LONDON – Oil prices fell on Wednesday after U.S. President Donald Trump dashed hopes for a fourth stimulus package to boost the coronavirus-hit economy, with prices also pressured by a larger than expected rise in U.S. crude inventories.
Brent …
Stocks get hammered Tuesday as President Trump announces via Twitter that he is calling off stimulus talks late in the trading session. The Dow Jones closed 375.88 points lower, or 1.3%, The S&P 500 ended the day down 1.4%. The
NEW YORK – Oil prices rose more than 3% on Tuesday, supported by U.S. supply disruptions caused by an approaching hurricane in the Gulf of Mexico and an oil worker strike in Norway.
Energy companies shut offshore oil platforms …
Trump gets discharged from Walter Reed Hospital and sends stocks flying with majors indices finishing at least 1.5% higher. US lawmakers also are expected to reach a stimulus agreements in the near future. House Speaker Nancy Pelosi and Treasury Secretary
The pace of mergers and acquisitions in the U.S. oil and gas sector during the third quarter tied with the first quarter for the worst in a decade, according to data released on Monday, as most shale producers remain …
LONDON – Oil prices rose on Monday after doctors said U.S. President Donald Trump could soon be discharged from the hospital where he is being treated for COVID-19, while six Norwegian offshore oil and gas fields were shut as …
First show of Q4 starts out wild on the back of President Trump testing positive for COVID-19, sending the markets into a frenzy to start the show. The crew from OAG360 cover everything that happened during the crazy energy market
Mixed bag in the markets today as major indices give traders different views of the market. Tech-heavy index Nasdaq trade 1.5% higher on news that a revised stimulus will include direct payments which had been a boon for the Nasdaq …
LONDON – Leading energy companies are hoping to sell dozens of oil and gas fields and refineries worth more than $110 billion to curb both their ballooning debt and their carbon footprints.
But with the outlook for oil and …
EIA
According to the U.S. Energy Information Administration’s (EIA) analysis of financial disclosures from 77 publicly traded U.S. crude oil producers, financial hedging activity in the second quarter (Q2) of 2020 increased year on year from the second quarter of …
All major indices up as optimism over a new stimulus package help prop up what has been a choppy September to say the least. The Dow Jones last traded up 260 points, or 0.9%, after rising 550 points at its
There could be upside in store for the market’s worst-performing sector.
S&P 500 energy stocks have underperformed the index’s 10 other sectors over a range of time frames including in Tuesday’s trading session, this week, this month, this year
LONDON – OPEC oil output has risen for a third month in September, a Reuters survey found, as a restart of some Libyan installations and higher Iranian exports offset strong adherence by other members to an OPEC-led supply cut …
COVID-19 concerns hit the east coast hard, driving markets to its first loss in 4 trading days. The Dow Jones Industrial Average traded 130 points lower, or 0.5%. The S&P 500 fell 0.4% while the Nasdaq Composite dived 0.1%. New
New week means new bullish trends as the markets rip higher today, off the back of improved stimulus talks. House Speak Pelosi is set to speak to Treasury Secretary Mnuchin today with talks ongoing today.
Oil and Gas News
Oil prices were slightly higher on Monday despite rising coronavirus cases that upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months after last week’s …
PACKED MONDAY on the The Oil and Gas Show 360 Digital Closing bell from the team at www.oilandgas360.com!
We learn early on that Michael is single because he can't "DYI" (which for those keeping track at home, its "DIY")
Despite all 3 major indices finishing up 1.2% or more, stocks still finish their 4 straight week of loses as the September swoon is in full effect. House Democrats are preparing a $2.4 trillion relief package that they could vote
HAPPY 50th birthday to the show as the team from OAG360 brings you everything that happened in the oil patch for this week.
Heavy international and oil major show (which Michael hates) as Shell shifts to less oil production (following
Dallas Fed
It has been considered self-evident until recently that oil prices drive inflation expectations, but new evidence calls into question this conclusion.
Conventional wisdom within macroeconomics is that U.S. inflation expectations respond to the level of the price of …
Thursday chop back in full force as Dow Jones swings from 300 pts up, 200 pts down (500 pt swing) finishing 40 pts below. The S&P 500 and Nasdaq Composite traded lower by 0.1% each. First-time claims for state unemployment
Daily Energy Market Summary: 360 DCB – 9/23/2020
September swoon in full effect as the market takes another nose dive, with the Dow Jones finishing 1.3% lower or 367 pts. S&P 500 was down over 1.5% with Nasdaq finishing
Equities markets finished positive after Fed Chair Powell reiterated his stance to support the US economy. These gains on the broad markets snap a 4 session losing streak. Oil and Gas News Today What happened to crude oil today? Prices
Huge market selloff to begin the week as the Dow Jones dropped 843 points, or 3.1%. The S&P 500 lost 2.5% while the Nasdaq Composite fell 1.6%. Stock fell on worse than expected COVID-19 optimism and uncertainty on any
Oil prices fell on Monday, weakened by the possible return of Libyan production and as rising coronavirus cases stoked worries about global demand, although the market drew support as a tropical storm threatened to disrupt output in the U.S. …
