Acceleware Ltd. Reports Third Quarter 2023 Financial and Operating Results
November 22, 2023
CALGARY, Alberta, Nov. 22, 2023 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware…
Why Are Oil Stocks Down Today?
November 22, 2023
2023-11-22 14:37:24 ET InvestorPlace – Stock Market News, Stock Advice & Trading Tips…
Top oil fund books largest outflows since 2016 on OPEC+ uncertainty
November 22, 2023
Oil Price The world’s top oil fund, United States Oil ETF (NYSEARCA: USO), booked on Tuesday its biggest daily outflows since December 2016 amid heightened volatility ahead of the OPEC+ meeting which was scheduled for the coming weekend but has since been delayed. USO saw daily withdrawals of nearly $225 million, according to estimates by Bloomberg. United States Oil ETF has been
Suncor Stock: Yielding Almost 5% and Extremely Cheap
November 22, 2023
2023-11-22 13:09:47 ET In the last few years, Suncor Energy Inc. ( TSX:SU ) has gon…
The dramatic downfall of ESG investing
November 22, 2023
Oil Price nvestors are withdrawing money from sustainable funds as the ESG enthusiasm of the past few years is waning amid high interest rates, poor returns, plunging renewable energy stocks, tightened SEC rules, and political backlash. Over the past year, investors have withdrawn a total of $14.2 billion from U.S. sustainable funds in four consecutive quarters of net withdrawals, data
Exclusive-OPEC hears bearish message on oil from top swap dealer’s presentation
November 22, 2023
Yahoo Finance LONDON – An OPEC technical panel invited a top financial market dealer to give a presentation this week which painted a bearish outlook for the oil market, according to materials from the presentation seen by Reuters. “Market sentiment had been fragmented for much of this year, but the evidence is that there has been a recent
Oil tumbles 4% as OPEC+ meeting delayed
November 22, 2023
Investing LONDON – Oil prices tanked 4% on Wednesday as OPEC+ producers unexpectedly delayed a meeting on output planned for Sunday, raising questions about the future course of crude production cuts. Brent crude futures was down $3.39, or 4.1%, to $79.06 a barrel by 1412 GMT. U.S. West Texas Intermediate (WTI) crude futures were down $3.26, or 4.2%, to $74.51. OPEC+
Stocks Soar as Yields Fall
November 22, 2023
Stocks rose Wednesday as yields fell to their lowest level in two months and traders tried to go …
U.S. crude oil inventories increase by 8.7 million barrels
November 22, 2023
Weekly Crude Oil Storage as of November 17, 2023 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 8.7 million barrels from the previous week. At 448.1 million barrels, U.S. crude oil inventories are about 1% below the five year average for this time of year, according to the EIA crude oil and
