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Browsing: Market News
There is once again a great deal of noise regarding the oil glut. Some say it is the largest since…
An auto supplier that manufactures electrified propulsion systems, among others, has closed a factory in Detroit because of the drop…
The national average price of gasoline dropped below $3 a gallon over the weekend, with many U.S. motorists now paying…
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 2.980 million barrels in…
Resistance Tests Loom The falling 10-day moving average at $59.00 stands as the first dynamic resistance. Its recent history calls…
The Trump administration is dipping its toe—barely—into refilling the U.S. Strategic Petroleum Reserve (SPR), announcing plans to purchase one million…
The fight over Venezuela’s last major foreign asset just got nastier. Lawyers for Citgo Petroleum and its owner, PDV Holding,…
Halliburton Company (NYSE: HAL) saw its third-quarter earnings top Wall Street expectations on steady drilling and stimulation demand in North…
We will then look at some of the key market movers early this week before providing you with the latest…
China’s wind and solar equipment giant Mingyang Smart Energy Group is developing a 50-megawatt (MW) offshore wind turbine that would…