US Rig Count Climbs on Oil Rig Gains
For the week ending 09/Aug, the US rig count rose by 2 to 588, driven by a 3-rig increase in oil rigs, while gas rigs fell by 1. US crude output...
199 Views
[ETP 32/2024] Oil Prices Rebound; Occidental, Exxon, and Aramco Beat Earnings Estimates
US crude inventory falls. Nat-gas inventory up YoY. Oxy beats Q2 EPS estimates by 32%. XOM & Aramco beat forecasts. WTI IVs soared to YTD high of...
312 Views
Oil and Gas Weather Black Monday Storm Relatively Unscathed
​Crude oil prices dipped on Monday but outperformed other commodities and equities. Rising Middle East tensions, Libya oil field shutdown, and DXY...
257 Views
Oil & Gas Giants Hit by Recession-Driven Sell-Off but Outperform the S&P 500
​Energy stocks outperformed the S&P 500 on Monday despite a drop in crude oil prices, with elevated volume PCR and rising IV for most oil & gas...
258 Views
Drop in Gas Rigs Drives US Rig Count Downward
As of the week ending 02/Aug, the U.S. total rig count fell by 3 to 586, marking a decline for the first time in three weeks. Oil rigs remained...
215 Views