|Day's range||50.70 - 51.73|
Oil prices remained firm this week, supported by political and military developments in the Middle East, but a major bullish catalyst remains absent
Royal Dutch Shell's Nigeria subsidiary says it has lifted the force majeure imposed on Bonny Light crude oil exports a month ago. Company spokesman Joseph Obari says the force majeure was lifted Thursday. ...
On October 17, 2017, Anadarko Petroleum’s (APC) short interest as a percentage of float was ~2.21%. On January 3, 2017, it was ~2.24%.
At 7:20 AM EST on October 20, the WTI crude oil futures contracts for November 2017 delivery were trading at $50.81 per barrel—a fall of ~0.94%.
On the presumption that OPEC's oil-production restraint appears to be working, some exploration companies are well-positioned for upside, Wells Fargo analysts conclude. Analysts Roger D. Read and Lauren ...
Since the beginning of this year, Anadarko Petroleum (APC) stock has mostly been in a downtrend, along with most of the energy stocks.
December US crude oil (UCO) (USL) (OIL) futures contracts were trading flat at $52.26 per barrel in electronic exchange at 2:20 AM EST on October 19, 2017.
On October 18, natural gas November futures closed at $2.85 per MMBtu (million British thermal units)—3.6% below the last trading session's closing price.
Last week (ended October 13, 2017), the natural gas rig count fell by two to 185, but on a YoY (year-over-year) basis, the natural gas rig count rose 76.2%.
Anadarko Petroleum (APC) plans to release its 3Q17 earnings on October 31, 2017, after the markets close. Its 3Q17 revenue estimate stands at ~$2.4 billion.
In an interview with Bloomberg, Norway’s Energy Minister Soviknes said that he expects strong long-term demand for crude
The EIA estimates that crude oil inventories fell by 5.7 MMbbls to 456.4 MMbbls on October 6–13, 2017—the lowest levels since August 25, 2017.
The open season for Marathon Petroleum's (MPC) Capline Pipeline will gauge the interest of shippers in the reversal of the pipeline.
The correlation coefficient between Nabors Industries’ (NBR) stock price and crude oil prices from October 12, 2016, to October 12, 2017, was 0.63.
OPEC secretary-general Mohammad Barkindo on Thursday struck a remarkably upbeat tone on the outlook for the oil industry, saying the market is balancing at an “accelerated pace” and that demand will continue ...
Bitcoin prices have underwent the correction that we had been talking about in our forecasts over the last couple of days. The bitcoin prices had broken through the all time highs and then through the $5000 region and once that was completed, there was no stopping it as it teared away higher through to the … Continue reading Bitcoin and Ethereum Price Forecast – BTC Prices Correct and Then Bounce
Brexit negotiators’ failure to secure a trade deal with the European Union could cause the UK’s oil and gas trade costs to double
On October 17, 2017, US crude oil (USO) (OIIL) December 2018 futures traded $0.46 below the December 2017 futures.