2 hours Canada Issues Warning To U.S. Over Oil Pipeline Shutdown Order 19 hours Oil Prices Bolstered By Crude Inventory Draw 21 hours Tanker Rates Surge After U.S. Fuel Pipeline Outage 22 hours Jet Fuel Demand Rebound Needs Return Of International Flights 24 hours Nuclear Reactions At Chernobyl “Cause for Concern” 1 day Mexico s New Fuel Nationalization Law Hits Another Wall 1 day PDVSA Reveals How Much Cash It Would Take To Fully Restore Oil Industry 2 days How Long Will The Colonial Pipeline Outage Last? 2 days Texas Freeze Led To Biggest Monthly Drop In U.S. Natural Gas Output 2 days South Africa’s Emergency LNG-To-Power Deals Land In Hot Water
March 2021 CoreLogic Home Prices: Millennials propel home buying (SPY -0.6%). US trade deficit hits record high in March. Biggest movers: CVS Health, iRobot, Vaxart.
Here is the current market situation from CNN Money
European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Big Oil Hikes Dividends After Blowout Quarter Crude oil futures have rallied to their highest finish in six weeks, days after OPEC+ stuck with plans to gradually ease production curbs, signaling confidence in the demand outlook. The optimism has coincided with a breakout season for the S&P 500, with the Energy Sector (XLE) being particularly impressive. Indeed, Credit Suisse has issued an upgrade for the entire market, boosting its 2021 S&P target to 4,600 from 4,300 points, good for 10% upside from the current levels and a 24.3% gain for the ful
Amazon, Google and Netflix Are Fighting Over This Rare Gas
The next supply squeeze that may take markets by surprise isn’t lithium. It isn’t even a battery metal…
While everyone is distracted by the media barrage surrounding EVs, another commodity may be creating an investment opportunity to rival all …
We think it’s potentially bigger than the cannabis boom that reportedly netted some investors 1,000% gains.
It’s helium. And some experts say we’re running out of it.
It’s not just a niche commodity anymore. It’s not just about balloons. And we think it’s positioned to become the focus of increased investor interest.
The World s Richest Companies Are Fighting Over A Rare Gas
- FN Media Group Presents Oilprice.com Market Commentary
LONDON, April 29, 2021 /PRNewswire/ The next supply squeeze that may take markets by surprise isn t lithium. It isn t even a battery metal …While everyone is distracted by the media barrage surrounding EVs, another commodity may be creating an investment opportunity to rival all … Mentioned in today s commentary includes
: Apple Inc. (NASDAQ: AAPL), Westport Fuel Systems Inc. (NASDAQ: WPRT), Enphase Energy, Inc. (NASDAQ: ENPH).
It s helium. And some experts say we re running out of it. It s not just a niche commodity anymore. It s not just about balloons. And we think it s positioned to become the focus of increased investor interest.
Why Helium Could Be The Next Commodity To Boom
Every once in a while, a niche commodity - usually a relatively rare one - comes along that the world simply can’t get enough of.
Normally, the investment script reads something like this: Word gets out about a looming shortage of a certain commodity; Small-cap natural resource companies quickly “pivot” to said commodity, and the next thing you know a surge of investment interest and commodity bubble quickly follow.
It’s happened with numerous rare earth metals, potash, graphite, cobalt, vanadium, and even marijuana (though not strictly a commodity) …
We think that’s the position of a little-known Canadian stock