No Data
Crude Oil Declines on Monday, WTI Faces Familiar Technical Levels as Tropical Storm Fears Ease
Crude Oil Declines on Monday, WTI Faces Familiar Technical Levels as Tropical Storm Fears Ease
Petrobras Surprises With First Gasoline Price Hike in 11 Months
Sector Update: Energy Stocks Slipping Late Monday Afternoon
Energy stocks were lower late Monday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each shedding 0.8%.The Philadelphia Oil Service Sector index was adding 0
Sector Update: Energy
Energy stocks were lower late Monday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each shedding 0.8%.The Philadelphia Oil Service Sector index was adding 0
Market Chatter: Petrobras to Raise Gasoline Prices for Distributors by 7% Starting Tuesday
Petrobras (PBR) will increase gasoline prices by around 7% for distributors starting Tuesday, Reuters reported Monday, citing a company statement.Gasoline price will increase by 0.20 reais ($0.037) pe
Global commodity inventory is in a state of emergency: inventory days of available commodities outside of China experienced the largest month-on-month decline in 31 months.
JPMorgan said that the main reason for this decline was due to the decrease in crude oil and refined product inventories. The global available days of oil and refined products in June decreased sharply by 2.5 days, the largest monthly decline in four years.