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This week, the Biden administration announced the release of 15 million barrels of oil from the U.S. Strategic Petroleum Reserve (SPR). The Biden administration began releasing oil from the SPR early...
Henry Hub’s front-month trades decisively below $6 vs. late August high of $10 More pain for gas longs as heating demand lower than year-ago bearish levels US utilities likely added a...
The S&P 500 finished the day lower yesterday by around 70 bps, despite being up more than 1% in the overnight trading session. The gains evaporated as the dollar surged and rates rose sharply. The...
Reports Q3 2022 results on Friday, Oct. 21, before the open Revenue Expectation: $7.1B; EPS Expectation: $0.55 Schlumberger is on track to post its largest annual sales since pre-pandemic days Oil and...
There's a seemingly easy bear case for BAC amid rising recession risks But rising interest rates suggest a big tailwind to earnings — bigger than even BofA projected All told, earnings can hold...
Groupthink is a psychological phenomenon that occurs within a group of people and leads to irrational or dysfunctional decision-making Those who bought NFLX last year are still far from recovering...
Rising interest rates, accelerating inflation, and a slowing economy dent sentiment High-growth technology stocks are the worst-performing group of the year Tech selloff has created buying...
Cotton could finish year as third worst-performing commodity Cotton, which hit 18-month lows of under 82 cents per lb, could drop to 70 cents Despite plunge in Pakistani production, outlook for cotton...