April 21, 2020
“A futures contract for U.S. crude prices dropped more than 100% and turned negative for the first time in history on Monday, showing just how much demand has collapsed due to the coronavirus pandemic… West Texas Intermediate crude for May delivery fell more… Continue Reading…
March 11, 2020
“Dow Jones industrial average tumbled 700 points, or about 3 percent, at the open. Standard & Poor’s 500 futures sank 2.8 percent and the Nasdaq fell 2.4 percent… Saudi Arabia on Wednesday announced its first oil production increase in a… Continue Reading…
March 10, 2020
“Markets in Asia and Europe staged a recovery Tuesday, and the Dow soared 800 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic… The Dow (INDU) soared 3.3%. The S&P 500 (SPX) rose 2.9% and the Nasdaq (COMP) was up 2.7%.JPMorgan equity strategists… Continue Reading…
March 9, 2020
“9:49 a.m. ET: Stocks resume trading, S&P, Dow plunge anew The S&P 500 and Dow extended losses after reopening following a 15 minute halt for trading. The broader market index slid about 7.2%, or more than 200 points, while the… Continue Reading…
January 29, 2020
“Shares of Chesapeake Energy Corp. CHK, +7.87% soared 8.3% in premarket trading Wednesday, to bounce off the previous session’s 26-year low, after the oil and gas company provided a preliminary fourth-quarter production update… Chesapeake said it eliminated $900 million in debt, reduced expenses… Continue Reading…
January 8, 2020
I’m going to keep this short and sweet. If any of you fear losing money in the stock market because of whats happening in the middle east don’t be scared. A safe bet would be to move your money over… Continue Reading…
September 23, 2019
“Surging output from shale helped America ship almost nine million barrels a day of crude and oil products in June, surpassing Saudi Arabia, the International Energy Agency said in a report, citing gross export figures. There’s room to send even more… Continue Reading…
September 16, 2019
“Stocks opened lower Monday, after oil prices jumped sharply in the wake of a weekend attack on Saudi Arabia’s largest oil facilities knocked out more than half of the kingdom’s production. The Dow Jones Industrial Average DJIA, -0.32% fell 97.22 points, or 0.4%,… Continue Reading…
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