|Day's Range||101.69 - 104.36|
Investing.com - Crude oil prices gained in Asia on Tuesday as the market looked ahead to industry estimates on U.S. inventories.
A U.S. law firm has filed a class action suit against mining giant Rio Tinto (RIO.AX) (RIO.L), which is facing U.S. Securities and Exchange Commission (SEC) fraud charges stemming from an ill-fated investment in Mozambique coal mining. Seattle-based Hagens Berman Sobol Shapiro LLP said in a statement released in Australia on Tuesday it filed the suit on behalf of purchasers of Rio Tinto American Depositary Receipts (ADRs) between Oct. 23, 2012 and Feb. 15, 2013 in the U.S. District Court for the Southern District of New York. Hagens Berman did not specify the purchasers, nor disclose financial details of the suit.
A U.S. law firm has filed a class action suit against mining giant Rio Tinto, which is facing U.S. Securities and Exchange Commission (SEC) fraud charges stemming from an ill-fated investment in Mozambique coal mining. Seattle-based Hagens Berman Sobol Shapiro LLP said in a statement released in Australia on Tuesday it filed the suit on behalf of purchasers of Rio Tinto American Depositary Receipts (ADRs) between Oct. 23, 2012 and Feb. 15, 2013 in the U.S. District Court for the Southern District of New York. Hagens Berman did not specify the purchasers, nor disclose financial details of the suit.
U.S. industries that rarely agree - gas drillers and renewable energy producers - urged a federal agency on Monday to dump a government directive to prop up ageing nuclear and coal plants, saying the electricity grid was already reliable. The split in the energy industry showed that a Trump administration push to make the country energy "dominant" by boosting output from every part of the sector may face hurdles. A group of 20 organizations including the Independent Petroleum Association of America and the Solar Energy Industries Association submitted comments to the Federal Energy Regulatory Commission as it considered a regulation proposed late last month by U.S. Secretary of Energy Rick Perry.
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures climbed 1.7 percent on Monday, tracking gains in soybean ...
Geopolitical tension is largely irrelevant since the collapse of oil prices in 2014, but these five nations remain in the back of oil traders’ minds
Many analysts and industry experts consider peak demand to be a serious issue for the oil industry, but Norway appears to be unfazed by the claims
Investing.com – Crude oil prices settled higher on Monday as signs of tightening in U.S. drilling activity lifted sentiment while ongoing political tensions in the Iraq continued to disrupt crude supplies.
TORONTO (Reuters) - Canada's main stock index ended little changed on Monday, as a plunge in Eldorado Gold Corp and losses for energy stocks offset gains in the financial and mining sectors. Eldorado dropped 27.8 percent to C$1.97 after lowering production guidance for a gold mine in Turkey. [nCNWqjyRna] With Brent crude oil prices slipping, shares of energy companies declined. Canadian Natural Resources Ltd gave back 1.3 percent to C$41.14. The Toronto Stock Exchange's S&P/TSX composite index closed down 1.46 points, or 0.01 percent, to 15,855.76. Seven of its 10 main sectors were positive. ...
Canada's main stock index ended little changed on Monday, as a plunge in Eldorado Gold Corp and losses for energy stocks offset gains in the financial and mining sectors. Eldorado dropped 27.8 percent ...
Tuesday brings the latest PMIs from around the world, so let’s take a quick look. The preliminary October PMIs from several Euro Zone countries are up first thing in the morning, starting with the French indices at 7. German PMIs follow half an hour later, and data for the entire currency bloc is out at … Continue reading Daily Economic Calendar, October 24, 2017
Schlumberger’s (SLB) correlation coefficient with crude oil prices in the week ended October 20, 2017, was 0.48, showing that Schlumberger and crude oil prices have been positively correlated in the past ...
The U.S. oil benchmark eked out a small gain Monday as traders weighed disruptions in Iraqi oil production and optimism over output cuts by members of the Organization of the Petroleum Exporting Countries. ...
Hedge funds' passion for oil trading is no longer a transatlantic affair, with a near record bet on the North Sea Brent contract standing in sharp contrast to far more modest positioning in the US benchmark. ...
For the week ending October 20, 2017, crude oil (USO) prices rose from $51.45 per barrel to $51.84 per barrel—an increase of 0.76%.
The correlation coefficient between Weatherford International’s (WFT) stock price and WTI crude oil prices on October 13–20, 2017, was -0.05.
Investing.com - U.S. natural gas futures started the week on an upbeat note on Monday, as traders reacted to forecasts showing a return to colder weather after a warm spell in the eastern U.S.
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Midstates Petroleum Co., Inc. a score of 64. Our analysis is based on comparing Midstates Petroleum Co., Inc. with the following peers – PetroShale Inc., PrairieSky Royalty Ltd, Puissant Industries, Inc. and Petrus Resources Ltd. (PSHIF-US, PSK-CA, PSSS-US and PRQ-CA). Investment Outlook Midstates Petroleum Co., Inc. has ... Read more (Read more...)
US crude oil rigs are near a five-month low. West Texas Intermediate (or WTI) crude oil (UWT) (DWT) prices are down 8.8% year-to-date (or YTD).
Wall Street analysts expected that crude oil inventories at Cushing would rise between October 13, 2017, and October 20, 2017.
December WTI (or West Texas Intermediate) crude oil (DWT) (USO) futures contracts rose 0.6% and settled at $51.84 per barrel on October 20, 2017.