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Buy IEO
$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Baytex Energy: Narrower WCS Differentials Partially Offset Lower Oil Prices
10:48pm, Wednesday, 05'th Jun 2024
With the Trans Mountain Pipeline expansion, WCS differentials have narrowed to near negative US$12, which is a US$7 improvement compared to Q1 2024. This partially offsets the impact of weaker oil pri
Oil rises on strengthening Fed rate cut expectations
09:28pm, Wednesday, 05'th Jun 2024
Oil rose in early Asian trading on Thursday on rising expectations the Federal Reserve will cut interest rates in September, and as the market rebounded from a selloff related to growing U.S. inventor
Plummeting oil, diesel, and copper prices signal economic stress. Here's why.
12:52pm, Wednesday, 05'th Jun 2024
Some commodities can serve as barometers of economic activity, and the recent sharp declines in diesel, crude oil, and copper prices, along with signs of a demand slowdown in recent weeks, hint at a U
UBS: Expect oil prices to gravitate toward mid-80s by the third quarter
09:00am, Wednesday, 05'th Jun 2024
Wayne Gordon of UBS Global Wealth Management discusses OPEC+'s extension of oil output cuts into 2025.
Oil prices rise but hover near four-month low on proposed OPEC+ supply increase later this year
08:41am, Wednesday, 05'th Jun 2024
Oil futures rebounded slightly after a sell-off this week pushed prices to four-month lows. The sell-off came after eight OPEC+ members announced plans to increase production starting in October of th
Is the oil market oversupplied? It depends on where you look, energy consultant says
08:30am, Wednesday, 05'th Jun 2024
Abdulaziz Almoqbel, energy markets consultant, discusses OPEC+'s extension of oil output cuts into 2025.
Is the oil market oversupplied?
08:00am, Wednesday, 05'th Jun 2024
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Oil Holds Near Four-Month Lows After OPEC+ Decision
06:54am, Wednesday, 05'th Jun 2024
Nadia Martin Wiggen, director at Svelland Capital, sees oil demand rising in the third quarter, but thinks markets are focused on the wrong aspect of OPEC+'s surprise decision to return oil supply to
Oil prices edge lower after industry data shows rise in U.S. crude, gasoline stocks
06:31am, Wednesday, 05'th Jun 2024
Oil futures ticked lower early Wednesday, feeling pressure after industry data showed an unexpected rise in U.S. crude inventories and a larger-than-expected increase in gasoline stocks.
Oil market 'oversold'? Analysts and traders pin crude's price plunge on demand, trading strategies
06:16am, Wednesday, 05'th Jun 2024
Oil prices have defied the announcement of extended supply cuts from the OPEC+ alliance with brisk declines. Oil prices bowed below $80 barrels per day despite this prospect of market tightness, with
What a Positive Correlation Between Oil & Rates Means
04:57pm, Tuesday, 04'th Jun 2024
What does a positive correlation between oil and rates mean? Nasdaq's Brian Joyce discusses the correlation between oil and rates.
Bull Signal Says Buy Oil Giant Ahead of OPEC+ Meeting
04:32pm, Tuesday, 04'th Jun 2024
Subscribers to Chart of the Week received this commentary on Sunday, June 2.
SCO: With The OPEC Meeting Behind Us, Oil Prices Will Stay Supported
03:13pm, Tuesday, 04'th Jun 2024
This article analyzes the ProShares UltraShort Bloomberg Crude Oil ETF within the context of the recent OPEC meeting and its impact on oil prices. OPEC+ extended oil production cuts to support prices
US lawmakers ask Justice Department to probe allegations of collusion between OPEC, oil companies
02:22pm, Tuesday, 04'th Jun 2024
A group of Democratic U.S. Representatives asked the Justice Department in a letter on Tuesday to probe "potential antitrust conspiracies" among U.S. oil producers and the OPEC oil production group.
Why oil's recent drop is not a recession signal — and good news for stocks
02:11pm, Tuesday, 04'th Jun 2024
The recent decline in oil prices is not a sign that the U.S. economy is heading for a recession — with the downward trend instead considered positive for stocks, according to DataTrek Research.
