Warren Buffett made his billions by being a contrarian investor. “Be fearful when others are greedy, and greedy when others are fearful,” one Buffett dogma runs; “detach yourself from the crowd,” he s...
Tag: Oil
Is Tullow Oil stock a good buy ahead of earnings?
Tullow Oil (LON: TLW) share price pulled back on Monday morning as investors waited for the company’s upcoming results. The shares are trading at 44.26p, which is about 12% above the lowest level this...
US Futures, Oil Dip; Stocks Set for Cautious Open: Markets Wrap
(Bloomberg) — Stocks in Asia look set for a cautious start on Monday amid fresh concerns about the possibility of more growth-sapping Covid curbs in China that could weigh on the global economic...
Suncor Replaces CEO Mark Little After Oil Sands Mine Death
(Bloomberg) — Suncor Energy Inc.’s chief executive officer stepped down on Friday after a series of fatalities at the company’s oil sands sites shook confidence in its management. Most Read from...
Biden’s Quest for Saudi Oil Faces Reality-Check of Slim Capacity
(Bloomberg) — Most Read from Bloomberg Even if Joe Biden secures a pledge for more oil when he visits Saudi Arabia this week, it may do little to drive down the high fuel prices roiling the glob...
Commodity price declines may shape Fed’s rate-hike path, says economist
A significant downturn in commodity prices could give the Federal Reserve cover to change its aggressive pace of planned interest rate hikes, according to a report from Capital Economics. The centra...
Tokenizing Ownership in Oil with a Game-changing New Miner
Place/Date: – July 8th, 2022 at 9:03 pm UTC · 4 min read Source: Oil Club Photo: Oil Club Oil club is a smart contract miner that adheres to the oil and gas sectors’ norms. Club members can earn...
Oil Prices Bounce Back From Shocking Collapse
Oil markets saw one of the largest single-day declines in history this week, but the realities of supply and demand have since sent prices bouncing higher. Oilprice Alert: This month’s Intellige...
Energy Stocks Are Cheap. Just Ask Warren Buffett.
Energy stocks are on sale, after a sharp selloff since oil and natural-gas prices peaked in early June. Oil is down 18% from its high, to $102 a barrel, while gas has fallen by a third, to about $6 pe...
Why Is The U.S. Sending Its Emergency Oil Reserves To China?
U.S. SPR release were exported to Europe and Asia last month, including top US geopolitical nemesis in the global arena, China, even as U.S. gasoline and diesel prices hit record highs. The export of ...
G7’S Overambitious Plan To Punish Russian Oil And Alter The Future Of Oil Markets
The facilities of the oil refinery on the industrial site of PCK-Raffinerie GmbH are illuminated in … [+] the evening. Crude oil from Russia arrives at the oil refinery via the “Friendship...
Why crude released from U.S. oil reserves may have ended up being exported overseas
U.S. drivers had high hopes that the historic release of oil from the nation’s Strategic Petroleum Reserve would help ease triple-digit prices of crude oil and reduce gasoline prices at the pump, but ...
US and Allies Are Capping Russian Oil between $40-$60 to Limit Revenues
The UK said it would phase out Russian oil imports by the end of the year. The US and its allies have reportedly discussed capping Russian oil at $40-$60 per barrel. The matter was revealed by anonymo...
Oil Traders in Panic After Russia Order to Halt CPC Terminal
(Bloomberg) — A Russian court order to halt oil loadings from a port in the Black Sea has unnerved European crude traders already reeling from the tightest regional market in years, sending pric...
Oil Club – A Next-Generation Miner
What is the Oil Club smart contract? Oil club is a smart contract miner that follows the rules of the oil and gas industries. Club members earn up to 14% in daily rewards and participate in constantly...
Historic Shifts In Russian Energy Flows Bolstering China
Russian President Vladimir Putin looks at the screen with Chinese President Xi Jinping session … [+] during the Saint Petersburg Economic Forum SPIEF 2022, on June 17, 2022, in Saint Petersburg,...
OIL CLUB : A Game-Changing Miner
What is the Oil Club smart contract? Oil club is a smart contract miner that follows the rules of the oil and gas industries. Club members earn up to 14% in daily rewards and participate in constantly...
The Sudden Surge In Gas Prices Didn’t Happen Overnight. Here’s Why.
Emily Pickrell, UH Energy Scholar HOUSTON, TEXAS – JUNE 09: A gas pump is seen at a Chevron gas station on June 09, 2022 in Houston, … [+] Texas. Gas prices are breaching record highs as d...
Oil Selloff Continues Amid Recession ‘Panic,’ But Analysts Predict Prices Will Rebound Later In 2022
Topline Oil prices continued to fall in choppy trading on Wednesday—extending recent losses as growing recession fears wreak havoc on markets, but despite concerns about an economic downturn hurting d...
Gas Prices Continue To Drop—Here’s How Far They May Fall As Oil Prices Crater
Topline Gas prices fell two cents Wednesday to $4.779 per gallon, according to AAA data, down 24 cents from its highest-ever recorded level of $5.016 last month, and are on track to continue falling—t...
Oil Extends Its Decline as Growth Concerns Stoke Mammoth Drop
(Bloomberg) — Oil extended its drop below $100 a barrel as fears of a global slowdown outweighed continued supply disruptions and market tightness. Most Read from Bloomberg West Texas Intermedia...
Oil Club: A Game-Changing Miner
What is the Oil Club smart contract? Oil club is a smart contract miner that follows the rules of the oil and gas industries. Club members earn up to 14% in daily rewards and participate in constantly...
A Game-Changing Miner – Oil Club smart contract
What is the Oil Club smart contract? Oil club is a smart contract miner that follows the rules of the oil and gas industries. Club members earn up to 14% in daily rewards and participate in constantly...
Risk profile of crypto markets similar to oil and tech: Coinbase
Despite some touting crypto as a hedge against traditional markets, digital assets today share a similar risk profile to commodities such as oil and gas, and tech and pharmaceutical stocks, according ...