Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the bull market Read more
Tag: Crude Oil/Natural Gas Product Markets
Opinion: Opinion: Global cooperation is not necessary to fight climate change
PROVIDENCE, R.I. (Project Syndicate)—This week’s United Nations Climate Change Conference (COP27) in Egypt highlights the growing consensus that multilateral cooperation is necessary to avert environmental catastrophe. But with geopolitical tensions Read more
‘Extraordinarily low’ U.S. diesel supplies keep prices for the fuel high at the pump
Gasoline prices have started to hit the brakes, but it has been full steam ahead for diesel, with U.S. supplies of the fuel used in freight transportation and agriculture dropping Read more
Why you can’t count on another SPR oil release to cut gasoline prices at the pump
Speculation that the Biden administration will soon announce the release of more oil from the U.S. Strategic Petroleum Reserve put pressure on oil prices Tuesday, but analysts don’t expect such Read more
U.S., allies work to reach agreement on price level for Russian oil cap ahead of Dec. 5 deadline
WASHINGTON—The U.S. and its partners are rushing to hammer out an agreement on a level for a price cap on Russian oil in the next couple of weeks as they seek to Read more
Opinion: The U.S. needs a unified energy industry to deal with soaring oil prices, OPEC+ and climate change
Americans are paying 25% more for gasoline than they did a year ago. Higher gas prices force difficult decisions about buying food, paying rent and other essentials. Some argue it’s Read more
10 energy stocks that are analysts’ favorites as OPEC makes oil-production cuts
The OPEC+ group of oil-producing countries has agreed on a drastic cut to the global supply. The speculation has helped oil reverse its recent declines. And that means it’s time Read more
Opinion: 4 reasons you should buy energy stocks right now if you are a long-term investor
This has been a painful year for stock market investors, as nothing seems to be working. There is an exception: Energy. It’s the best-performing sector and might still be a Read more
Opinion: 4 reasons you should buy energy stocks right now if you are a long-term investor
This has been a painful year for stock market investors, as nothing seems to be working. There is an exception: Energy. It’s the best-performing sector and might still be a Read more
U.S. oil prices fall more than 3% as weaker gasoline demand allows fuel inventories to rise
Oil futures fell sharply on Thursday, extending a decline seen after a counter-seasonal rise in U.S. gasoline inventories reflecting falling demand. Also on Thursday, prices for natural-gas futures gave up Read more
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