Major indices fall flat as Treasury Secretary Mnuchin comments on passing stimulus before the election. Mnuchin said around midday that getting a deal done before the election would be difficult, adding that both sides were still far apart on certain issues. He also noted, however, that Democrats and Republicans are making progress in some areas.
The Dow Jones was down 148 points, or 0.5%. The S&P 500 traded 0.7% lower and the Nasdaq slid 1%
Oil and Gas News Today
What happened to crude oil prices today? Crude oil prices spike 2% after OPEC+ talks yield more taper production, but the questions remains will OPEC+ follow? Crude oil prices are currently trading around $41.02. Natural gas prices are down of after weather models show some cooler temps coming in, losing steam for a hotter than usual week. Natural gas prices currently trading 8% lower, down to $2.622. Around 30-40% of all US LNG production remains offline due to the fallout from Hurricane Delta
North American Shale News
- $COP in talks to buy $CXO
- $CDEV updates financial health
International
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Show Note Articles:
Stocks fall as Mnuchin talks stimulus latest
Microsoft in deal with Equinor for Norway CO2 storage project
OPEC+ to stick with plans to ease output cuts, says Russia’s Novak
IEA says refining throughput set for quarterly rise
Oil under pressure as coronavirus spike stokes demand concerns
Centennial Resource Development announces reaffirmation of borrowing base and improvement to liquidity position
Centennial Resource Development Announces Reaffirmation of Borrowing Base and Improvement to Liquidity Position
ConocoPhillips in talks to buy Permian producer Concho – OAG360 Rumor Mill
Saudi Arabia, Russia talk Opec+ ahead of JTC: Will compliance be the elephant in the room?
Don’t have an opinion, have a number with EnerCom Analytics
Stocks fall as Mnuchin talks stimulus latest
Microsoft in deal with Equinor for Norway CO2 storage project
OPEC+ to stick with plans to ease output cuts, says Russia’s Novak
IEA says refining throughput set for quarterly rise
Oil under pressure as coronavirus spike stokes demand concerns
Centennial Resource Development announces reaffirmation of borrowing base and improvement to liquidity position
Centennial Resource Development Announces Reaffirmation of Borrowing Base and Improvement to Liquidity Position
ConocoPhillips in talks to buy Permian producer Concho – OAG360 Rumor Mill
Saudi Arabia, Russia talk Opec+ ahead of JTC: Will compliance be the elephant in the room?
Don’t have an opinion, have a number with EnerCom Analytics
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