BOSTON (Reuters) – Activist hedge fund supervisor Keith Meister and billionaire investor Carl Icahn stated they could attempt to purchase oil and gas producer Energen Corp (EGN.N), in accordance to a regulatory submitting made on Monday. FILE PHOTO: Billionaire activist-investor Carl Icahn provides an interview on FOX Business Network’s Neil Cavuto present in New York, […]
NEW YORK (Reuters) – U.S. fund managers are barreling into the power sector by making broad bets on something related with oil, finally convinced that positive factors in crude costs – on monitor for their fourth consecutive quarterly achieve, the longest such stretch for greater than 10 years – are greater than a mirage. FILE […]
Asia-Pacific shares have been broadly higher Thursday, constructing on positive aspects a day earlier, with oil prices at 3½-year highs serving to to spice up sentiment for the area’s equities. The Nikkei NIK, +0.28% […]
Finance Despite the warnings of the Israeli regulator that it gained’t tolerate bitcoin to get one way or the other backdoor listed on the Tel Aviv Stock Exchange, public corporations maintain pivoting into the sector. The newest instance is a agency that targeted on oil refineries till now. All of a sudden it […]
Authored by Dave Forest via OilPrice.com, One of the most important power tales this yr has been Russia’s Rosneft shopping for India’s Essar Oil – giving the Russian firm a agency grip on one of many world’s largest emerging oil and gas markets. And this previous week, that story received extra complicated. With Rosneft putting […]
For the second straight day, U.S. crude costs are slipping, whereas Brent, the worldwide benchmark is edging larger. Here’s why. SOURCE: Focus on Funds – Read complete story here.
Economists have given us a mannequin of how costs and portions of products are imagined to work together. (Click to enlarge) Figure 1. From Wikipedia: The worth P of a product is decided by a stability between manufacturing at every worth (provide S) and the wishes of these with buying energy at every worth (demand […]
A number of feedback from Steven Kopits of Princeton Energy Advisors LLC on Sept eight, 2017: • Rig counts have been off modestly this week • Total US oil rigs have been down three at 756 • Horizontal oil rigs have been down 1 at 643…• Drilling Info rig counts are plateauing, nonetheless larger than […]
Despite heading for the primary weekly achieve since July, Crude Oil pushed decrease from a robust downward trendline on Hurricane Irma danger. SOURCE: DailyFX – Forex Market News – Read complete story here.
September 9, 2017 by Gary Broad Equity Market Tone: Advance/Decline Line: Slightly Higher Sector Performance: Mixed Market Leading Stocks: Performing In Line Volatility(VIX) 12.5 +eight.2% Euro/Yen Carry Return Index 135.20 -.59% Emerging Markets Currency Volatility(VXY) eight.15 +5.zero% S&P 500 Implied Correlation 34.95 +eight.61% ISE Sentiment Index 96.zero +10.34% Total Put/Call 1.02 -9.73% North American Investment […]