Murphy Oil Analyst Ratings
Amazingly similar? Henry Hub natural gas prices in Europe hit a new high since December last year. Will American LNG ships be able to make easy profits again?
Concerns over Russia's supply cut have pushed up natural gas prices in Europe. With the large storage demand driving it, Europe may increase imports of natural gas from the USA, wherein natural gas suppliers are expected to make huge profits. It is reported that, during the European energy crisis two years ago, each LNG ship sailing to Europe could earn over $0.1 billion profit.
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USA refinery producers are slowing down production, exacerbating concerns about global crude oil oversupply.
Some top oil refiners in the USA are reducing their operation of refining facilities this quarter, which is exacerbating concerns about the global oversupply of crude oil products.
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Ovintiv Analyst Ratings
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Many environmental factors have changed, leading to potential differences in the crude oil industry in Trump's next term compared to the previous one.
Poor economy drags down the market and soaring risk aversion pressures oil prices to plummet.
This week (8.1-8.7), crude oil product overall showed a trend of falling first and then rising. The average price of WTI this week was $74.24 per barrel, a decrease of $2.54 per barrel or -3.31% from the previous week.
Shares of Oil and Gas Companies Are Trading Higher Amid a Rebound in the Price of Oil.
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Occidental Petroleum Analyst Ratings
What's Going On With Occidental Petroleum Corporation Shares Thursday?
Stuck In Neutral: Occidental Petroleum Beat EPS Consensus But Faces Slowing Business, Analyst Says