Notes and opinions from the Energy News Beat team.
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 […]
Mixed data out as traders weigh new stimulus versus jobless claims increase. The Dow Jones Industrial Average gained 11 points, led by Boeing, Chevron and Intel, while the S&P 500 rose 0.2%. S&P 500: 16% […]
Singapore — 0238 GMT: Crude oil futures edged lower during mid-morning trade in Asia Jan. 14 as any bullishness due to a draw in US crude inventories was outweighed by indications of weak fundamentals in downstream […]
Stocks inch green Wednesday amid interests rates falling and the political uncertainty coming out of DC. S&P 500: 45% Nasdaq: 70% Dow Jones: 19% Given the rise in rates this year, Credit Suisse recommended that […]
Energy News Beat Publishers Note: The Carbon Tax is going to be a world wide impact to investments, renewable, and fossil fuels. Norway is doing this right and needs to be followed for the rest […]
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% […]
Energy News Beat Publishers Note: This is an excellent summary from DRW on the world wide phenomena of EV investments. Tesla is capturing significant market share from all of the EV manufactures and is making […]
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 […]
Stocks fall to begin the week amid some pullback in valuations (yes I laughed when I wrote this). Tesla shares were off by 5.8%. Bitcoin, which has been a symbol of speculation in the financial […]
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