US debt crisis and demand concerns in China weigh on oil prices in early trading:…
Oil prices eased during Monday morning’s Asian trade as concerns over demand in the top oil consuming countries, the US and China, offset positive factors such as a reduction in oil inventories OPEC+ production cuts. West Texas Middle School Futures due June are trading 0.46% lower at $69.72 a barrel at the time of writing. […]
What’s Driving Gold and Oil Prices High Today? – United States Brent…
Gold prices rose on Monday as the dollar edged lower and investors braced for Tuesday’s release of consumer price inflation data, which will pave the way for the Those of the Federal Reserve future monetary policy. What happened: Spot gold traded 0.36% higher near the $2,023 an ounce level during Monday morning’s Asian trading session, […]
Oil Prices up over 5% in Asian trading – Invesco S&P SmallCap Energy…
Oil prices rose Monday morning in Asian trade after the Organization of Petroleum Exporting Countries and its Allies known as OPEC+trimmed Oil production up 1.16 million barrels per day from May in a surprise move. What happened: Saudi Arabia will voluntarily cut production by 500,000 bpd from May to the end of 2023. The voluntary […]
Pulse Oil Corp. announces change in management team
VANCOUVER, British Columbia, March 24, 2023 (GLOBE NEWSWIRE) — VANCOUVER, British Columbia, March 24, 2023 — Pulse Oil Corp. (“Pulse” or the “Company”) PUL announced today that Drew Cadenhead is stepping down as President of the company while continuing to serve as a valued member of Pulse’s Board of Directors. Pulse CEO Garth Johnson commented, […]
Crude Oil down 1%; US Composite PMI jumps in March – Torrid Holdings…
US stocks traded lower in mid-trade, with the Dow Jones down around 80 points on Friday. The Dow fell 0.26% to 32,021.81, while the NASDAQ fell 0.41% to 11,739.58. The S&P 500 was also down 0.23% to 3,939.65. Look at that: Top 5 tech stocks that could fall off a cliff this quarter Leading and […]
Big profits from Exxon, Chevron & Co. Getting fatter? Oil ‘Big Winner’…
Oil rallied in the first half of 2022, peaking on June 14 at $123.68 Commodity reduced its profit in the second half, but ended the year up around 7% in contrast to the losses suffered by most other asset classes. The commodity’s gain supported the bottom line of oil companies such as ExxonMobil Corp. XOM, […]
Billionaires, Big Oil, Crypto in Biden’s Budget Tax Crosshairs: Report
president Joe BidenBudget proposal from is due to be released on Thursday and reportedly calls for a minimum tax of 25% for billionaires. The plan would also nearly double the capital gains tax rate on investments from 20% to 39.6% and increase income taxes on corporations and wealthy Americans, Bloomberg said reportedwith reference to a […]
Fish Oil Market 2023 Demand, Global Trends, Analysis and Forecast by…
PUNE, India, February 20, 2023 (GLOBE NEWSWIRE) — According to a report by Fortune Business Insights™with the title “Fish Oil Market Size, share and global trend by species (tuna, cod liver, salmon, anchovy, menhaden, others), by application (aquaculture feeds, animal feeds, functional foods, dietary supplements, pharmaceuticals, others) and geographic forecast to 2030“The abundant availability of […]
Here’s how much Marjorie Taylor Greene may have made buying oil and…
Several members of Congress made stock trades affecting oil stocks and defense stocks days before Russia invaded Ukraine and sparked an international conflict that was one of the major storylines of 2022. Here’s a look at how much a member of Congress might have made from the timed trades in question. What happened: congressman Marjorie […]
Falcon Oil & Gas Ltd. – Started drilling Amungee NW-2H …
Falcon Oil & Gas Ltd.(“Falcon” or “company”) begin the Amungee NW-2H So stimulation program February 16, 2023 – Falcon Oil & Gas Ltd. FOFOG)) is pleased to announce the start of the well stimulation program at the Amungee NW-2H (“A2H“) So. The A2H hole was drilled to a total depth (TD) of 3,883 meters including […]