|Day's Range||57.02 - 57.27|
* Palm falls to low of 2,465 rgt/T * Market down on rising stocks, weaker demand outlook - Trader * Palm may fall to 2,462 rgt/T - Technicals By Emily Chow KUALA LUMPUR, Dec 11 (Reuters) - Malaysian palm ...
Investing.com - Crude oil prices fell in Asia on Monday as the market took note of fresh additions to the US rig count last week and strong production in the United States.
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures fell for a fifth consecutive day on Friday evening, hitting ...
Strong output growth from some of the U.S. most prolific natural gas basins has propelled the U.S. to a pole-position in global gas markets
Iraqi Oil Minister Jabar al-Luaibi said on Sunday that a deal signed with Tehran to swap up to 60,000 barrels per day of crude produced from the northern Iraqi Kirkuk oilfield for Iranian oil is for one year and subject to renewal. The agreement signed on Friday by the two OPEC countries provides for Iran to deliver to Iraq's southern ports, on the Gulf, "oil of the same characteristics and in the same quantities" as those it would receive from Kirkuk. "This is an agreement for one year and then we will see after that whether to renew it," Luaibi told reporters in Kuwait City on the sidelines of an Arab oil ministerial meeting.
Kuwait's oil minister Essam al-Marzouq said on Sunday that OPEC and other oil producers will study before June the possibility of an exit strategy from the global oil supply-cut agreement. "There are still meetings every couple of months for the ministerial monitoring committee, and there will be a study formed for the possibility of an exit strategy... before June," he told reporters. The Organization of the Petroleum Exporting Countries and non-OPEC producers led by Russia have agreed to extend oil output cuts until the end of 2018 as they try to clear a global oil glut while signalling a possible early exit from the deal if the market overheats.
The US dollar rallied against the Canadian dollar, as we are looking to finally break out and test the 1.30 levels above.
Investing.com - The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending December 5 on Friday.
Whiting Petroleum’s (WLL) net-debt-to-adjusted EBITDA multiple rose steadily until 2Q16. But after a peak in 2Q16, its EBITDA multiple started falling.
Whiting Petroleum’s (WLL) earnings have improved overall since last year. The company’s 3Q17 earnings were higher YoY as well as on a sequential basis.
U.S. crude oil imports into China hit an all-time high in November, hitting 289,000 barrels a day, according to ClipperData.
Whiting Petroleum (WLL) stock has fallen ~52% YTD. In this series, we'll be looking at various factors that could have affected WLL’s stock fall.
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives BP Plc a score of 69. Our analysis is based on comparing BP Plc with the following peers – PRD Energy Inc., PetroShare Corp., Petro Rio SA and Petroteq Energy Inc (PREGF-US, PRHR-US, PRIO3-BR and PQE-CA). Investment Outlook BP Plc has a fundamental score of 69 and ... Read more (Read more...)
Categories: Europe Value Analsysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Lundin Petroleum AB a score of 41. Our analysis is based on comparing Lundin Petroleum AB with the following peers – Prospex Oil and Gas Plc, QEP Resources, Inc., Questerre Energy Corporation Class A and Royal Dutch Shell Plc Class A (PXOG-GB, Q8Q-DE, QEC-NO and R6C-DE). Investment ... Read more (Read more...)
Baker Hughes will publish its US natural gas rig count report on December 8, 2017. Gas rigs rose by four to 180 on November 22–December 1, 2017.
When Nostra Terra Oil and Gas Company plc (AIM:NTOG) released its most recent earnings update (30 June 2017), I wanted to understand how these figures stacked up against its pastRead More...
The EIA estimated that US natural gas inventories rose by 2 Bcf (billion cubic feet) to 3,695 Bcf on November 24–December 1, 2017.
US dry natural gas production fell by 0.5 Bcf per day or 0.7% to 76.2 Bcf per day on November 30–December 6, 2017, according to PointLogic.
January natural gas (UNG) (UGAZ) futures contracts rose 0.8% to $2.78 per MMBtu (million British thermal units) at 1:08 AM EST on December 8, 2017.
An unexpected increase in US natural gas inventories during the withdrawal season pressured natural gas (FCG) (GASL) prices on December 7, 2017.
January US natural gas futures (GASL) contracts were below their 20-day, 50-day, and 100-day moving averages on December 7, 2017.
TORONTO (Reuters) - Canada's main stock index rose to a two-week high on Friday, led by financial and industrial shares after solid U.S. jobs data boosted investor sentiment, while energy stocks climbed on higher oil prices. * The Toronto Stock Exchange's S&P/TSX composite index closed up 80.39 points, or 0.5 percent, at 16,096.07, its highest close since Nov. 24. For the week, the TSX rose 0.4 percent. * Industrials advanced 1 percent, helped by gains for the country's two main railway companies, while the heavyweight financials group added 0.5 percent. ...