Commodities Archives - Page 180 of 260

2 minute read

Fat Profits Of Exxon, Chevron & Co. To Get Fatter? Oil ‘Big Winner’ Thanks To China’s Reopening

March 23, 9:38 AM

Oil rallied through the first half of 2022 and peaked at $123.68 on June 14. The commodity trimmed its gain in the second half but ended the year with roughly a 7% gain as opposed to the losses experienced by most other asset classes.

CVX

2 minute read

Banking Crisis Sparks Gold Frenzy: Analysts Expect Bullion Prices To Shatter Previous Records

By Bhavik Nair

March 22, 4:33 AM

As the Federal Reserve is scheduled to announce its monetary policy amid the lingering banking crisis, analysts say gold prices have more potential to rise and possibly break all-time highs.

GLD

2 minute read

S&P 500 Rises 0.8%; New York Community Bancorp Shares Spike Higher

By Lisa Levin

March 20, 3:10 PM

U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining more than 300 points on Monday. The Dow traded up 1.04% to 32,192.75 while the NASDAQ rose 0.30% to 11,665.73. The S&P 500, also rose, gaining, 0.80% to 3,947.80.

ALLR

1 minute read

Libya’s Oil Minister Says If US Congress Approves NOPEC Bill, It Will Lead To Destabilization Of Oil Market

By Bill Haddad

March 20, 1:46 PM

-Reuters

USO

2 minute read

Crude Oil Down 2%; Enzo Biochem Shares Spike Higher

By Lisa Levin

March 17, 12:42 PM

U.S. stocks traded lower midway through trading, with the Dow Jones dropping more than 300 points on Friday. The Dow traded down 1.07% to 31,899.93 while the NASDAQ fell 0.68% to 11,638.13. The S&P 500, also fell, dropping, 0.94% to 3,923.10.

ACER

2 minute read

US Stocks Tumble; Dow Drops Over 400 Points

By Lisa Levin

March 17, 11:02 AM

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 400 points on Friday. The Dow traded down 1.30% to 31,825.91 while the NASDAQ fell 0.97% to 11,603.08. The S&P 500, also fell, dropping, 1.21% to 3,912.39.

COOK

1 minute read

Eni Announced A New Discovery Offshore Mexico; May Contain ~200M Barrels Of Oil

By Charles Gross

March 17, 5:14 AM

Eni announces a new discovery on the Yatzil exploration prospect in Block 7, located in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico. According to preliminary estimates, the new finding may contain around 200 million barrels of oil (MBoe) in place.

1 minute read

Warren Buffett’s Berkshire Hathaway Boosts Its Stake In Occidental Petroleum

By Vandana Singh

March 16, 8:26 AM

Warren Buffett’s Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) acquired more shares in Occidental Petroleum Corp (NYSE: OXY), increasing its stake to about…

BRK-A

3 minute read

S&P 500 Down Over 1%; ThermoGenesis Shares Spike Higher

By Lisa Levin

March 15, 3:11 PM

U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping over 400 points on Wednesday. The Dow traded down 1.32% to 31,732.39 while the NASDAQ fell 0.24% to 11,400.70. The S&P 500, also fell, dropping, 1.11% to 3,875.80.

APEI

2 minute read

Biden The Master Oil Trader Part Deux? Crude Prices Plummet. Is A Government Windfall Coming?

By Adam Eckert

March 15, 2:03 PM

The crude oil market continues to crumble Wednesday, and it's possible the U.S.

SIVB