Lockdowns Ease, Demand Hopes Rise, Crude Oil Price Spikes

Lockdowns Ease,  Demand Hopes Rise, Crude Oil Price Spikes

$USO $OIL WTI Crude Oil prices spiked Tuesday, as some European and Asian countries along with several US states began to ease C-19 coronavirus lockdown measures. The rally extended Brent Crude Oil gains to 6 days running, while US WTI Crude Oil has rallied for 5 straight sessions. Fuel demand worldwide was down about 30% in […]

Crude Oil Responds to President Trump’s Efforts to Stabilize the World Market

Crude Oil Responds to President Trump’s Efforts to Stabilize the World Market

$DIA $SPY $QQQ $RUTX $USO $OIL $VXX Friday afternoon, President Trump met with Big Oil company executives at the White House to discuss this Oil price decline threatening their businesses, brought on by the coronavirus outbreak and a Saudi-Russia price war. “We will work this out and we will get our energy business back,” President Trump […]

Gloom on Wall Street, Lower Crude Oil Prices Hit Stocks Globally

Gloom on Wall Street, Lower Crude Oil Prices Hit Stocks Globally

Gloom on Wall Street, Lower Crude Oil Prices Hit Stocks Globally $DIA, $SPY, $QQQ, $VXX Global stock markets fell Wednesday after some disappointing earnings reports and as a drop in Crude Oil prices dragged down shares in energy companies. The FTSE 100 of Britain dropped 1% to 6,949 while Germany’s DAX fell 1% as well, […]

New EPA Rules Target Methane Leaks, Flaring & Venting

New EPA Rules Target Methane Leaks, Flaring & Venting

New EPA Rules Target Methane Leaks, Flaring & Venting Following US President Barack Obama’s promise to cut toxic methane leaks at Oil & Gas facilities, the US Environmental Protection Agency (EPA) on Thursday, 12 May announced the US government’s “1st-ever” set of standards to reduce such emissions. The new regulations were criticized by environmentalist critics as not far-reaching enough. The […]