NYSE:NDP
Tortoise Energy Independence Fund Inc Stock News
$34.26
+0.343 (+1.01%)
At Close: May 17, 2024
Rout in energy stocks resumes as oil slides again
02:50pm, Wednesday, 11'th Mar 2020
Energy stocks (XLE -3.3%) take their customary place at the bottom of the S&P 500 sector standings, with crude oil down another ~2% after Saudi Arabia unveiled plans to raise its production capaci
Oil stages 10% rebound rally after sharpest decline since 1991
08:10pm, Tuesday, 10'th Mar 2020
U.S. crude oil futures followed their largest percentage loss since 1991 with a 10% rebound, helped by reports that Russian had not ruled out measures with OPEC to stabilize oil markets.WTI April cru
Trump mulls federal assistance for energy companies - Washington Post
06:36pm, Tuesday, 10'th Mar 2020
The Trump administration is strongly considering pushing federal assistance for oil and natural gas producers (XLE +3.1%) hit by plummeting oil prices, the Washington Post reports.Federal assistance r
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
Retirement Strategy: Just Calm Down And Try Not To Panic
03:48pm, Monday, 09'th Mar 2020
It's OK to be nervous these days, but it's not OK to panic. Serious dividend growth investors rarely sell a dividend aristocrat stock - unless. This too shall p
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
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
Stocks That Hit 52-Week Lows On Friday
04:22pm, Friday, 06'th Mar 2020
Friday morning, 940 companies set new 52-week lows.
Interesting Points:
The largest company by market cap to set a new 52-week low was Bank of America (NYSE: BAC).
The...
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
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