Oil

This Entertainment Leader is Still Crushing It

The S&P 500 fell to its lowest level since early July and pierced its 200-day moving average last week. Chartists looking for stocks that held up better during this decline can use these levels for comparison. Stocks that did not break below their August lows and 200-day moving averages held up bet ...

Asia market update : Focus on Yuan

Asia market update: Focus on Yuan   Surprising busy start even with the absence of Hong Kong in the mix The hawkish warm-up ahead of tonight’s FOMC minutes delivered by San Francisco’s new President Daly is creating some noise today after she said late in the NY session she does think it’s a ...

You just know that something good is going to happen

Cloudbusting: you  just know that something good is going to happen   US markets In the span of a mere 24 hours two of my most pressing question may have been answered, correctly, can the anomalously robust US equity market hang on in the face of mounting global risks? And are we entering a perio ...

Stranded assets? Only if government strands them

Author: Kenneth P. Green World oil consumption may expand to 100 million barrels per day in the next three months. Read more about Stranded assets? Only if government strands them Tags:  oil and gas oil production oil transport energy policy natural gas ...

SandPoint Resources Forms With Equity Commitment From Carnelian

SandPoint Resources LLC said Oct. 16 it partnered with Houston-based investment firm Carnelian Energy Capital Management LP to acquire and develop upstream oil and gas assets. As part of its partnership, SandPoint closed an equity commitment from Carnelian for an undisclosed amount. The company plan ...

GBP/USD – British pound pushes above 1.32 as wage growth rises

GBP/USD has gained ground in the Tuesday session. In the North American session, the pair is trading at 1.3198, up 0.34% on the day. On the release front, the focus was on British job numbers. Wage growth climbed 2.7%, edging above the estimate of 2.6%. The unemployment rate remained unchanged at 4 ...

What's Affecting Gas Prices This Week (Oct. 16, 2018)?

If you haven’t seen it yet, you aren’t too late to participate in the soft launch of What’s Affecting Gas Prices This Week. This is the second edition of a new weekly offering from the integrated global energy advisory professionals of Stratas Advisors. We welcome your feedback and intend to c ...

West Texas Pipeline To Resume On Schedule After Spill

Energy Transfer Partners LP said on Oct. 15 that a West Texas pipeline would resume operations on Oct. 20 as planned after the pipeline spilled water with nontoxic green dye and residual crude oil near Abilene, Texas. The spill, which began mid-day Oct. 14, went into Button Willow Creek and then int ...

October 15, Charts

Global equity markets fell sharply last week; Canadian oil price diffs are hitting record highs; US crude oil production hit a record high in July ...

Manitoba Emphasizes Oil Impacts on Water for Waste Reduction Week

For Waste Reduction Week, the Government of Manitoba is emphasizing the importance of proper disposal of oil and the impacts of improper disposal on water. Manitoba has confirmed approval of the stewardship program plan for the continued collection and recycling of used oil and oil containers, filt ...