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 Nasdaq dropped 1.6%. The Dow was up more than 200 points before the tweet was sent. Both the S&P 500 and the Nasdaq were also higher
Oil and Gas News Today
Crude oil prices spike on the heels of Hurricane Delta upgrade to a Cat 4. Prices were $40.11 around 2:33 PM MST. Around 30% of GOM production has been shut in with more expected along the way. Natural gas prices trade down 3.52% to $2.52 as traders attempt to price in the ever changing demand issues.
North American Shale News
- Tropical Storm Delta preparations beginv…
- CalcFrac drops another letter to shareholders
- Enverus Exclusive: M/A boosted by corporate mergers
International
- Norway shuts in amid O&G strike
- ESG regulations coming to US…
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Macquarie, Siemens units create U.S. distributed energy joint venture
U.S. oil refiners look to leapfrog Canadians in making renewable diesel
TC Energy to buy rest of TC PipeLines in $1.48 billion deal
Six Norway oil and gas fields shut as strike escalates
U.S. oil deals sluggish despite Chevron, Devon boost: Enverus
DOE Awards $1.95M for Conceptual Designs that Extract Critical Minerals and Rare Earth Elements from Coal Sources
Oil rebounds on Trump health update, Norway shutdowns
Corporate Mergers Boost 3Q20 Upstream M&A Value Even as the Pace of Deals Slows
Calfrac Well Services Ltd. – Open Letter to Stakeholders
Chevron Completes Acquisition of Noble Energy
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