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At Close: Jun 03, 2026
U.S. status as net oil exporter at risk amid oil price crash
11:07pm, Monday, 09'th Mar 2020
America's days as a net petroleum exporter "may be numbered," as plunging oil prices threaten domestic production, Bloomberg writes.The U.S. only in recent months began exporting more oil than
Oil prices wrap biggest one-day collapse since 1991
07:48pm, Monday, 09'th Mar 2020
Crude oil concludes its worst day since the 1991 Gulf War after Saudi Arabia slashed prices and promised to raise production.April WTI (NYSEARCA:USO) settled -24.6% to $31.13/bbl, the benchmark's seco
Oil and gas stocks slaughtered; energy ETF -15%
11:30am, Monday, 09'th Mar 2020
The Energy Select SPDR ETF (NYSEARCA:XLE) is -15.2% pre-market in the wake of a tumultuous weekend in which crude prices fell more than 20% amid a price war between Russia and Saudi Arabia.Among so
Week 11 MDA Breakout Forecast: Short-Term Picks To Give You An Edge
10:30am, Monday, 09'th Mar 2020
Four new Breakout Stocks for Week 11 with better than 10% short-term upside potential. The MDA Breakout portfolio is up +37.51% YTD compared to the S&P 500 -8.0
A Disaster For Oil As OPEC Fails To Address Falling Prices
10:30am, Monday, 09'th Mar 2020
The Fed emergency rate cut was not bearish. OPEC runs into a brick wall. U.S. politics and crude oil. Equities continue to look awful. It is always darkest befo
Oil set to plunge another $10 on the open
05:15pm, Sunday, 08'th Mar 2020
Veteran oil trader Mark Fisher tells CNBC's Scott Wapner that oil is indicated to open below $32 per barrel - nearly $10 less than where it closed on Friday, and about $15 per barrel below where it cl
Energy stocks sink to 11-year low as Russia refuses OPEC oil plan
05:25pm, Friday, 06'th Mar 2020
Energy sector stocks (XLE -5.6%) plunge after Russia shot down OPEC's plan to cut production by an additional 1.5M bbl/day in the wake of the coronavirus.Crude oil futures crash as much as 9%, with Ap
Crude oil craters as OPEC+ talks on verge of collapse
03:13pm, Friday, 06'th Mar 2020
Crude oil futures (USO -7.3%) extend losses, falling as much as 6.5% with OPEC+ talks said to be on the verge of collapse; April WTI -5.7% to $43.27/bbl, May Brent -5.6% to $47.18/bbl.Russia reportedl
Sam Zell is buying energy
01:10pm, Thursday, 05'th Mar 2020
Appearing on CNBC, Sam Zell says he isn't finding a ton to buy, excepting the energy space, where valuations have been "unjustifiably killed."He didn't disclose any names, but says he's been p
OPEC ministers said to agree to 1.5M bbl/day cut, but is Russia on board?
12:44pm, Thursday, 05'th Mar 2020
Crude oil prices (NYSEARCA:USO) popped higher following a Bloomberg report that OPEC ministers agreed to cut production by a larger than expected 1.5M bbl/day in response to the coronavirus, citing de
Russia resisting Saudi plan to deepen OPEC production cuts - WSJ
05:14pm, Wednesday, 04'th Mar 2020
Crude oil futures (NYSEARCA:USO) turn negative following a WSJ report that Russia is still resisting Saudi Arabia's plan to deepen OPEC+ production cuts by 1.2M bbl/day despite pressure from the coron
Global oil demand to shrink, Goldman says in new forecast
11:21pm, Tuesday, 03'rd Mar 2020
Goldman Sachs forecasts global oil demand will shrink 150K bbl/day this year, including a global demand loss of 2.1M bbl/day in H1, and cuts its price forecast for Brent crude (NYSEARCA:BNO) to $47/bb
OPEC committee recommends 600K bbl/day output cut
04:40pm, Tuesday, 03'rd Mar 2020
Crude oil prices pare earlier advances as OPEC's joint technical committee reportedly recommends the group cut crude production by 600K bbl/day in Q2 and extending existing cuts to the end of the year
Oil back to waiting for OPEC after brief Fed-fueled spike
03:34pm, Tuesday, 03'rd Mar 2020
Crude oil prices (NYSEARCA:USO) enjoyed a knee-jerk spike on the Fed rate cut, but immediately gave most of it back, as the main focus of traders remains OPEC.The group is expected to order a bigger o
Oil surges ahead of OPEC meeting, potential production cut
05:12pm, Monday, 02'nd Mar 2020
Crude oil's (USO +3.9%) freefall comes to a halt, reversing last week's plunge to multi-year lows, on expectations that global central banks will provide stimulus that supports risky assets.April WTI
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