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 […]
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 […]
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 […]
ENB Publishers Note: Incoming US Treasury Sec. Janet Yellen signals more spending to prop up markets with drives traders to the bull-side on oil. Singapore — 0306 GMT: Crude oil futures rose in the mid-morning trade […]
Markets price in larger stimulus amid changing administration and bank earnings coming in higher than expected. The Dow Jones Industrial Average rose 150 points, or 0.5%. The S&P 500 gained 0.7%, led by communication services, […]
ENB Publishers Note: Rangebound for crude oil prices as new US administration readies fresh stimulus. Remember traders…weaker dollar, better oil… Singapore — 0636 GMT: Crude oil futures were mixed during mid-afternoon trade in Asia Jan. 19, […]
ENB Publisher Note: OPEC cuts can’t keep new China virus markets spoof CL prices to open the weekend. Remember, NYSE closed so no trading active on the equities side. Singapore — 0310 GMT: Crude oil futures […]
Buy the rumor, sell the news as markets fall flat with Biden proposed $1.9 trillion stimulus. The Dow Jones Industrial Average traded 89 points lower, or 0.3%. The S&P 500 dipped 0.4%, and the Nasdaq […]
The Securities and Exchange Commission launched an investigation of Exxon Mobil Corp. XOM 3.90% after an employee filed a whistleblower complaint last fall alleging that the energy giant overvalued one of its most important oil and gas properties, according to […]
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 […]
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