Trump Administration Takes Next Step Toward Oil Lease Sales In Arctic Refuge NPRThe Trump administration has taken another step toward selling leases to drill oil in the Arctic National Wildlife Refuge. Read more https://www.npr.org/2018/12/20/6 …
Dow sinks below 23,000; Nasdaq flirts with a bear market; Oil in free fall CNNFear of an economic slowdown is rocking Wall Street and the oil markets. Read more https://www.cnn.com/2018/12/20/investing/dow-jones-nasdaq-oil-prices/index.html
Is $40 Crude Oil Coming? Market RealistOn December 19, US crude oil active futures settled at $48.17 per barrel—the second-lowest closing level for active US crude oil futures since September 2017 ... Read more https://marketrealist.com/2018/12 …
Oil-Weighted Stocks: Gains and Losses Market RealistOn December 12–19, our list of oil-weighted stocks fell 12.9% compared to the 6.2% fall in US crude oil February futures. On average, our list of oil-weighted ... Read more https://marketreali …
Shale Oil Will Face Trouble As Oil Prices Fall Below The Magic Threshold ForbesEarlier this week, the price of oil dropped below $50 per barrel for the first time in over a year. The U.S. benchmark, WTI, now hovers just above $45 per barrel. Rea …
U.S. Equity Futures Steady After Fed; Oil Tumbles: Markets Wrap BloombergU.S. equity futures erased an earlier decline on Thursday, while stocks in Europe and Asia came off their lows as markets showed signs of steadying in the wake ... Read mor …
Falling Oil Prices Are Not The Only Thing Bridling Upstream Valuations ForbesOil prices have taken a tumble the past three months. On December 17th, they fell below $50, corresponding with a larger market downturn. Compared to the ... Read more …
This Oil Stock Is Giving Its Investors a Big Raise in 2019 The Motley FoolDiamondback Energy (NASDAQ:FANG) recently unveiled its capital plans for 2019. The Permian Basin-focused oil producer is tapping the brakes on its drilling ... Read more h …
3 EIA Inventory Data Might Support Oil Market RealistIn the week ending on December 7, US crude oil inventories were 7% higher than their five-year average—one percentage point more than the previous week. Read more https://marketrealist.com/20 …
Oil's Fall: Bulls Should Be Careful Market RealistSo far in December, Russia's oil output has reached a record high of 11.42 MMbpd (million barrels per day)—based on a Reuters report. The rise in Russia's oil ... Read more https://marketrealist …