US4642888444 - ETF
Shale producers in the U.S. plan to continue to hold back drilling despite rising oil prices, attributing their caution to President Biden's "war" on fossil fuel.
Crude oil experienced its best quarterly gain since start of Ukraine war, but analysts predict the rally won't last as high prices impact demand.
U.S. crude oil futures surge to new highs for the year on larger than expected drop in domestic inventories.
U.S. crude oil prices climbed to fresh three-month highs and posted their best monthly gains in a year and a half, supported by tightening global supply and rising demand.
Oil and gas stocks failed to maintain initial gains after Saudi Arabia pledged to cut oil production by an additional 1M bbl/day and OPEC+ agreed to extend their current production targets.
The oil industry is still in disarray, but there are opportunities for investors to profit.
Investors in iShares Trust - iShares US Oil Equipment & Services ETF (IEZ) saw new options begin trading this week, for the January 2021 expiration.. .
The International Energy Agency forecasts that global energy demand will fall 6% in 2020, seven times more than during the 2008 financial crisis and the biggest Y/Y percentage drop since WWII (in abso
The end to the oil price war has recently given a boost to Halliburton stock; but there will likely be further volatility ahead.
The Trump administration is considering paying U.S. oil producers to essentially stop producing, in a bid to help alleviate the oversupply in the market that has pushed crude prices to 18-year lows, B
Oilfield services and drilling companies working in North America hold ~$32B of debt due to mature in 2020-24, Moody's says in a new report.Speculative grade firms with high near-term refinancing need
The Energy Select SPDR ETF (NYSEARCA:XLE) -15.2% pre-market in the wake of a tumultuous weekend in which crude prices fell more than 20% amid a price war between Russia and Saudi Arabia.Among some not
Oil-services stocks are the most underpriced in the broader industry, according to an analysis by Morningstar.
Investors looking to score with unloved and overlooked assets have plenty of choices, from the oil patch to property, to companies in the developing world.
Crude oil futures (USO +1.2%) close higher, helped by a report that major oil producers will consider deeper production cuts when they meet in December; December WTI, the new front-month contract, set
Equities have snapped back from sharp early losses but not so much for crude oil (USO -1.1%), as WTI is on track for its eighth straight down day amid concerns about global economic growth, oil demand
Benchmark crude oil prices (USO -1.9%) settled at their lowest levels in nearly two months amid weak economic data that weighed on prospects for energy demand and a larger than expected increase in U.