Rich Asplund on 09/16/2024

Crude Posts a 1-Week High on Dollar Weakness and Disruption to Libyan Crude Exports

Oct WTI crude oil (CLV24 ) today is up +1.19 (+1.73%), and Oct RBOB gasoline (RBV24 ) is up +4.02 (+2.085%). Crude oil and gasoline prices today climbed to 1-week highs and are moderately higher. Today's slide in the dollar index (DXY00 ) to a 1-week low is bullish for...Oil - An oil tanker out at

R Rich Asplund
Rashmi Kumari on 09/16/2024

Is Halliburton Stock Underperforming the S&P 500?

Halliburton has recently underperformed the S&P 500, and Wall Street analysts are bullish about the stock’s prospects.Energy - Halliburton Co_ logo and chart data- by Piotr Swat via Shutterstock

R Rashmi Kumari
Oleksandr Pylypenko on 09/16/2024

3 Energy Dividend Stocks to Grab While They're Cheap

With oil prices near cyclical lows and a soft economic landing still possible, now may be the time to buy the dip on these energy dividend stocks.Oil - The index of oil up by Pashalgnatov via istock

O Oleksandr Pylypenko
Don Dawson on 09/16/2024

Cheaper Gasoline Prices And Higher Crude Oil Prices: But Why?

Gasoline prices typically fall in the autumn and early winter as demand decreases and gasoline retailers switch to cheaper winter-blend fuels. Additionally, Americans take fewer trips during this period, further reducing demand. OPEC is expected to increase production in December, which could contri

D Don Dawson
Susan Stroud on 09/16/2024

No Bull | The Five Spot

5 | What goes up must come down Ethanol has all but lost its year-long run at an extreme discount to gasoline. The collapse in gasoline has left futures trading at their smallest premium over ethanol since October 2023: 4 | Top Four Putting 2023/24 exports in perspective, you can...Corn - Large corn

S Susan Stroud
Rich Asplund on 09/16/2024

Nat-gas Prices Relinquish Early Gains as Gulf Production Comes Back Online

October Nymex natural gas (NGV24 ) on Friday closed down by -0.052 (-2.21%). Oct nat-gas prices Friday fell back from a 2-month nearest-futures high and posted moderate losses. Long liquidation emerged in nat-gas futures Friday on reports of US nat-gas production and deliveries coming back online a

R Rich Asplund
Rich Asplund on 09/16/2024

Crude Gives Up Early Gains as the Effects of Tropical Storm Francine Subside

Oct WTI crude oil (CLV24 ) Friday closed down -0.32 (-0.46%), and Oct RBOB gasoline (RBV24 ) closed up +0.32 (+0.17%). Crude oil and gasoline prices settled mixed on Friday. Crude fell back from a 1-week high and posted moderate losses after oil producers began bringing crude output back online...O

R Rich Asplund
Andrew Hecht on 09/16/2024

Crude Oil and the U.S. Election

Crude oil remains the energy commodity that powers the world despite the increasing initiatives to combat climate change. Crude oil prices have been trending lower, but the geopolitical landscape and questions about the future of U.S. energy policy could mean the energy commodity is close to a botto

A Andrew Hecht
Neha Panjwani on 09/16/2024

Is EOG Resources Stock Underperforming the Nasdaq?

EOG Resources has underperformed the Nasdaq over the past year, but analysts are moderately optimistic about the stock’s prospects.Energy - EOG Resources, Inc_ logo and chart- by IgorGolovniov via Shutterstock

N Neha Panjwani
Rich Asplund on 09/16/2024

Crude Rallies on Dollar Weakness and Reduced US Crude Output

Oct WTI crude oil (CLV24 ) today is up +0.69 (+1.00%), and Oct RBOB gasoline (RBV24 ) is up +2.67 (+1.39%). Crude oil and gasoline prices today climbed to 1-week highs and are moderately higher. Today's decline in the dollar index (DXY00 ) to a -week low is bullish for...Oil - Offshore drilling rig

R Rich Asplund
Rashmi Kumari on 09/16/2024

Is Phillips 66 Stock Underperforming the Nasdaq?

Phillips 66 has recently underperformed in the Nasdaq, but Wall Street analysts are moderately optimistic about the stock’s prospects.Energy - Phillips 66 logo- by Jonathan Weiss via Shutterstock

R Rashmi Kumari
Aditya Sarawgi on 09/16/2024

Is Kinder Morgan Stock Underperforming the Nasdaq?

Kinder Morgan has lagged behind the Nasdaq Composite over the past year, yet analysts remain moderately bullish on the stock’s prospects.Energy - Kinder Morgan Inc magnified logo-by Casimiro PT via Shutterstock

A Aditya Sarawgi
Jim Rinaudo on 09/16/2024

October WTI 9/12/24

The Oct WTI trading session settled at 68.97 (+1.66) , had a high of 69.81, a low of 67.24. Cash price is at 67.29 (+1.50), while open interest came in at 219,822. Higher on the day by 2.47% CLV traded above its 7 day (68.39) but below its 20 day...Oil - Stacked oil barrels by JONGHO SHIN via iStock

J Jim Rinaudo
Rich Asplund on 09/16/2024

Nat-gas Prices Jump as Weekly EIA Inventories Climb Less Than Expected

October Nymex natural gas (NGV24 ) on Thursday closed up by +0.087 (+3.83%). Oct nat-gas prices Thursday jumped to a 3-week high on a lower-than-expected build in weekly EIA nat-gas supplies. The EIA reported Thursday that weekly nat-gas inventories rose +40 bcf, below expectations of +48 bcf. Na

R Rich Asplund
Rich Asplund on 09/16/2024

Crude Finishes Higher as Tropical Storm Francine Disrupts US Gulf Crude Production

Oct WTI crude oil (CLV24 ) Thursday closed up +1.66 (+2.47%), and Oct RBOB gasoline (RBV24 ) closed up +2.98 (+1.57%). Crude oil and gasoline prices rallied for a second day on Thursday. Crude oil prices moved higher as tropical storm Francine disrupted US crude production in the Gulf of...Oil - Oi

R Rich Asplund