The oil investors at Tortoise Capital Advisors noted in their latest podcast that everything in our world is unpredictable, from the Chicago Cubs and the Cleveland Indians heading to baseball's World Series this week to any number of political developments on the world stage. The iShares MSCI Emerging Markets exchange-traded fund (EEM) rose 0.4% Monday, and The United States Oil Fund (USO) was down 0.2% along with the price of oil. Here's Brian Kessens, a portfolio manager at Tortoise, with a summary of the latest energy news, starting with domestic data and moving to international observations: "Last week delivered another hefty draw from crude oil, at 5.2 million barrels ... against an expectation of a 2 million barrel build.
- The Wall Street Journal•yesterday
Brazilian state oil company Petroleo Brasileiro and French oil giant Total said Monday they will create a strategic alliance to evaluate and explore energy sector projects.
TOTAL S.A. (TOT)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||47.41 x 1000|
|Ask||48.40 x 500|
|Day's Range||48.13 - 48.67|
|52wk Range||39.05 - 51.30|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||38.10|
|Avg Vol (3m)||1,638,218|
|Dividend & Yield||2.73 (5.66%)|