Sitting on a Cash Pile 10.0? Looking Ahead for Civil Infrastructure Services

Sitting on a Cash Pile 10.0? Looking Ahead for Civil Infrastructure Services

#cash #bullish #buy #risk $IEA Infrastructure and Energy Alternatives Inc. (NASDAQ:IEA) broke out on 25 September at 5.13 and confirmed on 11 January at 21.50, thus garnering an HeffX-LTN buy rating with a 30 price target mid-term. The Key support is 13.80 and there is no overhead resistance. Caveat: Our Buy rating assumes growth on […]

Crude Oil Demand Heads for Record Lows

Crude Oil Demand Heads for Record Lows

$OIL $USO “This is a sudden, instant demand shock, the scale of the decline is unprecedented.” Gasoline becomes more affordable, just when Americans do not need it.” Global Crude Oil consumption is heading to the biggest annual contraction in history, as more countries introduce unprecedented measures to fight the virus outbreak. Travel bans, work-from-home, canceled […]

US Under President Trump is a Net Crude Oil Exporter Ahead of 2020 Expectations

US Under President Trump is a Net Crude Oil Exporter Ahead of 2020 Expectations

$USO United States has cemented its status as a net exporter in world oil markets, and the dominance could affect its ties to foreign allies. The Energy Information Administration (EIA) reported Friday the United States exported 89,000 more barrels of crude oil and refined petroleum products a day than it imported in September, the 1st full […]

Record Fuel Inventories to Buffer Supply Shortfalls Caused by Harvey

Record Fuel Inventories to Buffer Supply Shortfalls Caused by Harvey

Record Fuel Inventories to Buffer Supply Shortfalls Caused by Harvey $USO, $UNG, $UGA Record Crude Oil and refined products stocks will cushion potential shortages caused by Hurricane Harvey, the International Energy Agency (IEA) said Tuesday, adding that it could release emergency oil stocks in the event of extended outages. Some Crude Oil production and about […]

Expect Bigger Crude Oil Surplus in Y 2017, Output Jumps

Expect Bigger Crude Oil Surplus in Y 2017, Output Jumps

Expect Bigger Crude Oil Surplus in Y 2017, Output Jumps $USO, $OIL According to OPEC’s report, October’s supply boost mostly came from Libya, Nigeria and Iraq OPEC reported an increase in its Crude Oil production in October to a record high led by members hoping to be exempt from the producer group’s attempt to curb […]

Saudi Crude Oil Exports at 7.622-M BPD in July

Saudi Crude Oil Exports at 7.622-M BPD in July

Saudi Crude Oil Exports at 7.622-M BPD in July $OIL The the Arab Kingdom produced a record high 10.673-M BPD in July Saudi Arabia’s Crude Oil exports rose in July as the kingdom pumped record high levels of Crude Oil, keeping the global market well supplied. The world’s largest Oil exporter has been maintaining high […]

Any Deal To “Freeze” Crude Oil Production To Have Limited Impact

Any Deal To “Freeze” Crude Oil Production To Have Limited Impact

Any Deal To “Freeze” Crude Oil Production To Have Limited Impact A deal to freeze Crude Oil production by OPEC and non-OPEC producers will have a limited impact on global supply and markets are unlikely to rebalance before Y 2017, the International Energy Agency (IEA) said Friday. The IEA, which oversees the energy policies of […]