An expert look at light crude oil market trends, Elliott Wave setups, and price targets impacting Western Canadian grain marketing and fuel costs.
APA Corporation has significantly outperformed the broader market over the past year, but analysts are cautious about the stock’s prospects.
September WTI crude oil (CLU26 ) on Wednesday closed up +5.20 (+6.56%), and September RBOB gasoline (RBU26 ) closed up +0.0815 (+2.59%). Crude oil and gasoline prices rallied sharply on Wednesday amid...
August Nymex natural gas (NGQ26 ) on Wednesday closed up +0.063 (+2.37%). Nat-gas prices rebounded from a 3-month nearest-futures low and settled higher amid fund short covering as Wednesday was the last...
September WTI crude oil (CLU26 ) today is up +5.31 (+6.70%), and September RBOB gasoline (RBU26 ) is up -0.0802 (+2.55%). Crude oil and gasoline prices are soaring today amid a fresh round of hostilities...
With BKR stock suffering a long string of negative sessions, historical trends suggest that the energy name could be due for a comeback.
The ceasefire didn't survive the week. Iran fired ballistic missiles at US forces overnight, and the US and Saudi Arabia hit back against Iran-backed militias in Iraq who'd already been drone-striking...
U.S.-Iran hostilities are on hold, Brent is correcting, but the risks and consequences haven't gone away.
September WTI crude oil (CLU26 ) on Tuesday closed down -3.35 (-4.06%), and September RBOB gasoline (RBU26 ) closed down -0.0253 (-0.80%). Crude oil and gasoline prices settled sharply lower on Tuesday...
August Nymex natural gas (NGQ26 ) on Tuesday closed down -0.105 (-3.79%). Nat-gas prices retreated for a fourth straight session on Tuesday and posted a 3-month nearest-futures low. Prices are under pressure...
