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Energy News and Commentary

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Tue, May 14th, 2024
Crude Rallies on Dollar Weakness and Chinese Energy Demand Optimism

June WTI crude oil (CLM24 ) on Monday closed up +0.86 (+1.10%), and June RBOB gasoline (RBM24 ) closed up +1.08 (+0.43%). Crude oil and gasoline prices posted moderate gains on Monday. A weaker dollar...

CLM24 : 78.95 (-0.21%)
RBN24 : 2.4873 (-0.38%)
Nat-Gas Prices Surge on the Outlook for Warm US Temps

June Nymex natural gas (NGM24 ) on Monday closed up +0.129 (+5.73%). June nat-gas prices on Monday rallied to a new 3-1/2 month nearest-futures high and settled sharply higher. Prices rallied on the outlook...

NGN24 : 2.551 (-1.39%)
Uranium Miners ETF (URA) Extends Impulsive Rally

The Uranium ETF (URA) is an exchange-traded fund that aims to track the performance of companies involved in the uranium mining industry. It provides investors with exposure to the global uranium sector,...

URA : 30.85 (-1.19%)
Are Wall Street Analysts Bullish on PG&E Corporation Stock?

While PG&E Corporation has underperformed many of its peers and the overall market this year, Wall Street analysts believe the stock has a modest upside.

PCG : 17.87 (+0.22%)
$SPX : 5,221.42 (-0.02%)
XLU : 71.27 (unch)
JPM : 198.73 (-0.02%)
Crude Pushes Higher on Dollar Weakness and Chinese Energy Demand Optimism

June WTI crude oil (CLM24) this morning is up +0.55 (+0.70%), and June RBOB gasoline (RBM24) is up +1.50 (+0.60%). Crude oil and gasoline prices today are moderately higher. A weaker dollar today is supportive...

3 Natural Gas Stocks to Invest in Rising AI Data Center Demand

As AI technology fuels data center demand, leading investment bank Goldman Sachs has identified three natural gas stocks that could be ideal buys now.

GS : 453.56 (-0.26%)
NGM24 : 2.341 (-1.68%)
WMB : 39.66 (+0.05%)
XLE : 93.58 (-0.27%)
KMI : 19.15 (+0.37%)
EQT : 39.79 (+2.21%)
PR : 16.76 (+1.15%)
Short Natural Gas Calendar Spread and a Long Gas Oil Calendar Spread

Natural Gas has bounced from the bottom of the channel all the way to the top of the channel and looks to be a good set up for a short spread.

Three Sustainability Markets Seeing Momentum

A global push toward sustainability and renewable energy has helped spur growth in futures markets for lithium, biofuels and the S&P 500 ESG index.

Crude Oil Falls Back on Stronger Dollar and Weak US Consumer Sentiment Report

June WTI crude oil (CLM24 ) Friday closed down -1.00 (-1.26%), and June RBOB gasoline (RBM24 ) closed down -4.21 (-1.66%). June WTI crude oil prices Friday edged to a new 1-1/2 week high but then fell...

CLM24 : 78.95 (-0.21%)
RBN24 : 2.4873 (-0.38%)
Crude Oil Falls Back on Stronger Dollar and Weak US Consumer Sentiment Report

June WTI crude oil (CLM24 ) today is down -0.15 (-0.19%), and June RBOB gasoline (RBM24 ) is down -0.0180 (-0.71%). June WTI crude oil prices today edged to a new 1-1/2 week high but then lost ground....

CLM24 : 78.95 (-0.21%)
RBN24 : 2.4873 (-0.38%)

Tweets @Barchart

Barchart
@Barchart
Hold Stocks where upside is more likely than downside. Goldman Sachs once again proving why they make the big bucks! Simply tremendous stuff here 🙏🫡 https://t.co/GZzQ2fSeAe
Barchart
@Barchart
We've just witnessed something for the first time in our lives! The largest outperformance of corporate vs. government bonds in the last 100 years 👀 https://t.co/GZ4YQOBF3B
Barchart
@Barchart
Japan's 20-Year Government Bond Yield just hit its highest level in more than a decade 🚨 https://t.co/jBLHqLPGDz
Barchart
@Barchart
S&P 500 $SPY volume today was the lowest since November 11, 2021 (excluding holiday shortened trading days) https://t.co/OKH6Ed2kv8
Barchart
@Barchart
Copper jumps to highest price since April 2022 👀 https://t.co/2uGO55Gknj
Barchart
@Barchart
Global Stocks rose to a record high on Friday 🚨 https://t.co/wyYRgEvezB
Barchart
@Barchart
Apple $AAPL picking up some steam here and finishes with its highest closing price since February https://t.co/UijiOnbHcN
Barchart
@Barchart
Just 2.03% of U.S. companies are responsible for half of the wealth creation from 1929-2019 👀 https://t.co/K2R9MTdMCl
Barchart
@Barchart
AMC Entertainment $AMC continued to soar in after hours trading and has now more than doubled in value from Friday's closing price https://t.co/M1xdHc1j0j
Barchart
@Barchart
The next 500 points for the S&P 500 $SPX will be down warns Stifel https://t.co/XHibNSAiuw

Chart of the Day

Oscar Health Inc Cl A (OSCR)

The Chart of the Day belongs to health insurance company Oscar Health (OSCR) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...
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