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Crude Oil News

Energy News Beat 1/27/2021: SpaceX wildcatters?

January 25, 2021 Mariel Alumit

  Another “record” Monday for the S&P as major indices inch higher as earnings season takes full effect this week. This coming week, 13 Dow components and 111 S&P 500 companies are set to report […]

Commodities

Over-weekend Oil Report: Complex energy fundamentals keep prices range bound

January 25, 2021 Mariel Alumit

ENB Publishers Note: $CL currently trading at $52.47, finding a large block of volume at $52.40. Stocks back on normal drop dates (CL Wed @ New York — An unexpected US gasoline draw supported RBOB futures […]

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Commodities

Energy News Beat: 1/22/2021

January 22, 2021 Mariel Alumit

Friday trading session ends with a lull as major indices retreat from all time highs. The broad equity benchmark dipped 0.3% to 3,841.47 after closing at a record in the previous session. The Nasdaq rose […]

Commodities

Overnight Oil Report 1/22/2021: Prices slump amid COVID ramp-up

January 22, 2021 Mariel Alumit

ENB Publishers: Markets reminded that CIVD exists (who knew?) driving prices down below $52 Singapore — 0243 GMT: Crude oil futures fell during the mid-morning trade in Asia Jan. 22, as pandemic concerns heightened amid a […]

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Commodities

Energy News Beat: 1/21/2021

January 21, 2021 Mariel Alumit

Tech stocks again reach all time highs as strong earnings from tech companies this week send markets to the bull side once again. S&P 500: 16% Nasdaq: 66% Dow Jones: 16% “We see the pace […]

Exxon - Energy News Beat
Exploration and Production

ExxonMobil in talks to sell UK North Sea assets to Norway investor HitecVision

January 21, 2021 Mariel Alumit

London — ExxonMobil is in talks to sell its UK North Sea assets to Norwegian investor HitecVision, the companies said Jan. 21, after HitecVision was previously instrumental in ExxonMobil’s exit from Norway. In separate statements, the […]

Commodities

Overnight Oil Report 1/21/2021: API shows bearish build while traders eye more stimulus

January 21, 2021 Mariel Alumit

Singapore — 0251 GMT: Crude oil futures ticked lower during the mid-morning trade in Asia Jan. 21, as data released by the American Petroleum Institute showed an unexpected build in US crude inventories, although the market […]

Exploration and Production

Extraction Oil and Gas emerges from bankruptcy, names new CEO and chairman

January 20, 2021 Mariel Alumit

DBJ – Extraction Oil & Gas named a new CEO and revealed a new board of directors as it emerged from Chapter 11 bankruptcy Wednesday, completing six months of restructuring. Industry veteran Tom Tyree, who had […]

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ENB Daily Standup

Energy News Beat 1/20/2021

January 20, 2021 Mariel Alumit

Stocks rise as President Joe Biden sworn in as the 46th President of the US. The Dow Jones Industrial Average rose 240 points. The S&P 500 advanced 1.5% to an intraday all-time high.  The tech-heavy […]

Finance

Colgate Energy Partners III raise $300mm of new debt

January 20, 2021 Mariel Alumit

New York, January 19, 2021 — Moody’s Investors Service, (“Moody’s”) assigned first-time ratings to Colgate Energy Partners III, LLC (Colgate), including a B2 Corporate Family Rating (CFR), B2-PD Probability of Default Rating (PDR) and B3 […]

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