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Piper Sandler Maintains Marathon Oil(MRO.US) With Buy Rating, Maintains Target Price $34
Piper Sandler analyst Mark Lear maintains $Marathon Oil(MRO.US)$ with a buy rating, and maintains the target price at $34.According to TipRanks data, the analyst has a success rate of 57.8% and a tota
Crude oil product closed unexpectedly high due to price constraints caused by unexpected increase in US oil inventories and worries of supply interruptions in the Middle East.
On Thursday (June 27th), due to increasing geopolitical tensions in the Middle East and Europe, the market is concerned about a possible global crude oil supply disruption. Meanwhile, unexpected increases in crude oil and RBOB gasoline inventories in the US put upward pressure on prices, and crude oil futures rose at the close on Thursday.
While The Tech Sector Corrects, Energy Quietly Rises: 5 Stocks For Your Watch List
Over the past five days, the S&P 500 index dipped by 0.17%. The technology sector, represented by the SPDR Select Sector Fund – Technology (NYSE:XLK), declined by 2.23%.In stark contrast, the energy s
Crude Oil Prices Stabilize Even as U.S. Inventory Build Exceeds Expectations, ANZ Bank Says
Crude oil prices were little changed despite a stronger-than-expected build in U.S. crude oil inventories, ANZ Bank said in a Thursday note. U.S. crude stockpiles rose by 3.6 million barrels last week
M&A Wave Hints at Eagle Ford Revival
[Crude oil closing prices] The slight increase in oil prices is due to global supply risks outweighing the demand from the United States.
On Wednesday, June 26th, despite the unexpected increase in US gasoline supply, oil prices closed slightly higher as investors feared that the Middle East crisis could escalate, causing a shortage of crude oil product supply.