Thursday, June 19, 2025
Here are the key levels to watch in utilities and gold as investors get defensive: Trader- oil and gas 360

Here are the key levels to watch in utilities and gold as investors get defensive: Trader

CNBC Is it time to get defensive? That’s been the question of the week after a volatile bout for U.S. markets, which saw the Dow Jones Industrial Average have its biggest-ever one-day point loss Thursday and biggest one-day point gain Monday. The swings continued Tuesday, with the Dow ultimately closing down nearly 3% after an emergency interest rate cut by the Federal Reserve, an attempt

Report: Crude oil exports soar while U.S. inventory grows slightly- oil and gas 360

Report: Crude oil exports soar while U.S. inventory grows slightly

Houston Chronicle Crude oil production and exports soared during the last week of February while U.S. inventories grew slightly, a new report from the Department of Energy showed. During the last week of February, the United States produced a record 13.1 million barrels of crude oil per day and exported nearly 4.2 million barrels of that production, a Wednesday morning

Oil rises $1 as OPEC, allies work on big output cut-oil and gas 360

Oil rises $1 as OPEC, allies work on big output cut

Reuters LONDON – Brent oil prices rose on Wednesday on expectations that major producers have moved closer to an agreement to enact deeper output cuts aimed at offsetting the slump in demand caused by the coronavirus outbreak. Brent crude LCOc1 was up by 91 cents, or 1.7%, at $52.77 a barrel at 1442 GMT. U.S. West Texas Intermediate (WTI) CLc1