7 Reddit Penny Stocks About to Explode
July 19, 2021
InvestorPlace – Stock Market News, Stock Advice & Trading Tips In the last week, Reddi…
3 Cheap TSX Stocks to Buy With $100
July 19, 2021
The fluctuations in the stock market continue to create a solid investment opportunity fo…
Why Canadian Stocks Are Falling in July 2021
July 19, 2021
The Canadian stock market has started the second half of 2021 on a negative note after stag…
Column: Lower oil prices prompt hedge fund short-covering
July 19, 2021
Reuters LONDON – Faltering oil prices, triggered by concern over a third wave of the novel coronavirus and increased confidence OPEC+ would boost production, gave portfolio managers a chance to book profits on tactical short positions. Hedge funds and other money managers purchased the equivalent of 24 million barrels in the six most important petroleum futures and options contracts in
Goldman Sachs sees ‘upside’ to oil price forecasts from OPEC+ supply deal
July 19, 2021
Nasdaq U.S. investment bank Goldman Sachs said the OPEC+ deal to boost oil supply supports its view on oil prices and expects modest “upside” to its summer forecast for Brent to reach $80 a barrel. OPEC+, comprising the Organization of the Petroleum Exporting Countries, Russia and other producers, agreed on Sunday to boost oil supply from August to cool prices
Navios Maritime Acquisition Corporation: New 52-Week Low Set Today (NNA)
July 19, 2021
Navios Maritime Acquisition Corporation (NYSE:NNA) traded today at a new 52-week low of $…
Think Oil Prices Will Rebound? Scoop Up These 4 Stocks
July 19, 2021
OPEC+’s announcement regarding the easing of supply restrictions beginning in August h…
Suncor (TSX:SU) Stock: Up a Massive 27% in 2021
July 19, 2021
The energy sector is enjoying a much-needed strong year in 2021 after the devastating losse…
Why Centennial Resource Development Fell Sharply at the Open Today
July 19, 2021
Shares of U.S. onshore oil driller Centennial Resource Development (NASDAQ: CDEV) f…
Oil Prices Down 4%: Should You Buy Oil Stocks?
July 19, 2021
Trading at US$71.81/barrel, WTI crude is at its three-year high. However, the oil price i…
Exxon Mobil appoints former Diageo executive as finance head
July 19, 2021
Reuters Exxon Mobil Corp (NYSE:XOM) said on Monday it appointed former Diageo (LON:DGE) Plc and United Airlines executive Kathryn Mikells as chief financial officer, effective Aug. 9. Mikells most recently held the finance head role at Diageo and was a member of its board of directors. She has previously served as CFO at Xerox, ADT and water treatment services company Nalco. Exxon said
U.S. oil drops 6% to below $70 as OPEC prepares to boost production, Covid concerns weigh
July 19, 2021
CNBC West Texas Intermediate crude futures fell below the key $70 level Monday for the first time in more than a month as OPEC and its allies agreed to raise output, and as the delta Covid variant threatens global demand. U.S. oil dropped more than 6% to hit a session low of $67.21 for its biggest one-day decline since March. The
