|Day's range||57.90 - 58.35|
___ Bitcoin futures soar amid frenzy over virtual currency Wall Street got its first taste of bitcoin on Monday, with the price of the first-ever futures contract for the digital currency jumping 20 percent. ...
Investing.com – US stocks closed higher on Monday led by a surge in energy on expectations of supply disruptions, while the rebound in technology continued ahead of the upcoming Federal Reserve meeting this week.
Investing.com – Brent oil prices settled sharply higher on Monday amid supply disruptions after a major North Sea pipeline shut for repairs, while signs of rising US production capped gains in crude oil prices.
Oil prices climbed Monday, with Brent crude, the global benchmark, logging its highest settlement in more than two years after the reported shutdown of a major North Sea oil pipeline that could last for ...
Almost two weeks after pledging to extend the OPEC production deal, one member is showing signs that it may bow out of the agreement
The FOMC’s two-day meeting will be held on December 12–13, 2017. The Fed is expected to raise the US interest rate during this meeting.
In 3Q17, Whiting Petroleum’s FCF (free cash flow), or its operating cash flow minus capital expenditure or capex, was -$200 million.
Less than two weeks after extending the OPEC output cut deal, Kuwaiti Oil Minister Al-Marzouq suggested that the cuts might not last until the end of 2018
Baker Hughes released its US crude oil rigs report on December 8, 2017. US crude oil rigs rose by two to 751 on December 1–8, 2017.
ConocoPhillips’s (COP) 2016 production mix was ~38.0% crude oil, ~12.0% bitumen, ~9.0% natural gas liquids, ~22.0% international natural gas, and ~19.0% North American natural gas.
On December 7, 2017, US crude oil’s implied volatility was 20% or ~1.1% less than its 15-day average. On December 1, the implied volatility fell to 19.8%.
Investing.com - Crude oil prices fell in Asia on Monday as the market took note of fresh additions to the US rig count last week and strong production in the United States.
Strong output growth from some of the U.S. most prolific natural gas basins has propelled the U.S. to a pole-position in global gas markets
The US dollar rallied against the Canadian dollar, as we are looking to finally break out and test the 1.30 levels above.
Investing.com - The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending December 5 on Friday.
Whiting Petroleum’s (WLL) net-debt-to-adjusted EBITDA multiple rose steadily until 2Q16. But after a peak in 2Q16, its EBITDA multiple started falling.
Whiting Petroleum’s (WLL) earnings have improved overall since last year. The company’s 3Q17 earnings were higher YoY as well as on a sequential basis.