International crude oil prices remained basically unchanged on Thursday.
On the morning of the 19th of Beijing time, international crude oil futures prices were basically stable on Thursday. The market is evaluating the impact of the continuous decline in US crude oil inventories and the outlook for US energy demand on future oil prices. The August WTI crude oil futures contract delivered by the New York Mercantile Exchange fell by $0.03, or 0.04%, to settle at $82.82 per barrel. The September Brent crude oil futures contract delivered by the European Intercontinental Exchange rose by $0.03, or 0.04%, to settle at $85.11 per barrel. Bart, the director of commodities strategy at TD Securities.
On Wednesday, crude oil in the USA increased by 2.5%.
On the morning of the 18th Beijing time, US WTI crude oil futures rose 2.5% on Wednesday. The sharp drop in US crude oil inventories and the weakening of the US dollar boosted oil prices. The futures price of West Texas Intermediate (WTI) crude oil delivered in August on the New York Mercantile Exchange rose by $2.09, or more than 2.52%, to $82.85 per barrel, the highest closing price since June 17. On Wednesday, the US Energy Information Administration (EIA) reported that US crude oil inventories for the week ending July 12 decreased by 4.9 million barrels, far higher than the analyst average expected decrease of 0.3 million barrels. Prior to this, the unofficial American Petroleum Institute
Crude oil prices on Wednesday in the USA rose sharply, breaking through $82 per barrel.
On the morning of the 11th of Peking Time, the American WTI crude oil closed higher on Wednesday. The decrease in US crude oil inventories and the Organization of the Petroleum Exporting Countries(OPEC)'s forecast for strong economic growth this year supported oil prices. The West Texas Intermediate(WTI) crude oil futures for August delivery on the New York Mercantile Exchange rose 69 cents, or 0.85%, to settle at $82.10 a barrel. The Brent crude oil futures for September delivery on the Intercontinental Exchange in Europe rose 42 cents, or 0.5%, to settle at $85.08 a barrel. The Energy Information Administration(EIA) of the United States
U.S. Energy to Sell South Texas Assets for $6.5M in Cash
Enagas, the Spanish company, has sold assets in the USA to finance their green hydrogen plan.
Enagas, the Spanish natural gas and electricity grid operator, stated on Wednesday that it has agreed to sell its 30.2% stake in Tallgrass Energy, a US energy infrastructure company, to fund a green hydrogen energy project. In a statement, Enagas said that Blackstone BX.N, the US investment firm that currently holds Tallgrass shares, will pay $1.1 billion for the stake. Enagas expects the transaction to bring in capital gains of 0.36 billion euros ($0.38938 billion), with completion expected by the end of this month.
Express News | U.S. Energy Shares Are Trading Higher After the Company Announced That It Executed Definitive Documents for the Sale of Its Assets Located in South Texas for $6.5 Million
Express News | US Energy-Due to Effects From Hurricane Beryl on Co's Headquarters,Employee Base,Investor Call to Discuss Co's Transaction,Been Rescheduled for July17
U.S. Energy Corp. Reschedules Investor Call to July 17 at 10:00 A.m. ET Due to Hurricane
U.S. Energy Corp. Reschedules Investor Call to July 17 at 10:00 A.m. ET Due to
Express News | US Energy Corp - U.S. Energy to Sell South Texas Assets for $6.5 Million
U.S. Energy Corp. Expects Proceeds of About $6.5M
U.S. Energy Corp. Expects Proceeds of About $6.5
Express News | U.S. Energy Corp. Announces Entry Into Binding Agreement for Asset Sale for South Texas Properties
Hurricane Beryl has become the focus of the oil market and could lead to a reduction in US energy supply.
After four consecutive weeks of rise, oil prices fell on Monday due to the prospect of a ceasefire agreement in Gaza easing tensions in the Middle East. At the same time, investors evaluated the potential damage hurricane Beryl may cause to US energy supplies. On Saturday, Citgo Petroleum Corp cut production at its Corpus Christi, Texas refinery by 165,000 barrels per day before Hurricane Beryl approached the Texas coast. Ports in Corpus Christi, Houston, Galveston, Freeport, and Texas City were closed on Sunday in preparation for the hurricane Ber.
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Tuesday Ahead of Powell Speech
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.5% and the actively traded Invesco QQQ Trust (QQQ) was 0.6% lower in Tuesday's premarket activity, as investors await Fede
U.S. Energy Closes Deal With Wavetech, Signs LOI With Synergy for Land in Montana
U.S. Energy (USEG) said Monday it closed the acquisition of operated acreage for helium production in the Kevin Dome structure in Toole County, Montana, from Wavetech Helium.
U.S. Energy in Deal to Buy Wavetech Helium Assets in Montana's Kevin Dome
By Sabela Ojea U.S. Energy said it has acquired the Wavetech Helium assets, targeting helium production across Montana's Kevin Dome structure. The energy company on Monday said that the acquisition
Express News | U.S. Energy Corp. Shares Are Trading Higher After the Company Closed a Transaction With Wavetech Helium for the Acquisition of Operated Acreage Targeting Helium Production Assets Across the Kevin Dome Structure
Express News | U.S. Energy Corp. Closes Transaction With Wavetech Helium For Acquisition Of Operated Acreage Targeting Helium Production Assets Across Kevin Dome Structure
U.S. Energy Corp. Announces Transformative Acquisition Targeting Helium Production
U.S. Energy Corporation (NASDAQ: USEG)today announced that the Company has closed a transaction with Wavetech Helium Inc for the acquisition of operated acreage targeting helium production across the Kevin Dome structure in Toole County, Montana.
On June 26, the top 20 trading volumes of US stocks: Amazon reached a new high, with a market cap exceeding $2 trillion for the first time.
Nvidia, the top trading stock of Wednesday's US market, rose 0.25% with a turnover of $44.494 billion. On Wednesday, June 26, Nvidia's shareholder meeting lasted only about 30 minutes. According to the established schedule, shareholders voted to approve all 12 nominated directors of Nvidia, including CEO Huang Renxun's compensation plan for executives and agreed that PwC will continue to serve as Nvidia's independent registered accounting firm for the fiscal year 2025. Under the compensation plan, Huang Renxun will receive a compensation of about $34 million for fiscal year 2024, which is higher than that of 2023.
Crude oil product WTI in the USA rose 0.1% on Wednesday, with US crude oil inventories unexpectedly climbing last week.
On the early morning of the 27th of Beijing time, WTI crude oil in the United States rose slightly on Wednesday. While many traders believed that inventory data would inject new vitality into the rise of oil prices, the actual increase in crude oil and gasoline inventories restricted the extent of the rise in oil prices. The August futures price for West Texas Intermediate (WTI) crude oil, delivered on the New York Mercantile Exchange, rose $0.07, or about 0.1%, to close at $80.90 a barrel. Data released on Wednesday by the US Energy Information Administration (EIA) showed that crude oil inventories in the US increased by 3.6 million barrels last week, while analysts had expected inventories to decrease by 2.9 million barrels. However, crude oil inventory supplies increased last week.
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