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Xle and the oil industry: a crude awakening
Oil prices crashed this week on macro worries. The longer-term outlook for oil prices and thus the Energy Select Sector SPDR ETF is far from bad....
March 16, 2023, 12:02 pm
Crude oil price forecast – crude oil markets continue to look vulnerable
Crude oil markets have done very little during the trading session on Thursday, but after the beating that the market has taken over the last couple o...
March 16, 2023, 9:41 am
Wti crude oil prices rebound after 15-month low amid banking system anxiety
Oil prices were boosted by OPEC and IEA's forecasts of an increase in oil demand in 2023 due to China's economic reopening and increased air travel....
March 16, 2023, 6:24 am
Stock market off lows despite contagion fears; gold climbs while crude oil plummets
The spreading crisis stoked fears of a global financial shock wave, similar to 1997's "Asian Contagion.” The post Stock Market Off Lows Despite Cont...
March 15, 2023, 5:28 pm
U.s. crude slips below $70 a barrel
Oil prices fell to 15-month lows amid fears that the banking-sector turmoil signals broader challenges for the economy....
March 15, 2023, 2:11 pm
Shell and bp take a beating as bank woes hit crude prices
Shares in BP PLC (LSE:BP.) and Royal Dutch Shell PLC (LSE:SHEL, NYSE:SHEL) tumbled more than 8% as they incurred collateral damage from the banking s...
March 15, 2023, 1:07 pm
Crude oil price forecast – crude oil markets breakthrough major support
Crude oil markets have broken down rather significantly during the trading session on Wednesday, as fears of a major global recession have hit the mar...
March 15, 2023, 11:12 am
Oil remains sharply lower after eia reports rise in u.s. crude inventories
Oil futures remained sharply lower Wednesday after the Energy Information Administration said U.S. crude ...
March 15, 2023, 10:57 am
Crude oil price forecast – crude oil markets continue to find support
Crude oil markets have fallen a bit during the trading session on Thursday but turned around to show support at the bottom of the range that we have b...
March 14, 2023, 10:47 am
Crude oil price forecast – crude plunges to the bottom of its range
Crude oil markets have gotten absolutely crushed during the trading session on Monday, as we have seen the market test the bottom of its trading range...
March 13, 2023, 10:24 am
Oil and gas stocks suffer broad selloff as crude prices drop in wake of svb collapse
The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will trigger an economic slowdown which saps demand f...
March 13, 2023, 9:19 am
Oil price fundamental daily forecast – rally spurred by speculation fed may act less aggressively
Crude oil speculators shrug-off concerns of further interest rate hikes and a strengthening dollar amid better-than-expected U.S. labor data....
March 12, 2023, 1:32 pm
Elliott wave analysis of usdcad – march 13th, 2023
USDCAD surged sharply last week helped by Jerome Powell's hawkish testimony in front of Congress and a decline in...
March 12, 2023, 9:26 am
Wti crude oil futures settle at $76.68
The price of WTI crude futures are settling at $76.68. That's up $0.96 or +1.27%
The low today...
March 10, 2023, 8:34 pm
International seaways is sailing high seas
Conditions seem to justify vigorous growth potential for the crude oil and petro products industry and ...
March 10, 2023, 7:08 pm
Baker hughes us oil rig count -2 to 590
- Gas rigs -1 to 153
WTI crude oil is holding up well today on hopes for lower termin...
March 10, 2023, 6:04 pm
Crude oil weekly price forecast – crude oil markets continue overall consolidation
Crude oil markets have fallen a bit during the course of the trading week, as we continue to trade back and forth in the same range. The post...
March 10, 2023, 5:07 pm
Look to midstream etfs for another way to play natural gas
Investor interest in natural gas jumped in February, with natural gas ETFs being the second most-researched theme on ETF Database during the month. No...
March 10, 2023, 3:38 pm
Oil futures gain for the session, pare their loss for the week
Oil prices climbed on Friday, paring their loss for the week to less than 4%. The crude-oil market is caught between “unforgiving inflation and a re...
March 10, 2023, 2:52 pm
