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Latest Articles from Ed Johnson


8 hours
Climate Activists: Canada’s Support To Oil Sector Hit US$14 Billion In 2020
11 hours
Shell To Put Energy Transition Plan To Shareholder Vote
12 hours
Businesses Call For Market-Based Approach To Climate Change
13 hours
Mexican Parliament Passes Law That Restricts Fuel Imports Of Private Companies
14 hours
Executives Pay Deters Big Oil From Acting On Climate Change
1 day
Oil Soars 5% As Bullish News Mounts
1 day
Brazil Looks To Finance Fuel Subsidies With Oil Auctions
1 day
U.S. Boosts Oil Exports To Canada
1 day
The U.S. Power Sector Has Reduced Emissions By 52%
1 day
The Battle For European Oil Markets Is Heating Up ....

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Latest Articles from Ben Granger


8 hours
Brazil Looks To Finance Fuel Subsidies With Oil Auctions
9 hours
U.S. Boosts Oil Exports To Canada
10 hours
The U.S. Power Sector Has Reduced Emissions By 52%
11 hours
The Battle For European Oil Markets Is Heating Up
13 hours
Another Round Of Power Shortages Grips Texas
14 hours
High Battery Metal Prices Could Derail The EV Revolution
15 hours
Russia Begins Black Sea Drilling As Tensions Rise With Ukraine
1 day
WTI Prices Unmoved By Small Crude Draw, Gasoline Build
1 day
U.S. State And Local Officials Call On Biden To Ban New Oil Permits
1 day
Venture Capital Bets Big On Texas As World Capital Of Clean Energy Tech ....

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08Apr2021 Market Close: SP 500 Finishes At Record High, +17 Points, Nasdaq Gains 1% As Tech Rally Lifts Equities, DOW Closes Up 57 Points, US Dollar Slips Fractionally 92.08, Gold 1756


G-20 nearer to a deal on minimum corporate tax rate (SPY +0.5%). Big oil set to return to profit in 2021 and the WEI index improved again.
The Market in Perspective
Here are the headlines moving the markets.
Big Oil Set To Return To Profit In 2021
Vitol, Shell and Exxon are all expected to announce profits in Q1 2021 following a turbulent 2020. The three companies are profiting from increased oil demand and a rise in oil prices, giving analysts hope for a strong year in oil and gas. Shell announced this week that it expects to make its first profit from oil production in the first quarter of 2021 since the beginning of the Covid-19 pandemic. The company s upstream unit, which mainly manages crude exploration and production, has gained from the surge in oil prices over the past ....

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08Apr2021 Midday Update: India Looks To Buy More Iranian Oil As Spat With Saudis Escalates, WTI Crude At 59.68, DOW Trading Sideways At +15, Nasdaq Higher At +1.0%, SP 500 Trading At New Historic Highs


Here is the current market situation from CNN Money
North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Oil Slips As COVID Resurgence Threatens Demand Recovery
Oil prices dropped early on Thursday, following a record number of new daily COVID cases in major oil consumer India and a jump in U.S. gasoline stocks estimated by the EIA. As of 10:55 a.m. EDT on Thursday, WTI Crude prices were down 0.69 percent at $59.33 and Brent Crude was trading down 0.43 percent on the day at $62.87. Crude oil prices continued to reflect on Thursday a sizeable build in U.S. gasoline inventories reported by the Energy Information Administration (EIA) on Wednesday. The EIA reported a crude oil inventory draw of 3.5 million ....

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