Markets moved slightly upwards after Larry Kudlow reports a revised package has been agreed upon by President Trump. Dow Jones traded over .75% higher, while tech heavy Nasdaq outgained all, up over 1.2% as $1,200 stimulus check outlook is bullish for FAANG.
Oil and Gas News Today
NORWAY OIL STRIKE CALLED OF, restoring what was set to be a 966,000 bbl taken from the market. Crude oil prices are trading at $40.62 as of 1:32 PM EST. Natural gas prices spike in the front month as Hurricane Delta expected to take off some LNG factilties, with prices around $2.771.
North American Shale News
- Hurricane Delta update..
- RIG COUNT: +4
- EOG in a fight with mineral owners
International
- Norway strike ends
Email the show: mtanner@enercominc.com
New Desk: https://www.oilandgas360.com/eenfp/newsdesk/
Show Note Articles:
Don’t have an opinion, have a number with EnerCom Analytics
Haynes and Boone: Monthly Energy Tracker Call
Lloyd Blankfein sees `bubble elements’ in markets thanks to ‘free’ money
Column: Shrinking U.S. oil stocks point to market rebalancing – Kemp
OPEC cuts long-term forecast for oil demand growth, sees ‘continued disparity’ in climate policy
Hurricane Delta steams across Gulf of Mexico, halting 80% of oil output
Keeping it clean: U.S. ethanol producers invest in sanitizer for long haul
U.S. domination in energy should not change post-election, top energy guru predicts
NextEra’s green energy focus makes it more valuable than Exxon or Chevron
Strike could cut a quarter of Norway’s oil and gas output next week
Don’t have an opinion, have a number with EnerCom Analytics
Haynes and Boone: Monthly Energy Tracker Call
Lloyd Blankfein sees `bubble elements’ in markets thanks to ‘free’ money
Column: Shrinking U.S. oil stocks point to market rebalancing – Kemp
OPEC cuts long-term forecast for oil demand growth, sees ‘continued disparity’ in climate policy
Hurricane Delta steams across Gulf of Mexico, halting 80% of oil output
Keeping it clean: U.S. ethanol producers invest in sanitizer for long haul
U.S. domination in energy should not change post-election, top energy guru predicts
NextEra’s green energy focus makes it more valuable than Exxon or Chevron
Strike could cut a quarter of Norway’s oil and gas output next week
Automatic Transcription* Updating....
