...

February 8, 2023, 12:40 pm

Oil - private survey of inventory shows a 2m headline draw vs. the build that was expected

This is from the privately surveyed oil stock data ahead of official government data tomorrow mornin...

February 7, 2023, 9:33 pm

oil states announces fourth quarter 2022 earnings conference call

Friday, February 17, 2023 at 10:00 a.m. Central Time Friday, February 17, 2023 at 10:00 a.m. Central Time...

February 6, 2023, 5:15 pm

Boc survey sees negative gdp growth in 2023 with rates falling 50 bps by year end

  • Median GDP for 2023 at -0.4%
  • GDP of +2.0% in 2024
  • Accumulated savings and commodity prices are main upside risks
  • Weake...

    February 6, 2023, 3:42 pm

Technical support in place for oil stock

Oil and gas name EOG Resources Inc (NYSE:EOG) has been sliding since its late January peak, last seen down 1.2% at $123.14, and now sporting a 4.8% ye...

February 6, 2023, 3:12 pm

Don't overthink it, bp is a buy

BP is not my absolute top pick among oil stocks, however, the good easily outweighs the bad. The compan...

February 5, 2023, 9:37 am

Us close – fed irked by nfp shocker and ism data, oil sharply reverses,  gold crushed, bitcoin rally stalls

After a busy and volatile week that included the end of Fed Chair Powell’s hawkish tone and mega-cap tech earnings disappointments, Wall Street shou...

February 3, 2023, 7:13 pm

More than 13,000 nigerian residents take shell to court over oil spills

A combined 13,652 claims are asking Shell to take responsibility for the loss of their livelihoods....

February 2, 2023, 6:19 am

Oil - private survey of inventory shows much larger build than was expected

This is from the privately surveyed oil stock data ahead of official government data tomorrow mornin...

January 31, 2023, 9:42 pm

Oil and gas industries are back, says baker hughes ceo

Lorenzo Simonelli, CEO of Baker Hughes, joins CNBC for an exclusive interview at this year's Baker Hughes conference and what he foresees for the gas ...

January 31, 2023, 11:17 am

oil steadies after falling on rate hike worries, russian crude flows

Oil prices steadied in early Asian trade on Tuesday after falling by more than 2% in the previous session on the threat of further interest rate hikes...

January 30, 2023, 9:06 pm

Wti crude oil settles at $77.90

The price of WTI crude oil is settling at $77.90. That is down -$1.78 or -2.23%. The high for the day reached $80.49. The low extended to $77.74. <...

January 30, 2023, 7:51 pm

oil services etfs in focus on strong q4 earnings

oil services ETFs should gain on upbeat earnings. These ETFs have a strong Zacks Rank....

January 30, 2023, 3:48 pm

What awaits the oil market in february?

Information is not investment advice The Backstory Western countries are trying to find other options for oil and gas supplies after a 10th package of...

January 30, 2023, 12:29 pm

oil steadies ahead of expected rate hikes, opec committee meeting

Oil futures traded near unchanged on Monday, steadying after last week's decline, as investors awaited expected rate hikes by the Federal Reserve and ...

January 30, 2023, 7:33 am

Marathon oil stock appears undervalued based on competitor analysis

Oil and Gas Industry sees a lot of competition among a few large players. Marathon Oil is relatively small and can scale up a lot in the coming years....

January 30, 2023, 6:42 am

Usd/cad aims to build cushion around 1.3300 as oil price plunges, fed policy hogs limelight

The rising oil supply from Russia at discounted prices to Asia triggered volatility in the oil price. T...

January 29, 2023, 11:44 pm

Does oil services firm nov have enough energy to maintain rally?

The stock advanced more than 6% for the week, as of January 26. The broader large-cap energy sector, as tracked by the Energy Select Sector SPDR Fund ...

January 28, 2023, 4:00 am

This oil stock posted stunning profits in 2022. is there more fuel left in the tank?

The company capitalized on strong market conditions last year....

January 27, 2023, 7:13 am


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