US energy groups soar after Opec agreement
November 30, 2016 by: Adam Samson and Gregory Meyer in New York The shares of US energy groups soared on Wednesday, emerging as early winners from Opec’s pact to curb production for the first ti...
Month: November 2016
Oil producers now more price sensitive: Expert
Oil producers, like Saudi Arabia, used to fight for market share but are becoming more price sensitive, says Craig McMahon at Wood Mackenzie. The article Oil producers now more price sensitive: Exper...
Senior senators want to amend Saudi September 11 law
© Reuters. U.S. Senator Lindsey Graham speaks to reporters in Kabul, Afghanistan WASHINGTON (Reuters) – Two senior U.S. senators said on Wednesday they want to amend a law allowing lawsuits...
Marathon Petroleum CEO thinks the oil glut will finally come to an end
Jim Cramer spoke with Gary Heminger, who says the supply of crude could be in balance shortly. The article Marathon Petroleum CEO thinks the oil glut will finally come to an end was originally publi...
Brazil prosecutors blast lawmakers for gutting corruption bill
Brazil prosecutors blast lawmakers for gutting corruption bill BRASILIA (Reuters) – Prosecutors investigating Brazil’s biggest-ever graft scandal threatened to resign en masse on Wednesday...
Levi's CEO asks shoppers to leave their guns at home
© Reuters. Chip Bergh, President and CEO of Levi Strauss, participates in a panel discussion at the 2015 Fortune Global Forum in San Francisco By Curtis Skinner SAN FRANCISCO (Reuters) – Th...
Brazil prosecutors blast lawmakers for gutting corruption bill
Nov 30 Prosecutors investigating Brazil’s biggest-ever graft scandal threatened to resign en masse on Wednesday if a move to gut an anti-corruption bill won approval from legislators as the nati...
Mexico stocks lower at close of trade; IPC down 0.12%
Mexico stocks lower at close of trade; IPC down 0.12% Investing.com – Mexico stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. At the close in Mexi...
A New Triple Leveraged Oil ETF Is Coming Soon
Many traders were understandably disappointed when Credit Suisse unexpectedly announced they would shutter their two triple leveraged oil funds next month, but another issuer is wasting no time in ste...
Markets are ‘stalled out’: Investor
Oil stocks might have surged on news of the OPEC deal but the markets are largely stalled out, says Hugh Johnson at Hugh Johnson Advisors. The article Markets are 'stalled out': Investor was origina...