Oil

Commodity Volatility 2018-05-18 Video

I posted an additional article regarding this weeks video. This is a link specific to the video. The US Dollar is working real hard against the commodity up trend, but some of the commodities cannot be suppressed. Oil, Natural Gas, Heating Oil, Gasoline, and KOL are all soaring.  I mentioned a ...

Oil Prices Rise: Pushing These Stocks Toward The Top

Oil is climbing today, as it has been for several consecutive sessions. Ultimately, there are two primary causes for the gains in the value of the commodity, one acting as root support and the other acting as the catlystic event that gave the commodity legs. Nonetheless, oil is a massive market, and ...

Chesapeake Energy (CHK) Stock: Flying With Oil Prices

Chesapeake Energy Corporation (NYSE: CHK) is having an overwhelmingly strong start to the trading session this morning, following up on gains that we’ve seen from the stock as of late. So, what’s the deal? The company hasn’t released any news of their own, so why is the stock flying? Well, the ...

Japan’s Tokyo Gas Takes First LNG Cargo From Cove Point

Japan received its first shipment of LNG on May 21 from Dominion Energy Inc.’s newly completed Cove Point export plant, the beginning of a jump in imports from the United States by the world’s biggest buyer of the fuel. The docking of the tanker LNG Sakura at Tokyo Gas Co.’s Negishi terminal n ...

Brent Tilts Into The Red, But US-China Trade Truce Limits Losses

Brent crude oil declined on May 21, surrendering early gains, though the prospect of an easing in trade tensions between the United States and China helped to stem losses. Brent crude futures eased by 12 cents to $78.39 a barrel by 1:52 GMT, having reached a session high of $79.19. U.S. crude future ...

Corvex, Carl Icahn To Mull Takeover Bid For Energen

Activist investor Keith Meister on May 21 reunited with billionaire investor Carl Icahn and said in a regulatory filing that they may try to buy oil and gas producer Energen Corp. (NYSE: EGN). The announcement comes roughly two months after the Birmingham, Ala.-based company settled a long-simmering ...

Seadrill (SDRL) Stock: Here’s Why It’s Climbing

Seadrill Ltd (NYSE: SDRL) is having yet another overwhelmingly strong start to the trading session this morning, and for a very good reason. At the end of the day, the price of oil is climbing, and since the company is entered in the industry, it’s opportunity to build revenue and earnings is grow ...

Will Oil Sanctions Follow For Venezuela?

The U.S. is almost certainly preparing to impose targeted crude sanctions against Venezuela, analysts told CNBC on Monday, in a move likely to constitute a “devastating” blow for the oil-dependent state.Venezuelan President Nicolas Maduro won re-election to another six-year term on Sunday, despi ...

Santos Gets Final Sweetened $10.8 Billion Bid From Harbour

U.S.-based Harbour Energy Ltd. made a final offer of $10.8 billion for Australia's Santos Ltd. on May 21, hiking its bid for the fifth time in nine months after a steep rise in oil prices and potentially deterring any rival bids. Shares in the oil and gas producer rose on the back of the sweetened b ...

All The Major Asset Classes Fell Last Week—Except Commodities

Markets declined last week in nearly every corner of the major asset classes, with the lone exception of broadly defined commodities, based on a set of exchange-traded products. The iPath Bloomberg Commodity (DJP) gained 0.6% over the five trading days through May 18. The increase lifted the exchan ...