The Most Overbought and Oversold Assets Around the World
Major victory in the USA oil industry! Trump chooses oil company executive as energy secretary, and plans to use the Energy Commission to drive production.
Trump announced another important personnel appointment.
Diversification Is the Key to Address Risk Challenges in the Upcoming Years – Analyst
Ovintiv Analyst Ratings
Dividend Roundup: Nike, Home Depot, Chevron, Target, and More
Buffett's latest hold positions have been made public! Continuing to reduce shareholding in apple and silver, and these two stocks have become new favorites.
From the latest operational trends, Berkshire has newly established positions in two stocks — domino's pizza and pool supplies distributor Pool.
The 'Trump trade' of the 2016 version completely reversed afterwards, what about this time?
After Trump's election victory, the US dollar, US stocks, and small cap stocks usually tend to strengthen. However, during Trump 1.0, from 2016 to 2020, the US dollar and small cap stocks performed poorly, failing to rise as expected, while the rise in US stocks was mostly attributable to the strength of technology stocks. Analysis suggests that the 'Trump trade' is not the same as 'Trump investment', it is more of a short-term market reaction rather than a long-term trend.
"How long can the Trump trade continue?"
Compared to other presidential candidates, the impact of Trump's victory is unique, but Wall Street should also be wary of the fading of this effect.
Viking Fund Management Sells Big Oil Stocks In Q3, Cuts Tesla Position In Half, Adds To Largest Position Broadcom
WTI Holds Steady Near $68.50, Renewed US Dollar Demand Might Cap Its Upside
Oil Heads for Weekly Drop as Glut Concerns and Dollar Take Toll
Berkshire's latest hold positions are revealed! In Q3, positions were established in domino's pizza and pool supplies distributor Pool, while almost all positions in ulta beauty were cleared.
Berkshire Hathaway added Domino's Pizza and swimming pool equipment distributor Pool in the third quarter. Both have some commonalities: so far this year, both have underperformed the overall market. Domino's Pizza's stock price is suppressed due to pressure on spending from low-income consumers; the demand for swimming pools is weak due to people being more cautious with discretionary spending, dragging down Pool's stock price.
Viking Fund Management 13F Shows Increased Stake In Broadcom From 16,510 To 162,100 Shares; Xcel Energy From 122,400 To 162,400 Shares; Chevron From 58,000 To 70,000 Shares; Starbucks From 87,000 To 105,000 Shares; Lam Research From 4,000 To 10,000...
Viking Fund Management 13F Shows Added Stake In EQT Corp With 50,000 Shares; Added Stake In NRG Energy Inc With 20,000 Shares; Added Stake In Weatherford International With 21,000 Shares; Added Stake In Kodiak Gas Services With 60,000 Shares; Added...
Expand Energy Goes Ex Dividend Tomorrow
Nymex Overview: Petroleum Futures Back Away From Early EIA-Inspired Gains -- OPIS
Ovintiv Shares Are Trading Higher After the Company Announced It Will Acquire Core Money Oil Assets for $2.377B.
IEA: Crude oil demand growth in 2024 may be halved, with a surplus of over one million barrels of crude oil expected every day next year.
In terms of demand, the IEA expects that this year, global oil consumption will increase by 0.92 million barrels per day, which is less than half of the growth rate in 2023. By 2025, demand will grow by 0.99 million barrels per day. However, the IEA predicts that supply growth will continue, with production from countries such as the usa, Brazil, Canada, and Guyana increasing by 1.5 million barrels per day this year and next.
Ovintiv Entered Into A Definitive Purchase Agreement To Acquire Certain Montney Assets From Paramount Resources In An All-cash Transaction Valued At Approximately $2.377B (C$3.325B).
IEA warns: the global oil market will face a daily surplus of over one million barrels next year.
The International Energy Agency (IEA) has stated that due to the energy transition, the demand for petrochina in China continues to be weak, leading to a global oil market surplus of over 1 million barrels per day next year, thereby cushioning the impact of turmoil in the Middle East and other regions on oil prices.