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WTI crude oil prices are hovering at 7-year highs on Thursday as investors mull rising Russia-Ukraine tensions amid a tight market. The EIA reported a decent drop in Cushing inventories, ...
Posted: January 26, 2022, 9:00 pm
Marathon Oil Corporation shares closed today at 2.0% below its 52 week high of $20.01, giving the company a market cap of $15B. The stock is currently up 18.8% year-to-date, up 15 ...
Posted: January 26, 2022, 3:39 pm
The U.S. physical crude market is pricing near its strongest level in more than a year, and could get even stronger, the latest sign of red-hot demand for barrels in the real world boosting headlin...
Posted: January 26, 2022, 11:00 am
An increase in oil output by producer nations cashing in on expensive crude has depleted the cushion of spare capacity that protects the market from sudden shocks and raised the risk of price spike...
Posted: January 26, 2022, 6:17 am
Monday’s stock market crash appeared to temporarily halt the oil price rally, but oil prices began to rebound on Tuesday morning ...
Posted: January 25, 2022, 12:00 pm
Oil futures trade mixed Tuesday, with prices underpinned by supply concerns but pressured as global equities see renewed pressure.
Posted: January 25, 2022, 5:11 am
I n the latest trading session, Marathon Oil (MRO) closed at $18.30, marking a +1.1% move from the previous day. This change outpaced the S&P 500's 0.28% gain on the day. At the same time, the Dow ...
Posted: January 24, 2022, 1:50 pm
Treasury yield's inability to break through 1.9% last week and subsequent dip below 1.8% is a good start," wrote LPL strategist Jeff Buchbinder.
Posted: January 24, 2022, 12:58 pm
Oil prices end at their lowest in more than a week on Monday, caught up in a broad selloff in risky assets, but hold on to a gain for the month, underpinned by worries over potential supply ...
Posted: January 24, 2022, 12:27 pm
Well, it has been a red day across the board on the market front. And equities and energy also taking a hit. That's something that we haven't seen recently. As oil foils-- falls on strong dollar, a...
Posted: January 24, 2022, 12:05 pm
The oil market is running out of sellers in its surge to almost $90 a barrel. Whether it’s speculators, traders hedging their barrels in storage tanks or U.S. producers, some of the biggest drivers...
Posted: January 24, 2022, 5:21 am

 

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