ENB Publishers Note: Do we see $54? Two touches, but no continuation move through. If we can get a bullish rig report, look out for a a break of that resistance line. New York — Crude […]
Paris, January 14, 2021 – Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at […]
Chevron Chief Executive Mike Wirth is doubling down on oil. The boss of the $180 billion U.S. fossil fuel firm told Reuters on Tuesday that he was a fan of the 2015 Paris Agreement to […]
ENB Publishers Note: API shows large stock draw (we will confirm with the EIA today at 8:30 AM MST) and the DAX futures fall overnight (not sure how much effect that is having). Bulls still […]
Stocks turn north as interest rates push all time highs. The benchmark 10-year note yield traded briefly traded at 1.187%, its highest level since March. The 30-year bond rate climbed to 1.88%. S&P 500: 04% […]
Antero Resources Corporation AR announced that it has priced $700 million of senior unsecured notes. Notably, the aggregate principal amount is upsized from $500 million. The independent natural gas and natural gas liquids company priced the […]
The oil giant Royal Dutch Shell is to cut 330 jobs from its operations in the North Sea. The company said most of the posts are based at its office in Aberdeen and will be […]
ENB Publishers Note: CL briefly passes $53 before diving before settled below after European open drives price action down. Bull still fully in control. ______ Singapore — 0236 GMT: Crude oil futures were rangebound during the […]
DENVER, Jan. 11, 2021 /PRNewswire/ — Antero Resources Corporation (NYSE: AR) (“Antero Resources”) announced today that, subject to market conditions, it intends to offer $500 million in aggregate principal amount of senior unsecured notes due 2029 (the “Notes”) in a private placement to eligible […]
Like many global oil majors ExxonMobil is under considerable pressure because of the significant fallout from the COVID-19 pandemic, sharply weaker oil prices and the threat of peak oil demand. There are growing fears that […]
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