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Oil Extends Surge After Drone Strike Fuels U.S.-Iran Tensions   Jun 21, 2019
(Bloomberg) -- Oil ramped higher after further attacks by Iran and its proxies on U.S. and Saudi assets in the Middle East prompted President Donald Trump to warn the Islamic Republic had made ... Yahoo Finance  

UPDATE 1-CANADA FX DEBT-Loonie climbs to 3-month high on oil rally, dovish Fed   Jun 21, 2019
* Canadian dollar rises 0.7% against the greenback * Loonie touches strongest level since March 1 at 1.3151 * Price of oil increases 5.4% * Canada-U.S. 2-year spread at narrowest since February 2018 (Adds portfolio manager quotes and details throughout ... Reuters  

Oil prices extend gains amid Middle East tensions, rate cut hopes   Jun 21, 2019
TOKYO (Reuters) - Oil prices rose on Friday, with Brent crude heading for its first weekly gain in five weeks on tensions in the Middle East after Iran shot down a U.S. military drone and on hopes for a drop in U.S. interest rates that may stimulate global ... Reuters  

RPT-COLUMN-Australian resource companies are becoming renewable energy believers: Russell   Jun 21, 2019
The other factor is that some of the projects involving renewables are designed to replace the use of natural gas to power operations, such as at ConocoPhillips’ Darwin LNG plant. In theory this should make more gas available for processing, which could ... Reuters  

RPT-Russia's Transneft says new oil contamination found in Druzhba pipeline - RBC   Jun 21, 2019
MOSCOW, June 20 (Reuters) - Russian pipeline monopoly Transneft said on Thursday that more contaminated oil had been found at a section of the Druzhba pipeline from Belarus to Poland, the RBC media portal said. Pumping was suspended on Wednesday evening ... Reuters  

Oil Pares Advance as Trump U-Turns on Retaliatory Iran Strike   Jun 21, 2019
Brent oil pared its biggest weekly gain in four months after President Donald Trump pulled back from retaliatory strikes on Iran for downing a U.S. drone as tensions flare in the Middle East. While crude has rallied on Mideast tensions, an entrenched U.S ... Bloomberg L.P.  

Crude Oil Price Forecast – Crude oil markets levitate ahead of the Federal Reserve   Jun 21, 2019
The WTI Crude Oil market went back and forth during the trading session on Wednesday, as we continue to bounce around underneath the $55 level. That’s an area that is significant resistance and ... Yahoo Finance  

Oil Set for Weekly Gain as Mideast Tensions Simmer After Attacks   Jun 21, 2019
(Bloomberg) -- Brent oil is set for its biggest weekly gain in four months as tensions flared in the Middle East after Iran shot down a U.S. Navy drone in the Persian Gulf, even as President ... Yahoo Finance  

Wyoming oil refinery agrees to $1.6M emissions settlement   Jun 21, 2019
CASPER, Wyo. (AP) — A Wyoming oil refining company is expected to pay $1.6 million in penalties for what the government says were emissions violations. The Casper Star-Tribune reports that Sinclair Wyoming Refining Company in Sinclair agreed to the ... Associated Press  

Natural Gas Price Prediction – Prices Drop Sharply Following EIA Inventory Report   Jun 21, 2019
Natural gas prices tumbled on Thursday continuing its downtrend following a larger than expected rise in natural gas inventories reported by the Department of Energy. The tractor of inventory ... Yahoo Finance  

Prima Marine PCL (SET: PRM) expects strong growth in 2019   Jun 21, 2019
Recently, it won five prestigious awards from The Shell Company of Thailand: Best Ship Owner Award 2018 ... The remarkable achievement confirmed its leadership in marine oil transport and its capacity to provide efficient solutions and maintain world ... Yahoo7 Finance  

Cimarex Energy: A Good Value At Its Current Share Price   Jun 21, 2019
Cimarex increased its total production guidance by 3% and its oil production guidance by 1%. It is now projected to have roughly neutral cash flow in 2019 after dividend payments and at current ... Seeking Alpha  

Natural Gas Price Forecast – Natural gas markets continue to lower value   Jun 21, 2019
Natural gas markets went back and forth in relatively unchanged action during the trading session on Wednesday, as we are getting close to the inventory figure and perhaps even more importantly ... Yahoo Finance  

Natural Gas Price Prediction – Prices Tumble Ahead of EIA Report   Jun 21, 2019
Natural gas prices tumbled on Wednesday breaking down below support levels. Prices are facing headwinds as cooling demand has been lighter than expected do to milder than normal weather that has ... Yahoo Finance  

S&P 500 index closes at record high as stock rally continues   Jun 21, 2019
The spike in oil prices sent energy sector stocks broadly higher. Noble Energy gained 6.2%. Benchmark crude oil rose 5.4% to settle at $56.65 a barrel. Brent crude oil, the international standard ... Yahoo Finance  

Norway Rushes to Hike Interest Rates Before Oil-Stoked Boom Ends   Jun 20, 2019
Norway’s central bank is on a lonely march toward higher interest rates, torn between an oil industry running at full speed on its home turf and slowing growth abroad. Governor Oystein Olsen’s commitment to tightening has surprised markets with a more ... Bloomberg L.P.  

Factors That Make Chevron (CVX) an Enticing Investment Pick   Jun 20, 2019
The company has decided to increase the repurchase program to $5 billion by utilizing the $1 billion of cash termination fee it received from the failed acquisition of Anadarko Petroleum Corp. APC. Yahoo Finance  

This Is How The U.S. Plans To Cripple Iran’s Economy   Jun 20, 2019
For its part, Germany maintains that the full-cost based breakeven price of U.S. liquefied natural gas (LNG) supplies to Europe stands now at no more than US$6 to US$7.50 per million British ... OilPrice  

Beach, Oil Search, & Santos shares on watch after oil prices surge higher   Jun 20, 2019
It looks set to be a positive end to the week for Australian energy producers such as BHP Group Ltd (ASX: BHP), Oil Search Limited (ASX: OSH), and Woodside Petroleum Limited (ASX: WPL) after oil prices surged higher overnight. According to Bloomberg, the ... Yahoo7 Finance  

Natural Gas Price Forecast – Natural gas markets collapsed again   Jun 20, 2019
Natural gas markets fell yet again during the trading session on Thursday, as we continue to see a lot of exhaustion in demand and of course concerns about the global economy if the Federal ... Yahoo Finance  

Capitalism vs Climate Change: The Venture Capitalists' Perspective   Jun 20, 2019
including oil sands firm Canadian Natural Resources. After Keith had worked on building out his idea at the Carbon Engineering pilot plant in Squamish British Columbia, McDermott saw that CE’s technology had a viable pathway to profitability. Then and ... Forbes  

Crude Oil Price Forecast – Crude oil markets explode to the upside   Jun 20, 2019
The WTI Crude Oil market has rallied significantly during the trading session on Thursday, gaining as much is 5% early in your, reaching towards the 50 day EMA. However, there is a lot of ... Yahoo Finance  

Is Bakken Oil Production Set For An Unexpected Drop?   Jun 20, 2019
North Dakota set an oil production record in January this year, and crude output in the state home to the Bakken shale play held close to that record level in the three months that followed. OilPrice  

S&P 500 index closes at record high as stock rally continues   Jun 20, 2019
United Rentals climbed 3.4%. The spike in oil prices sent energy sector stocks broadly higher. Noble Energy gained 6.2%. Benchmark crude oil rose 5.4% to settle at $56.65 a barrel. Brent crude oil, the international standard, rose 4.3% to close at $64.45 a ... Houston Chronicle  

S&P 500 ends at record on dovish Fed, rally in oil shares   Jun 20, 2019
The S&P 500 finished at a record high Thursday, boosted by a rally in oil-linked shares amid new US-Iran tensions and continued positive sentiment over the Federal Reserve's dovish tilt. The broad-based equity index ended the day at 2,954.18, up 1.0 ... Yahoo Singapore Finance  

Chevron-Phillips JV planning to bid $15B for Nova Chemicals - Reuters   Jun 20, 2019
Chevron Phillips Chemical, the joint venture between Chevron (NYSE:CVX) and Phillips 66 (NYSE:PSX), has offered to acquire Canadian plastics maker Nova Chemicals Corp. for more than $15B including ... Seeking Alpha  

Loonie climbs to three-month high on oil rally, dovish Fed   Jun 20, 2019
TORONTO (Reuters) - The Canadian dollar strengthened to a three-month high against its U.S. counterpart on Thursday as oil prices surged and the greenback was pressured by the prospect of interest ... Yahoo Finance  

Oil and gold prices surge as U.S.-Iran tensions mount   Jun 20, 2019
Oil surging after President Trump told reporters that the public will 'find out' about America's response to Iran's shooting down a U.S. military drone. Yahoo Finance's Seana Smith and managing ... Yahoo Finance  

Oil prices rise after Iran shoots down US drone   Jun 20, 2019
Foundation for Defense of Democracies’ Jonathan Schanzer and Liberty Oilfield Services CEO Chris Wright discuss Iran’s attack on a U.S. drone and how oil prices are being affected by the U.S ... Yahoo Finance  

Americans evacuated from Iraq after rocket attack on ExxonMobil headquarters   Jun 20, 2019
A short range rocket slammed into the Iraqi headquarters of ExxonMobil, with some officials blaming Iranian-backed militias for the attack. The evacuation comes as two attacks in two days were reported on U.S. bases in Iraq, and after attacks on oil ... NBC News  

Oil Prices Could Rise As Persian Gulf Becomes ‘Danger Zone’ For Tankers   Jun 20, 2019
21 hours The Magic and Wonders of US Shale Supply: Keeping energy price shock minimised: US oil supply keeping lid on prices despite global risks: IEA chief Tsvetana is a writer for Oilprice.com ... OilPrice  

Bullish EIA Data Pushes Oil Prices Higher   Jun 20, 2019
6 hours Pioneer CEO Said U.S. Oil Production would be up to 15 mm bbls/day NOW if we had the pipelines. Permian pipelines STARTING Q3 20 hours The Magic and Wonders of US Shale Supply: Keeping ... OilPrice  

BP Chief Pushes Renewable Investment Boost   Jun 20, 2019
Global oil consumption increased by 1.5 percent to a new all-time high. And natural gas consumption was up over 5 percent, one of the strongest rates of growth for over 30 years. Thus, even though ... OilPrice  

Oil Jumps 6% After Iran Downs U.S. Drone; 'Very Big Mistake' Says Trump   Jun 20, 2019
Investing.com - Iran’s downing of a U.S. drone has given oil prices their biggest boost on the year and President Donald Trump’s tweet that Tehran had made “a very big mistake” leaves the ... Yahoo Finance  

Trump Weighs Limits on Uranium Imports After Commerce Cites Security Risk   Jun 20, 2019
Energy Fuels Inc. and Ur-Energy Inc. The move would increase costs for nuclear reactor operators that are already struggling in the face of competition from cheaper sources of power generated by natural gas and renewables. Domestic nuclear providers rose ... Bloomberg L.P.  

Easy Come, Easy Go: How Granite Oil (TSE:GXO) Shareholders Torched 98% Of Their Cash   Jun 20, 2019
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Long term investing is the way to go, but that doesn't mean you should ... Yahoo Finance  

Crude Oil Price Update – Trend Changed to Up; First Target $57.41   Jun 20, 2019
U.S. West Texas Intermediate crude oil futures are trading higher on Thursday for a number of reasons. These reasons include a larger-than-expected draw in U.S. stockpiles and a weaker U.S. Dollar. Yahoo Finance  

Is it Finally Time to Buy Energy Stocks?   Jun 20, 2019
3. CNX Resources Corp. CNX shares have fallen 35.7% year-to-date even though the natural gas E&P has been buying back shares with cash and has reduced share count by 15%. It expects $500 million ... Yahoo Finance  

Oil Spikes On Soaring U.S., Iran Tensions   Jun 20, 2019
Oil prices spiked on Thursday after Iran shot down a U.S. drone over the vital oil shipping lane, the Strait of Hormuz, in the latest escalation of the U.S.-Iran standoff in the Middle East that ... OilPrice  

Stocks making the biggest moves midday: Oracle, Slack, Carnival & more   Jun 20, 2019
Exxon Mobil, Noble Energy, Devon Energy — Energy shares jumped with the price of oil as tensions between Iran and the U.S. intensified after a drone was shot down over Iranian airspace. President Donald Trump reacted to the event by tweeting "Iran made a ... Yahoo Singapore Finance  

India Looks To Russian Crude As Iranian Imports Crash   Jun 20, 2019
Russia, as one of the world’s largest oil and natural gas producers could become an important source to meet India’s energy needs, Pradhan said last September. India buys a large part of its c ... OilPrice  

Oil jumps 5% on Iran tension, potential U.S. fed rate cut   Jun 20, 2019
NEW YORK (Reuters) - Oil soared more than 5% higher on Thursday after Iran shot down a U.S. military drone, raising fears of a military confrontation between Tehran and Washington. Expectations that the U.S. Federal Reserve could cut interest rates at its ... Yahoo Singapore Finance  

Recent DVN News   Jun 20, 2019
Presenters from Callon Petroleum, WPX, DCP Midstream, BPX, Devon Energy, and Venado Oil and Gas shared their experiences, what ThoughtTrace VP of Success, Kurt Kemmerly, says the conference is all about. "REALIZE is designed to be an integral part of the ... Bloomberg L.P.  

Oil prices spike after Iran shoots down American drone   Jun 20, 2019
New York (CNN Business)Oil prices spiked as tensions between the United States and Iran escalated. The price of US oil soared 6% above $57 a barrel. Iran's Revolutionary Guard said it had shot down an a US military drone. Investors feared an armed conflict ... CNN.com  

What Are Analysts Expecting From Murphy Oil Corporation (NYSE:MUR) In Next 12 Months?   Jun 20, 2019
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Looking at Murphy Oil Corporation's (NYSE:MUR) earnings update in March ... Yahoo Finance  

Gulf oil producers to maintain output within OPEC target in July - sources   Jun 20, 2019
DUBAI (Reuters) - Gulf OPEC producers will keep their July oil production within their OPEC target despite the current global supply cut pact expiring at end of June, OPEC sources said on Thursday, a signal that the Gulf exporters are reluctant to boost ... Yahoo Singapore Finance  

A $1 Trillion Energy Opportunity The U.S. Can’t Afford To Miss   Jun 20, 2019
There are also plans to boost the share of natural gas in the energy mix from 7 percent now to 14 percent, writes Dipka Bhambhani for Forbes. That’s a lot of opportunities for any energy company. OilPrice  

Iran Exposes Oil's Sea Change in the Persian Gulf   Jun 20, 2019
Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities. He previously was editor of the Wall Street Journal's Heard on the Street column and wrote for the Financial Times' Lex column. He was also an investment banker. Bloomberg L.P.  

Russia Squeezing Embattled Venezuela for Tax-Free Gas Expansion   Jun 20, 2019
In your inbox before the open, every day. Sign up here. Russia’s state-controlled oil giant, Rosneft PJSC, is extracting concessions from crisis-ridden Venezuela to enter the offshore natural gas market on the cheap, a potential headache for the U.S. and ... Finance Yahoo  

Recent NBL News   Jun 20, 2019
No additional news stories are available for NBL at this time. HOUSTON--(BUSINESS WIRE)--Jun. 18, 2019-- Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or “the Company” ) will host a conference call to discuss its second quarter 2019 results on ... Bloomberg L.P.  

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