How the (UCO) price action is used to our Advantage
January 5, 2024
2024-01-05 17:16:00 ET Stock Traders Daily has produced this trading report using a proprie…
Exxon earnings to drop on California offshore exit, weaker prices
January 5, 2024
Yahoo Finance HOUSTON – Exxon Mobil Corp warned on Thursday it would write down about $2.5 billion of California assets in the fourth quarter, and said lower energy prices reduced operating profits. The snapshot by the largest U.S. oil producer showed operating results could drop to about $8.9 billion, down 30% from the $12.7 billion net profit a year earlier,
Angola quit OPEC to sustain oil production above 1MMbpd, top official states
January 5, 2024
World Oil (Bloomberg) – Angola quit OPEC because its quota limits hindered the country’s plans to stabilize crude production above 1 MMbpd, according to the country’s top oil official. The African nation’s December exit from OPEC came after the group imposed a much lower production limit. The tighter cap was too much for Angola, which is making efforts to boost
bp renews drilling logistical services contract with Danos for Gulf of Mexico assets
January 5, 2024
World Oil (WO) – Danos has secured a contract with bp to renew its comprehensive drilling logistical services for the integrated energy company’s Gulf of Mexico assets, building on a relationship that began in 2017. Leveraging the company’s 76 years of expertise, Danos will oversee the coordination of materials and personnel to and from multiple bp locations, ensuring streamlined and
3 Energy Stocks to Buy Hand Over Fist in January
January 5, 2024
2024-01-05 11:45:00 ET After a tough year for the most part in 2023, the broader Canadian m…
Iran withholds oil deliveries as it seeks higher prices from China
January 5, 2024
Oil Price Iran seeks higher prices for its crude going to its top customer, China, and has been withholding some supply, Reuters reported on Friday, citing trading and refinery sources. China has continued to buy cheaper crude from Iran even after the U.S. re-imposed sanctions on Iranian oil in 2018. But now Iran is reportedly seeking narrower discounts to Brent for its crude supply
U.S. rig count had a decrease of 1 this week, at 621
January 5, 2024
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 1 over last week, resulting in a total count of 621 rigs. Canada had a decrease of 39 over last week, resulting in a total Canadian count of 125 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Mississippian, and
Oil prices rise over $1 on Middle East tensions
January 5, 2024
Nasdaq LONDON – Oil prices gained on Friday, as U.S. Secretary of State Antony Blinken prepared to visit the Middle East to try and prevent the Israel-Gaza conflict from widening. Brent crude futures LCOc1 were up 44 cents, or 0.57%, to $78.03 a barrel, while U.S. West Texas Intermediate crude futures CLc1 rose 57 cents, or 0.79%, to $72.76 at 1032 GMT. At its
The 7 Hottest Penny Stocks to Watch in 2024
January 5, 2024
2024-01-05 09:46:05 ET InvestorPlace – Stock Market News, Stock Advice & Trading Tips…
OPEC December oil output rises before new cuts, Angola exit – Reuters survey
January 5, 2024
Nasdaq LONDON – OPEC oil output rose in December, a Reuters survey found on Friday, as increases in Iraq, Angola and Nigeria offset ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance in support of the market. The Organization of the Petroleum Exporting Countries pumped 27.88 million barrels per day (bpd) last month, up 70,000 bpd
Breaking Solar News – CBOE-Listed SinglePoint Inc. Provides Strategic Overview, Highlights Milestones Reached, and Expectations In 2024
January 5, 2024
2024-01-05 09:30:00 ET Phoenix, Arizona – January 5, 2024 (Investorideas.com Newswire) Sing…
Enterprise to Participate in Investor Conferences
January 5, 2024
Enterprise Products Partners L.P. (NYSE: EPD) announced today it will participate in meetings wit…
