These companies could be potential targets or buyers in the second half of 2024.
The crude oil market was positive during the Independence Day holiday, as we see plenty of people out there looking to play the cycle of summer being positive.
WTI oil drops to $83.30 despite weaker U.S. data; natural gas climbs 0.70%, suggesting bullish momentum.
Oil prices fell in early trade on Thursday after U.S. employment and business activity data came in weaker than expected, in signs the economy may be cooling in the world's top oil consuming nation.
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) is expected to highlight quarter-over-quarter improvements when it files its quarterly earnings considerations 8-K, analysts at UBS believe. The UBS analysts have
Oil markets are moving towards multi-week highs.
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Closing Bell: Overtime' to discuss oil at 2-month highs, the energy outlook, and hurricane impact.

Crude Oil Flat After Hitting Multi-Month Highs

11:21am, Wednesday, 03'rd Jul 2024
Crude oil (/CL) is flat after hitting multi-month highs. Arlan Suderman discusses the dollar (/DX) strength on commodities.
Gasoline inventories decreased by 2.2 million barrels from the previous week.
Gasoline prices are averaging $3.51 per gallon ahead of the Fourth of July, up about 2 cents from last week.
Rebecca Babin, Senior Energy Trader at CIBC Private Wealth, discusses oil prices in response to the summer driving season and Hurricane Beryl.
Oil futures were trading near unchanged early Wednesday after giving back earlier gains sparked by industry data showing a large drop in U.S. crude inventories.
Shrinking U.S. inventories, geopolitical risks, and anticipated strong summer demand create a supportive environment for crude oil prices.
Natural gas prices dropped to $2.442, down 0.81%, raising questions about a potential bullish reversal amidst inventory drawdowns and Middle East tensions

Hurricane Beryl: How Is it Affecting Oil Markets?

02:12am, Wednesday, 03'rd Jul 2024
Hurricane Beryl has devastated several islands in the eastern Caribbean, but it is forecast to lose some strength before it reaches Jamaica. It will likely still be a major storm, with winds in excess
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