Crude Oil Prices Ease as Investors Digest Fed Chair Remarks, ANZ Bank Says
Crude oil prices ended the previous session lower and saw some volatility as investors considered Federal Reserve Chair Jerome Powell's semiannual monetary policy report, which said the U.S. is "no
EOG Resources Gains From Derivative Contracts in Q2
Express News | EOG Resources Inc: For Q2 2024, EOG Received Net Cash of $79 Mln From Settlements of Financial Commodity Derivative Contracts
Express News | EOG Resources Inc: EOG Enters Into Financial Price Swap, Option, Swaption, Collar and Basis Swap Contracts
Supply Risk Drives Oil Market Upside – TDS
Oil market upside is driven by supply side risk. Meanwhile, the impact to oil supply from hurricane Beryl was less than expected, adding further downward pressure to the market, TDS Senior Commodity Strategist Ryan McKay notes.
GTJA Securities: Crude oil prices continue to trade in line with seasonal expectations.
Last week, crude oil prices continued to remain strong and broke through previous resistance levels. In terms of demand, according to the EIA report, the demand for refined products improved marginally month-on-month and crude oil inventory reduction was better than expected.
Crude Oil Declines on Monday, WTI Faces Familiar Technical Levels as Tropical Storm Fears Ease
Crude Oil Declines on Monday, WTI Faces Familiar Technical Levels as Tropical Storm Fears Ease
Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
Raymond James Adjusts Price Target on EOG Resources to $157 From $160, Maintains Strong Buy Rating
EOG Resources (EOG) has an average outperform rating and a price target range of $120 to $169, according to analysts polled by Capital IQ.Price: 124.99, Change: +0.05, Percent Change: +0.04
RBC Capital Maintains EOG Resources(EOG.US) With Hold Rating, Maintains Target Price $147
RBC Capital analyst Scott Hanold maintains $EOG Resources(EOG.US)$ with a hold rating, and maintains the target price at $147.According to TipRanks data, the analyst has a success rate of 66.7% and a
Express News | EOG Resources Inc : Raymond James Cuts Target Price to $157 From $160
EOG Resources (EOG) Receives a Hold From RBC Capital
Global commodity inventory is in a state of emergency: inventory days of available commodities outside of China experienced the largest month-on-month decline in 31 months.
JPMorgan said that the main reason for this decline was due to the decrease in crude oil and refined product inventories. The global available days of oil and refined products in June decreased sharply by 2.5 days, the largest monthly decline in four years.
Crude oil product analysis at noon: Brent crude oil futures prices fell, with limited impact from the storm.
Hurricane Beryl is expected to make landfall in Texas, but the projected path suggests it may not have a significant impact on the oil refining and export industry in the Corpus Christi area. Chevron has begun sending non-essential personnel back to offshore facilities.
The driving force behind oil prices? Tropical storms hit Texas and oil ports are closed.
Tropical storm 'Beryl' advances into Texas, and some of the largest oil export hubs in the United States are closed.
3 Dividend Stocks to Gain Despite Energy Market Volatility
U.S. Oil Growth Is Slowing. What's Next for Prices. -- Barrons.com
Growing U.S. oil production has played an enormous role in the energy market since the pandemic.
Midday Crude Oil Analysis: Brent Crude Oil futures prices have fallen, and hurricane intensity has weakened.
Hurricane Beryl has weakened to a Category 2 hurricane with maximum sustained winds of 110 miles per hour. The storm is expected to reach the Yucatan Peninsula in Mexico on July 5th, bringing heavy rain, hurricane force winds, and storm surges.
Facing Non-Farm Payrolls: the first heavy data of trade in the second half of the year!
Why does the Non-Farm Payroll data tonight once again affect the nerves of global financial markets and traders?
Market concerns are being triggered by the poor implementation of production cuts. OPEC+ urges member countries to make up for quota cheating.
In the effort to support the global oil market, OPEC+ is pushing member countries to make up for cheating on supply quotas. However, there is little indication that they are changing.