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Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 6 days agoHe sees “relative stagnation” in the U.S. oil industry with little change in the number of rigs reported by Baker Hughes and production holding steady...
Oil Shows Further Weakness | Investing.com
Investing.com· 6 days agoAccording to Friday's report from Baker Hughes, the total number of Oil rigs in the US was 497 compared to 496 and 499 in the last two weeks. The...
America’s Roundup: Dollar dips on profit-taking but upbeat outlook remains ,Wall Street ends higher,...
EconoTimes· 2 days agoMarket Roundup US Corporate Profits (QoQ) 0.4%,2.7% previous US Apr Durables Excluding Defense (MoM)...
Europe Roundup:Sterling holds near two-month highs,European stocks on track for weekly drop,Gold...
EconoTimes· 2 days agoMarket Roundup UK Apr Retail Sales (MoM) -2.3%,-0.5% forecast,-0.2% previous German GDP (QoQ)...
Oil posts weekly loss as interest rate policy spurs fuel demand worries
StreetInsider· 2 days agoHOUSTON (Reuters) -Oil prices rose about 1% on Friday, but fell for the week on worries that strong U.S. economic data would keep interest rates elevated for a longer period, curbing fuel demand ...
US rig count down four as prices slide
Odessa American· 2 days agoThe rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 312 rigs active in the region. A year ago ...
Australian Dollar Falls Amid Risk Aversion
RTT News· 2 days agoThe Australian dollar weakened against other major currencies in the Asian session on Friday amid risk aversion, following the broadly sell-off on Wall Street overnight, after the recent release ...
UAE’s ADNOC Group offers 5.5% stake in drilling unit
Gulf Business· 4 days agoADNOC Group said the book building for the offering of around 880 million shares will begin “immediately” and end on May 23 or earlier.
Oil prices settle higher, but fall to heavy weekly losses on rate, demand jitters
Investing.com via Yahoo Finance· 2 days agoInvesting.com-- Oil prices settled higher Friday, but that did little to prevent heavy weekly losses Friday as concerns over sticky inflation and high interest rates spurred doubts that demand will remain robust this year.
Why Did U.S. Natural Gas Prices Move Up 16.6% Last Week? - Chesapeake Energy (NASDAQ:CHK), Coterra...
Benzinga· 6 days agoThe U.S. Energy Department's weekly inventory release showed that natural gas supplies increased...
