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
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
Energy Storage
Oil & Gas Publishers Note: This should be looked at as a good thing for the environment if Elon Musk can help control the entire manufacturing process of batteries and storage. The scientific advancements that they could potential …
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
Reuters
Oil & Gas 360 Publishers Note: With ENI, BP and Shell migrating away from fossil fuels and on to renewables, the question is now being asked: “What will happen to the consumers on all products made with fossil fuels? …
Friday chop led to all major indices on the equities market to slump leading into the weekend. he Dow Jones slid 370 points, or more than 1%. The S&P 500 dropped 1.7% and the Nasdaq fell 2.2%.
Crude oil
Volatile day for the overall equities markets today as major indices each fall over 1% with renewed stress on tech stocks, NASDQ down over 1.75%. Conflicting COVID-19 vaccine news amid stalled stimulus 2.0 also weighed on investors today. First-time claims
Another Monday, Another 360 Digital Closing Bell Week Ahead Podcast!
Name of the game today: International News Desk
As always Michael then
Daily Energy Market Summary: 360 DCB – 9/14/2020
New week brings new optimism in the stock market as equities market as each major indices finishes green, with NASDAQ finishing up 1.75% off the back of TikTok (yes, TikTok) US
Two private equity-backed blank-check companies filed for an IPO this week, the latest in a streak raised by the asset class.
Technology-focused Vector Capital’s Vector Acquisition Corp. filed for an IPO of as much as $300 million, with upstream, …
Daily Energy Market Summary: 360 DCB – 9/11/2020
HOT OF THE PRESSES – Friday chop to the major indices, as stocks swing between gains early in the session, with momentum fizzling out and finishing both S/P 500 and Nasdaq
Another Friday, another weekly lookback podcast with the gang at OAG360 (WORLDS GREATEST WEBSITE) covering everything that happen this week in energy.
- Oil prices TANK
- COGCC enacts 2,000 ft setback rule
- Saudi slashes OSP
- BP gets
Daily Energy Market Summary: 360 DCB – 9/10/2020
HOT OFF THE PRESSES: Choppy trading day as all major indices finish red after starting the trading session in the green. S/P closes down -1.5%, $NQ down -1.73%, while the
Offshore Energy
If Turkey develops the giant Tuna-1 (Danube-1) gas discovery, it could potentially save the country up to $21 billion in import costs, Rystad Energy estimates.
Oil & Gas 360 Publishers Note Key takeaway: “The prospect of a new …
Bloomberg
Oil & Gas 360 Publishers Note: We have been covering this Mediterranean power struggle over the fossil fuels by countries in their efforts to achieve energy independence. Turkey has made significant investments, and discoveries, in the Mediterranean and Black …
HOT OFF THE PRESSES: Markets rebound is HUGE, recovering about 25% of the losses inflicted over the past 3 trading sessions. S&P 500 jumps 2.5%, while Dow Jones and Nasdaq finish up 2.4% and 2.8% respectively. Selling seems to be
Oil & Gas
Oil & Gas 360 Publishers Note: The financial world started using MiFD II as a standard of regulation in the EU, and ESG also has standards being built for corporate measurements. It would stand to reason that …
Daily Energy Market Summary: 360 DCB – 9/8/2020
HOT OFF THE PRESSES: Long Labor Day weekend does not to much to stave off another market selloff, with Nasdaq down over 450 pts, plummeting over 10% the last
HAPPY LABOR DAY TUESDAY from the team at Oil and Gas 360!! We have a great show, starting with crude at $37 and what that means from RBL re determination season, along with the ongoing blackouts in CA.
Then Michael
Rystad Energy
It’s been a long and costly two decades of carbon capture and storage (CCS) studies and test centers. Now Europe has reached a stage where big-scale developments make financial sense and could trigger up to $35 billion in …
Oil & Gas 360 Publishers Note: Joshua Kransna, Tel Aviv Notes, writes an outstanding summary of the regional implications of Chevron’s purchase of Noble Energy for Israel, Egypt, and Jordan. We have been covering this story as it has …
RoyalDuch Shell
Oil & Gas 360 Publishers Note: Very interesting opinion piece around the oil based manufacturing of plastics. While the major oil companies are investing in renewable energy, it seems that they are not forgetting the core demand for …
Rystad
The recovery of fracking operations in the US is happening largely thanks to an unusually high inventory of drilled but uncompleted wells (DUCs), which is strong enough to sustain the current level of fracking without the industry adding more …
Daily Energy Market Summary: 360 DCB – 9/4/2020 Day 2 of the tech sellout (welcome to September selling) as both $TSLA and $AAPL drop big leading to NQ trading down at one point almost 450 pts before rebounding toward
BRUTAL day for the equities markets as majors index’s fall over 3.5% as large institutions begin a tech sellout amid what some are calling the top of the latest bull run. Jobless claims shed some hope as 881,000 first
Wild Wednesday for the 360 Digital Closing Bell! Oil has a rough day despite positive DOE inventory levels.
Stocks drew 9.4 mm/bbl for the week along with oil production down to 9.7 mm/bbl/day coming off shut ins due to
Weekly Energy Tracker Call (09/01/20): The Oil & Gas Conference Edition
Haynes and Boone, AEGIS and EnerCom welcome you to a weekly series of webex meetings to discuss business and legal issues erupting in the …
