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Finance

Commodities

Overnight Oil Report 2/12/2021 – Booking Profits, Taking Names

February 12, 2021 Mariel Alumit

New York — Crude oil futures settled lower Feb. 11, retreating from 13-month highs as traders booked profits amid mixed demand outlooks. NYMEX March WTI settled 44 cents lower at $58.24/b, and ICE April Brent declined […]

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Commodities

Energy News Beat 2/11/2021:

February 11, 2021 Stu Turley

Markets mixed, Earnings are rolling out – Jobless numbers impacting – around the 10% if the people that quit looking for work included. Duke Energy Earnings NG Stocks 171 BCF Draw ET goes to renewables […]

Commodities

Overnight Oil Report 2/11/2021: Gasoline inventories build (yay fundamentals)

February 11, 2021 Mariel Alumit

Singapore — 0255 GMT: Crude oil futures were lower during mid-morning trade in Asia Feb. 11 on the back of a build in US gasoline inventories and despite the sharp drop in crude oil stocks. At […]

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Commodities

Energy News Beat 2/10/2021: Has Oil run dry?

February 10, 2021 Stu Turley

Crude Oil and Natural Gas News Putin wants to take out US Shale, and produce everything Biden bans. OPEC still has no enforcement of production Total says that there will be 10mbd off the market […]

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Commodities

Overnight Oil Report 2/10/2021 – Fundamentals?!

February 10, 2021 Mariel Alumit

Singapore — 0234 GMT: Crude oil futures were rangebound in mid-morning trade in Asia Feb. 10 as improving fundamentals for crude oil were weighed against concerns of an overheated market. At 10:34 am Singapore time (0234 […]

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Commodities

Energy News Beat 2/9/2021: Super Bowl Hangover? Not For Crude

February 9, 2021 Mariel Alumit

Markets stay flat today after huge Monday rally fades away S&P 500: 01% Nasdaq: -0.09% Dow Jones: 08% “The market has been pricing in the reopening optimism, and in the short term that may be […]

Commodities

“Over-Long-Weekend” Oil Report 2/9/2021

February 9, 2021 Mariel Alumit

Singapore — 0300 GMT: Crude oil futures strengthened during mid-morning trade in Asia Feb. 9, as expectations of a return to pre-coronavirus consumption patterns amid the abating crisis and hopes of an upcoming US stimulus package […]

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Crude Oil News

Energy News Beat 2/5/2021: Friday’s With DRW

February 5, 2021 Stu Turley

Friday with #hottakeoftheday’s David Ramsden Wood, or as his friends call him “DRW”.      Stocks rise moderately throughout the day, with bad jobs data spurning the notion of a new stimulus bill soon • […]

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Crude Oil News

Energy News Beat 2/4/2021: Earnings on Earnings

February 4, 2021 Mariel Alumit

Stocks have another green day to patch a solid week for the markets as earnings and economic data shine bright S&P 500: 85% Nasdaq: 78% Dow Jones: 56% A better-than-expected jobless claims report helped boost […]

Commodities

Overnight Oil Report 2/4/2021 – Crude TO THE MOON

February 4, 2021 Mariel Alumit

Singapore — 0248 GMT: Crude oil futures rose during mid-morning trade in Asia Feb. 4, as the US Energy Information Administration reported a draw in crude inventories and as the OPEC+ meeting concluded with a sense […]

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