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Crude oil and natural gas surged. Analysts say the high temperatures have boosted demand for energy commodities such as natural gas. Russian gas exports are down + demand is up + inventories are at historic lows and gas prices will remain high in the near term.
$S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $ProShares UltraShort Bloomberg Crude Oil ETF (SCO.US)$ $Camber Energy (CEI.US)$ $Imperial Petroleum (IMPP.US)$ $Occidental Petroleum (OXY.US)$ $Indonesia Energy (INDO.US)$ $Exxon Mobil (XOM.US)$
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Energy equities are experiencing strong selling pressure as crude prices drop![]()
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The oil market is currently going through one of the most turbulent periods since the infamous March 2020 collapse, as investors continue to grapple with recessionary fears. Oil prices have continued sliding in the wake of the central bank deciding to hike the interest rate by a record-high 75 basis points, with WTI futures for July settlement were quoted at $104.48/ba...
The oil market is currently going through one of the most turbulent periods since the infamous March 2020 collapse, as investors continue to grapple with recessionary fears. Oil prices have continued sliding in the wake of the central bank deciding to hike the interest rate by a record-high 75 basis points, with WTI futures for July settlement were quoted at $104.48/ba...
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$Moderna (MRNA.US)$ Moomoo app made me happy for no reason. I'm pretty sure I didn't bought it at 41 bucks
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