Oil & Gas Integrated
- 1605.536
- +4.646+0.29%
Close Jul 18 16:00 ET
1619.835High1600.843Low
1606.108Open1600.890Pre Close69.27MVolume7Rise9.43P/E (Static)3.97BTurnover--Flatline0.26%Turnover Ratio1.79TMarket Cap12Fall1.54TFloat Cap
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You can't make this up:
Here's a chart of oil prices with every OPEC-related production cut this year.
Back in late-2022, the US announced they wanted to refill the Strategic Petroleum Reserve (SPR) when oil prices hit the $67 to $72 area.
Every single time oil prices have fallen to $67-$72, OPEC has taken action this year.
Last week, Russia and Saudi Arabia agreed to cut 1.5 million barrels per day of production in August.
This came as crude oil prices hit $67.00 to the TICK and now oil prices ...
Here's a chart of oil prices with every OPEC-related production cut this year.
Back in late-2022, the US announced they wanted to refill the Strategic Petroleum Reserve (SPR) when oil prices hit the $67 to $72 area.
Every single time oil prices have fallen to $67-$72, OPEC has taken action this year.
Last week, Russia and Saudi Arabia agreed to cut 1.5 million barrels per day of production in August.
This came as crude oil prices hit $67.00 to the TICK and now oil prices ...
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The top 10 holdings of Warren Buffett's Berkshire Hathaway in the fourth quarter of 2022 were $Apple(AAPL.US$, $Bank of America(BAC.US$, $Chevron(CVX.US$, $Coca-Cola(KO.US$, $American Express(AXP.US$, $The Kraft Heinz(KHC.US$, $Occidental Petroleum(OXY.US$, $Moody's(MCO.US$， $Activision Blizzard(ATVI.US$ and $HP Inc(HPQ.US$。
Among them, Occidental Petroleum rose 119% last year, the best-performing st...
Among them, Occidental Petroleum rose 119% last year, the best-performing st...
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Hotspots![]()
Oil, bolstered by a broad-based market rally, rose for a second day as US crude and gasoline stockpiles showed signs of continuing decline ahead of the summer driving season.
$Crude Oil Futures(SEP4)(CLmain.US$
Crude oil prices still remain high at present, with $Brent Last Day Financial Futures(SEP4)(BZmain.US$ above $110 a barrel for quite some time.“The realization is settin...
Oil, bolstered by a broad-based market rally, rose for a second day as US crude and gasoline stockpiles showed signs of continuing decline ahead of the summer driving season.
$Crude Oil Futures(SEP4)(CLmain.US$
Crude oil prices still remain high at present, with $Brent Last Day Financial Futures(SEP4)(BZmain.US$ above $110 a barrel for quite some time.“The realization is settin...
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Natural gas prices jumped in the past few weeks, and investors are betting the surge will last for a while.
The front-month natural gas futures pricing spiked to US$7.5/Mmbtu on Monday, while it was traded just above US$7.0/Mmbtu on last Thursday.
U.S. natural gas prices surged to the highest intraday level in over 13 years as robust demand tests U.S. drillers' ability to expand supplies.
--- According to Bloombe...
The front-month natural gas futures pricing spiked to US$7.5/Mmbtu on Monday, while it was traded just above US$7.0/Mmbtu on last Thursday.
U.S. natural gas prices surged to the highest intraday level in over 13 years as robust demand tests U.S. drillers' ability to expand supplies.
--- According to Bloombe...
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straightforward Jack : Good time to start digging deep into alternative energy sources. Better for the economy and the environment. Win-win.
72736523 : The market is quite stable now, and it may fall later