Summary The energy sector has the third-largest representation in Tepper’s equity portfolio. Energy Transfer and EQTEQT are among his top 10 holdings. David Tepper (Trades, Portfolio)’s Appaloos...
Tag: Oil
Days after cautioning Putin on war, India may skip Russian ESPO crude oil import
Indian refiners may skip buying Russia’s ESPO blend of crude oil in September, apparently due to high freight charges. India imports a mix of crude grades from Russia, namely the Urals, Siberian Light...
BP share price analysis as crude oil prices dip
BP (LON: BP) share price pulled back on Friday as the market reacted to the ongoing crash of crude oil prices and a fire in Ohio. The shares slipped to a low of 443.70p, which was slightly below the y...
Jamie Dimon says stopping oil and gas funding would be ‘road to hell for America’
“Stopping new oil and gas funding? ‘That would be the road to hell for America.’” — Jamie Dimon JPMorgan Chase CEO Jamie Dimon resoundingly assured lawmakers that his bank has no intention of stopping...
Russian Oil Sanctions Back on the Table Amid Protests in Moscow and Rumors of One Million to be Mobelized – Trustnodes
Europe is moving to put a price cap on Russian oil amid protests in Moscow against the war while rumors are now circulating Russia’s president Vladimir Putin has ordered the mobilization of one millio...
By The Numbers: How Bitcoin Mining Stacks Up Next To Gold & Oil
The bitcoin mining industry has now grown to the point where it is being measured up against other similar industries that have been around for longer. However, the operations of the bitcoin mining fi...
$8 a gallon gas? RBC energy guru on why we should brace for higher oil prices
American consumers may have gotten a bit of a break from sky-high gas prices over the past few months as the prices for oil and natural gas in the U.S. have eased off their peaks from earlier this yea...
China Runs Down Oil Stockpiles as Market Eyes Big Export Quotas
(Bloomberg) — China has begun running down its crude oil stockpiles, which could signal that refiners are getting ready to boost fuel exports as part of the government’s efforts to revive the ec...
Oil spikes as Putin announces partial mobilization igniting fears of tighter energy supply
Russian president, Vladimir Putin held his first, long-awaited, national address on September 21, announcing among other things a partial mobilization of a 300,000-strong force for his war in Ukraine....
A Way To Get Your EV Charged Under 10 Mins And Help Reduce Oil And Gas Emissions.
U.S. President George W. Bush (L) plugs a power cord into a Ford EV way back in 2007. Getty Images Why is this topic important to the oil and gas industry? The growth of electric vehicles (EVs) means ...
Biden’s ‘Kind Of Insane’ Energy Policies Have Created An Entirely Rational Investor Response
WASHINGTON, DC – MAY 13: U.S. Vice President Kamala Harris delivers opening remarks during a plenary … [+] meeting with Association of Southeast Asian Nations leaders and (L-R) Energy Secr...
Russian Oil Flows Dive, Hurting Putin’s War Chest
(Bloomberg) — Russia’s seaborne crude exports have fallen sharply in the first half of September, hit first by a storm in the Pacific and then by an unexplained decline in shipments from the Bal...
$80 Oil Could Be Here to Stay. These Stocks Stand to Gain.
Text size The Inglewood Oil Field in Los Angeles. Mario Tama/Getty Images Countries can’t control the price of oil, but they can nudge it in one direction or another. And the latest signals from some ...
Why U.S. Shale Producers Aren’t Riding To The Rescue Despite Tight Oil Supplies
In an aerial view of oil pumpjacks at work in the Permian Basin oil field in Crane, Texas. A … [+] tightening global ban on Russian oil and other geopolitical realities may mean that oil produce...
Dow Futures Fall as Wall Street Anticipates Another Big Rate Hike From the Fed
Text size AFP via Getty Images Stock futures traded lower Monday in a week that is expected to see the Federal Reserve raise interest rates by another three-quarters of a point in its effort to stamp ...
Germany Takes Control of Oil Refineries Owned by Russia’s Rosneft
BERLIN—Germany took control of the German business of Russian oil giant Rosneft Oil Co. as Berlin races to safeguard its energy supplies before its planned ban on Russian oil imports kicks in later th...
Time To Sell Fertilizer, Oil Stocks? Others In IBD 50 Offer Opportunities
The market is struggling and has taken some of the IBD 50 stocks down with it. CF Industries (CF) and some of the oil stocks have hit 7% to 8% sell signals. Among consumer stocks, Lululemon (LULU) and...
Oil Falls With Global Demand Concerns Coming to the Fore
(Bloomberg) — Oil fell with demand concerns at the fore as the US Department of Energy walked back expectations of its plan to restock petroleum reserves and China considered allowing more fuel ...
Tentative Rail Strike Deal Could Avert New England Winter Energy Crisis
Rail oil tank cars transporting petroleum crude oil pass through Livingston, Montana heading west. … [+] (Photo by William Campbell/Corbis via Getty Images) Corbis via Getty Images The White Hou...
Charts suggest oil will bounce short term then head lower
Oil’s current run will likely be short-lived as it’s poised to fall later this fall, CNBC’s Jim Cramer said on Wednesday. “The charts, as interpreted by Carley Garner, suggest ...
Why Single Out The Oil Industry For Supposed Disinformation?
A picture from a series of humurous novelty images taken by Sunday People photographer Dennis … [+] Hutchinson. – The end of the world is nigh buit not before you get your holidays booked ...
Crude oil price and cryptocurrencies: evidence of volatility!
For the last few years, people trading in cryptocurrencies have also been associated with oil trading. Not only can cryptocurrency trading make you rich overnight, but once you start trading in oil, y...
Falling Computer Chip Prices Show Cycles In Capital-Intensive Businesses
Intel employees in bunny suits at new expansion of plant in Hillsboro, Oregon Intel Corporation Computer chip prices are plummeting. But wait—weren’t we in a chip shortage that should keep pushing pri...
This superbull at JPMorgan who called the summer rally sees a soft landing ahead. Here’s his advice on stocks and oil.
A fifth-straight win was taken off the table after August CPI numbers surprised on the upside. And it looks like there’s nothing to sway the Fed from a 75-basis-point hike this month. Still, when it d...
GBR Revolutionizes Blockchain in Oil, Gas, and Real Estate Industry
Last Updated on Sep 12, 2022 at 13:25 GBR COIN, a real estate and investment company, is implementing blockchain technology in the real estate, oil, and gas industries to eliminate the need for third-...
Is it safe to buy crude oil after dropping $30 from 2022 highs?
Crude oil price tumbled below $90/barrel last week as G7 wealthy nations plan a price cap to lower Russia’s revenue. The invasion of Ukraine by Russia is strongly condemned by the Western nations, and...
Gas Prices May Spike Again This Winter As Europe Cuts Off Russian Oil, Yellen Says
Topline Gas prices could jump again this winter following a months-long decline in the United States, Treasury Secretary Janet Yellen warned Sunday, as the European Union plans to largely stop buying ...
Oil Prices Slump as Recession Fears Grow
Another turbulent week in oil markets carried crude prices to their lowest point since January, with thin trading and a blurry outlook for supply and demand driving a fitful 30% decline from this year...
5 Biggest Oil Tanker Companies
Oil tanker companies specialize in the transportation and storage of crude oil. The business involves firms that own, operate, or lease various types of oil tankers and facilities. Crude tankers trans...
Oil Prices Could Short Circuit, While Copper Charges Ahead
When trying to wire up a trade in commodities, go for copper, The conductive, soft metal offers a long-term demand tailwind that makes buying related stocks on weakness a solid risk/reward. Shares of ...
Opinion: 4 reasons you should buy energy stocks right now if you are a long-term investor
This has been a painful year for stock market investors, as nothing seems to be working. There is an exception: Energy. It’s the best-performing sector and might still be a bargain for those who can b...