|Bid||12.34 x 38500|
|Ask||12.34 x 39400|
|Day's Range||12.12 - 12.49|
|52 Week Range||9.23 - 13.86|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||29.00%|
|Beta (3Y Monthly)||2.14|
|Expense Ratio (net)||0.73%|
Saudi Arabian Oil Company announced it had raised $25.6 billion in its long-awaited initial public offering on Thursday, Bloomberg reported . What Happened The state-owned oil company, better known as ...
Further OPEC Production Cuts On the Way? OPEC is meeting in Vienna today and on the docket is more production cuts. There is higher uncertainty than usual regarding whether OPEC members are all on the same page regarding production cuts, or whether any of them will break away from Saudi Arabia’s de facto leadership of […]The post Market Morning: More OPEC Cuts, GM LG Battery Team-Up, Germany Sputters, Repo Confusion appeared first on Market Exclusive.
This column does not necessarily reflect the opinion of the Benzinga editorial board. This is not an opinion. The subsequent reporting by The New York Times, The Washington Post, The Wall Street Journal and accounts released by Canadian PM Justin Trudeau and German Chancellor Angela Merkel confirmed there was corroborating evidence, including a gruesome audio recording of the entire act.
OPEC and other oil rich countries agreed to lower their combined oil output by 1.2 million barrels a day through the end of March 2020. Ironically, the timing of the meeting will coincide with its state-run oil behemoth Saudi Aramco who will announce the pricing of its shares on Dec. 5. An oil adviser to Saudi Arabia told Wall Street Journal the country needs oil prices stabilize at $60 or more.
The United States Oil Fund (USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (BNO) , which tracks Brent crude oil futures, slumped Tuesday as crude headed for its fifth loss in seven days on news that Russia may not want to reduce output. The expected global supply glut is also the latest threat to the Organization of the Petroleum Exporting Countries and other producers, which have already enacted production caps in an attempt to stabilize prices and balance the market.
Technically speaking, the U.S. benchmarks’ already-bullish bigger-picture backdrop continues to strengthen amid market rotation, writes Michael Ashbaugh.
CBS Fires Producer Who Recorded Amy Robach Tape On Epstein Interview Spike But she’s not the leaker. Ashley Bianco, a 25-year old producer who formerly worked for Disney’s (NYSE:DIS) ABC, was fired by CBS (NYSE:CBS) this week after ABC falsely identified her as the leaker that released a video of ABC anchor Amy Robach complaining […]The post Market Weekend: CBS Fires Non-Leaker, Walgreens Deal, Hazy Aramco Details, China Inflation Up on Pork appeared first on Market Exclusive.
The United States Oil Fund (USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (BNO) , which tracks Brent crude oil futures, faltered Wednesday on news that some members of the Organization of Petroleum Exporting Countries (OPEC) aren't eager to trim production. The expected global supply glut is also the latest threat to the Organization of the Petroleum Exporting Countries and other producers, which have already enacted production caps in an attempt to stabilize prices and balance the market. “The Organization of Petroleum Exporting Countries and its allies are more likely to stick to their current output targets and encourage members to comply more fully, the delegates said, asking not to be identified because the talks are private,” reports Bloomberg.
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, traded higher ...
Saudi Arabian Oil Company, better known as Saudi Aramco, announced its initial public offering on Sunday. What Happened The world’s most profitable company — owned by the Saudi government — will list on ...
The long-awaited Saudi Aramco IPO is confirmed. Based on estimates, this could be the largest IPO. Also, Aramco could be the biggest listed company.
Energy sector ETFs surged Friday after crude oil prices rallied in response to the upbeat U.S. jobs data and Chinese manufacturing numbers. On Friday, the SPDR Oil & Gas Equipment & Services ETF (NYSEArca: ...
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On Oct. 31, 1978, Iran’s oil workers organized a strike following failed negotiations over ...
With Brexit Delayed Again, UK Parliament Decides on December Elections It looks like Great Britain and Northern Ireland, AKA the United Kingdom, will finally go to elections by early December. The vote in the House of Commons hasn’t taken place yet, but Jeremy Corbyn’s Labour Party has caved in to supporting an election after opposing […]The post Market Morning: UK Elections, Aramco IPO Date, China Trade Deal, Beyond Meat Beat & Bust appeared first on Market Exclusive.
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, have traded ...
Energy-related ETFs climbed Friday on geopolitical risk and concerns over Middle East supply after an Iranian tanker near the Saudi Arabian coast was attacked by what the ship’s owner believed was a missile ...
Today, as of 6:28 AM ET, US crude oil prices have risen 1.8%. Oil prices rose after the media reported that a missile hit Iranian oil tankers in the Middle East.
Oil prices jumped Friday after an Iranian tanker near the Saudi Arabian coast suffered damage in what is suggested to have been a missile attack. The vessel Sabiti was 60 miles from the Saudi Arabian port of Jeddah when it was likely hit by missiles that damaged its main tanks, according to its owner, the National Iranian Oil Company, The Wall Street Journal reported. Iranian state television earlier reported that the tanker had been hit by two missiles off Saudi Arabia’s coast, quoting the the vessel's owner.