Balance In
Oil Markets Closer Than Many Think
As the strong dollar pressures crude, CNBC's Jackie DeAngelis reports on
the oil market closing for the day.
Not exact matches
TORONTO — The Toronto stock
market closed higher as energy stocks advanced while
oil prices hit a 16 - month high and traders took in a mixed batch of U.S. earnings.
While Oliver and the federal government play coy and bat their eyelashes at Asia, the United States remains the
closest, easiest and most appealing
market for Canadian
oil.
European
markets closed lower on Monday as the euro hit a two - and - a-half year high and investors kept a
close eye on the moves in
oil.
CNBC's Jackie DeAngelis reports on the
close of the
oil market following a surprise build in inventories.
CNBC's Jackie DeAngelis reports on the
close of the
oil markets following OPEC news out of Algeria.
The Australian share
market has
closed 1.6 per cent lower, as a sharp drop in
oil prices pulled back energy stocks, and resources stocks weakened.
CNBC's Jackie DeAngelis reports the
close of the
oil market as they roll over to November from October.
Recent warnings from Malaysian
oil and gas giant, Petronas, and the BC LNG alliance about the
closing window of opportunity to competitively serve Asian
markets should serve as a wake - up call for Canada.
Dubai's main stock
market and Abu Dhabi's index have
closed at their lowest points of the year amid mounting anxiety over plunging
oil prices.
Brent crude is getting
closer to the all - important (at least psychologically) threshold of $ 60 per barrel, and
oil prices are back in bull
market territory.
Notable companies reporting after the
market close, with earnings consensus, include Kraft Heinz (KHC), consensus 82c... AIG (AIG), consensus $ 1.27... MetLife (MET), consensus $ 1.17... Tesla (TSLA), consensus ($ 3.58)... Prudential Financial (PRU), consensus $ 2.99... Express Scripts (ESRX), consensus $ 1.76... Williams Partners (WPZ), consensus 40c... Pioneer Natural (PXD), consensus $ 1.48... Equinix (EQIX), consensus $ 1.05... Spotify (SPOT), consensus (36c)... Continental Resources (CLR), consensus 63c... Williams Companies (WMB), consensus 22c... Sprint (S), consensus (7c)... Cerner (CERN), consensus 58c... Waste Connections (WCN), consensus 55c... Square (SQ), consensus 6c... XPO Logistics (XPO), consensus 51c... Hyatt Hotels (H), consensus 31c... Qorvo (QRVO), consensus $ 1.05... CF Industries (CF), consensus 26c... Murphy
Oil (MUR), consensus 27c... FireEye (FEYE), consensus (4c)... Zynga (ZNGA), consensus 2c... Cirrus Logic (CRUS), consensus 58c... Fitbit (FIT), consensus 20c.
This chart shows that all metal
markets combined don't even come
close to touching the
oil market!
Shares of small independent
oil and gas producer SM Energy Company (NYSE: SM) are down 12.1 % at 12:45 p.m. EST on Thursday, following the release of the company's fourth - quarter results yesterday after
market close, and conference call with investors before
market open today.
ANALYST VIEWPOINT: «Strong gains in the
oil market and a solid
close in U.S.
markets should see a positive open to the trading week this morning,» said Rick Spooner, chief market analyst at CMC M
markets should see a positive open to the trading week this morning,» said Rick Spooner, chief
market analyst at CMC
MarketsMarkets.
Make it as
close to impossible as we can for an
oil spill to occur, this how we may get everyone on - board to send the
oil sands to
market.
Keep a very
close on the Chinese equity
markets and price of Crude
Oil.
While the
market continues to communicate concern over rising levels of shale production, this bullish inventory data coupled with a slightly softer USD profile, it's easy to see why
oil prices are finding fresh session highs going into the NY
close.
«We dodged a bullet here,» said Arthur Cashin, director of floor operations for UBS, on «
Closing Bell» Wednesday, referring to
oil's bounce off the lows that spurred the stock
market's comeback.
Mortgage rates are
close to record lows in 2017 thanks to turmoil in China, Brexit, sliding
oil prices, and a highly volatile stock
market.
Brian Reynolds, the chief
market strategist at New Albion Partners, was one of the many concerned — until he took a
closer look at the
oil price action.
After an up - and - then - down week,
oil and gas
markets closed slightly higher Thursday ahead of the Easter holiday weekend.
Market commentators noted that Freeport benefited today from strong commodity
markets, including a solid $ 1.50 - per - barrel gain to bring
oil prices
close to the $ 48 mark and a two - year high for copper prices to approach the $ 2.75 - per - pound level.
Profit - taking, the stronger U.S. Dollar and government data weighed on the commodity
markets on Thursday leading to lower
closes in natural gas, crude
oil, gold and copper.
The energy sector led
markets lower on Monday as crude
oil closed below $ 39 a barrel for the first time since 2009.
I just realized that this recipe is pretty
close to being «all local» for you Bay Area cooks participating in the Eat Local Challenge - chiles from Tierra, beans from the delta, farmers
market produce, Sciabica olive
oil and Three Sisters Cheese (not within 100 miles, but still from California and the neighboring San Joaquin Valley).
The economist said that a benchmark
oil price of 44.50 dollars per barrel of crude
oil was
close to the prevalent
market rate of 47 dollars per barrel.
I've seen doctors, dermatologists, and have tried almost every scalp treatment, shampoo, conditioner, and
oil on the
market — only one comes
close to healing it.
The emerging
markets asset class was the big loser in all of our portfolios last year, at
close to 15 % down, while the high - yield convertible bonds (which were affected by
oil) were down 5 %.
Market Close on Wed May 16 2018 Indexes held up well considering the 10 year Treasury reached 3.1 % a near 7 year high and
oil moved higher again.
Right now, one of the biggest threats to continued US emissions reductions are the relatively
closed export
markets for
oil and gas.
Coal's share of the global energy mix continues to rise, and by 2017 coal will come
close to surpassing
oil as the world's top energy source, the International Energy Agency (IEA) said today as it released its annual Medium - Term Coal
Market Report (MCMR).
The International Energy Agency is continuously monitoring the situation in Texas and Louisiana to assess its impact on
oil and gas
markets and is in very
close contact with US authorities.
But a
closer look at the new realities of the global
oil market and at the companies who will profit from the pipeline reveals a completely different story: Keystone XL will not lessen U.S. dependence on foreign
oil, but rather transport Canadian
oil to American refineries for export to overseas
markets.
Chiron Refineries LTD (TASE: CHR), a company which focuses on developing
oil refineries in Africa, has announced to investors on Tuesday morning that it is entering the cryptocurrency
market and its stock price quickly jumped up
close to 60 %.
«Tulsa's office
market continues to maintain stability even though
oil and gas companies have
closed offices.