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Energy

“Short interest in energy stocks increased in the past month”

December 29, 2021

“Investors increased their bearish bets in the energy sector in the past month, as a decline in crude oil prices led to broad weakness in the sector. Based on the most recent exchange data, the median industry short interest, or… Continue Reading…

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Economy

“U.S. goods trade deficit hits a record in November”

December 29, 2021

“The U.S. trade deficit in goods mushroomed to a record in November as imports surged and exports slipped. The goods trade deficit widened last month by 17.5% to $97.8 billion from $83.2 billion in October, the Commerce Department said on… Continue Reading…

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Energy

“Oil and gas discoveries are at the lowest level since 1946”

December 28, 2021

“Oil and gas firms are having their worst year for new fossil fuel discoveries in decades and reserves are dwindling. The oil and gas industry is on track to discover just 4.7 billion barrels of oil equivalent (boe) by the… Continue Reading…

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Energy

“Record-Breaking Gas Prices Prompt Iran To Boost Production”

December 28, 2021

“As great as Iran’s oil reserves are, its gas reserves are even greater, with official estimated proven natural gas reserves of 33.78 trillion cubic metres (Tcm), second only to Russia, 17 percent of the world’s total and more than one-third… Continue Reading…

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Economy

Help Raxxmorz.com Grow. Spread The Word.

December 28, 2021

Raxxmorz.com is the main hub for content. Please share the articles. Make sure to subscribe as well. It’s completely free. You can also follow me on: Twitter and Linkedin. Feel free to leave any questions or comments. Also if you’re a… Continue Reading…

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Stocks

“Chip Stocks Are Getting Pricey. Here Are a Few That Still Look Cheap.”

December 27, 2021

“Chip stocks have shined amid global semiconductor shortages, but some of the biggest names are looking pricey… Cheap Chips These are the cheapest stocks in the PHLX Semiconductor Sector index based on price to estimated 2022 earnings. Name/ Ticker Forward P/E… Continue Reading…

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Investing, Precious Metals

“Big Money Is Eyeing Metals Over Oil As Mining Assets Soar”

December 27, 2021

“…The energy transition is driving the next commodity supercycle, with immense prospects for technology manufacturers, energy traders and investors. Indeed, new energy research provider BloombergNEF estimates that the global transition will require ~$173 trillion in energy supply and infrastructure investment over the… Continue Reading…

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Stocks

“Nikola shares surge 18% after company delivers its first EV truck, says more to come”

December 27, 2021

“Nikola shares jumped 18% on Thursday after theelectric truck maker completed delivery of its first vehicle. The surge in the stock came a day after the company announced on Twitter that its first customer delivery is done, signaling more to come…” https://www.cnbc.com/2021/12/23/nikola-shares-surge-after-company-delivers-its-first-ev-truck-says-more-to-come.html This… Continue Reading…

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Economy

“Europe Faces Full Blown Energy Crisis As Gas Prices Smash All Records”

December 23, 2021

“Europe’s energy crisis got even worse on Tuesday as a shortage of natural gas, nuclear outages, declining wind power output, and cold weather boosted prices. The gas price at the Dutch TTF hub, the benchmark gas price for Europe, soared… Continue Reading…

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Economy

“20% of Americans couldn’t pay their energy bill in the last year. How to keep costs down”

December 23, 2021

“…In the last year, about 20% of Americans struggled to pay their energy bill in full at least once, according to a study by Help Advisor. At the same time, 18% kept their house at a temperature that was either… Continue Reading…

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