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'we're in a very tight market,' says american petroleum institute's ceo

Mike Sommers, CEO of American Petroleum Institute, attributed some of the tightness in oil and gas markets to low ...

September 21, 2023, 11:55 pm

Why redfin stock dropped today

Redfin fell on Thursday after the National Association of Realtors (NAR) announced that U.S. home sales fell 0.7% sequentially and 15.3% year over yea...

September 21, 2023, 4:28 pm

Natural gas, wti oil, brent oil forecasts – oil rebounds from session lows as crude inventories decline

U.S. is buying oil for the Strategic Petroleum Reserve, which is bullish for oil markets....

September 20, 2023, 1:49 pm

Ubs on brent oil - strong fundamentals to support a $90–100/bbl range in coming months

A UBS analyst note on the oil price says their base case is that the price will not rise above $100 a barrel on a sustained basis over the next year. ...

September 19, 2023, 10:33 pm

Icymi - chevron’s ceo sees oil prices getting “close” to reaching the $100-a-barrel level

Chevron CEO Mike Wirth spoke in an interview on Bloomberg TV. He outlined his reasoning for expecting even higher prices: “Supply is tightening, ...

September 19, 2023, 1:58 am

3d systems streamlines production, fosters continuous innovation by insourcing manufacturing of additional printer platforms

Insourcing of metal and polymer production printers in Riom, France & Rock Hill, South Carolina facilities enables enhanced quality control, reduced m...

September 14, 2023, 8:51 pm

Wti crude oil rises above $90 to a fresh high for the year

By this point the story is well-known -- OPEC+ is putting a squeeze on the market and it's under-supplied somewhere in the 1-3 million barrel per day ...

September 14, 2023, 2:43 pm

Eia weekly us natural gas inventories +57 vs +48 bcf expected

Natural gas prices were up 3.4% ahead of the report but this should be a drag. The market is worried about falling volumes going into Freeport LNG. Th...

September 14, 2023, 2:31 pm

Us july business inventories 0.0% vs +0.1% expected

Prior was +0.0%Retail inventories ex-autos 0.0% vs +0.1% priorBig parts of the US are running light on ...

September 14, 2023, 2:03 pm

Wti, brent shrug off us inventories surge as oil prices hit fresh 2023 highs

Oil prices resumed their upside rally this morning following a brief pause yesterday on surging US inventories. How much further will Oil prices advan...

September 14, 2023, 11:24 am

Boa on oil: opec+ cuts, asia demand - "brent prices could spike past $100/bbl"

A higher oil price forecast into year-end from analysts at Bank of America, this in summary.BoA bottom line is:Should OPEC+ maintain the ongoing suppl...

September 13, 2023, 10:28 pm

Forexlive americas fx news wrap: us inflation runs a touch on the hot side

US August CPI +0.6% m/m versus +0.6% m/m expectedUS EIA weekly crude oil inventories +3954K vs -1912K e...

September 13, 2023, 8:31 pm

Wti crude touches a fresh 2023 high but settles lower

Oil touched a fresh high this year of $89.64 but profit taking ahead of the big figure capped the gains and oil fell into settlement, with WTI finishi...

September 13, 2023, 6:34 pm

Us eia weekly crude oil inventories +3954k vs -1912k expected

Prior was -6307KGasoline +5560K vs +237K expectedDistillates +3931K vs +1303K expectedRefinery utilization +0.6% vs -0.4% expectedProduction estimate ...

September 13, 2023, 2:30 pm

Supply considerations are fueling the energy market rally, says bofa securities' francisco blanch

Francisco Blanch, global head of commodity & derivatives strategy at BofA Securities, joins 'The Exchange' to discuss supply levels fueling the price ...

September 13, 2023, 2:23 pm

V.f. corporation: the safest dividend may be one that has just been cut

It is unsurprising that the VFC stock has further underperformed after the recent earnings call, thanks to the underwhelming FQ1'24 FCF generation and...

September 13, 2023, 2:00 pm

Eia boosts 2023 world oil demand growth but cuts 2024 forecast

Sees world oil demand 50k bpd higher this yearSees demand 250k bpd below previous levels next yearSees 2023 demand up 1.81 mbpdSees 2024 demand up 1.3...

September 12, 2023, 4:05 pm

Uaw strike ‘seems inevitable,' with effects on gm and ford hinging on how long it might last

A strike affecting one or all of the Big Three automakers “seems inevitable,” Wall Street analysts and auto-industry observers say, with the marke...

September 12, 2023, 3:51 pm

Oil prices stable as market awaits data on inventories, economy

Brent crude futures hovered just above $90 a barrel on Tuesday, as investors awaited a slew of macroeconomic data due later this week that could indic...

September 11, 2023, 8:44 pm

Economic calendar: a torrent of uk and chinese releases, us inflation and inventories, and ecb meeting

A torrent of key economic data releases is coming out this week, which will significantly impact the markets......

September 11, 2023, 12:31 pm


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