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 […]
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 […]
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 […]
Dubai — A return of Iranian oil to the market if new US President Joe Biden resurrects the nuclear deal could destabilize crude prices and undermine the OPEC+ alliance, experts said at the Atlantic Council Global […]
Abstract The recent and dramatic decline in the price of oil illustrates the risk every oil and gas producer faces with energy commodity price volatility. Although depressed prices forced operators to shut-in production to save […]
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 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 […]
Summary Working gas in storage was 3,196 Bcf as of Friday, January 8, 2021, according to EIA estimates. This represents a net decrease of 134 Bcf from the previous week. Stocks were 126 Bcf higher […]
Goldman Sachs has flipped on their bearish natural gas stance to a bullish one. Goldman’s Samantha Dart’s reasoning behind the view shift is due to a combination of factors including “supply disruptions, shipping delays, and […]
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