Oil Falls Sharply on Global Economic Worries

Source: Associated Press (9/22/11)

"Oil has dropped 29% since April, and the Fed gave little comfort following its two-day meeting this week."

Associated Press

Oil prices tumbled 5% Thursday after some of the world's top financial officials gave a gloomy reading on the international economy. Oil, a bellwether that tracks the market's mood, has dropped 29% since April as high unemployment, weak consumer confidence and expensive gasoline slowed down global growth.

Investors were hoping that the Federal Reserve would come up with a strategy this year to give the economy a boost. But the Fed gave little comfort following its two-day meeting this week. . .View Full Article

Oil and Gas Co.'s Production Restored
Source: Stephane Foucaud (04/25/2024)

Further visibility on GeoPark Ltd.'s Argentina acquisition could be a catalyst for the share price, according to an Auctus Advisors research note.

Expert Says Gas Stockpiles Could Be Drawn Down by AI Electricity Demands
Source: McAlinden Research (04/25/2024)

McAlinden Research shares a deep dive into the natural gas sector as it struggles to rebound, sharing charts from some ETFs that may be effected.

E&P Co. To Restart Drilling in Equatorial Guinea
Source: Stephane Foucaud (04/24/2024)

Panoro Energy ASA's drilling contract will allow production in EG to return to growth, according to an Auctus Advisors research note.

Is a Commodities Super Cycle on the Way?
Source: Streetwise Reports (04/19/2024)

Are we at the start of a commodities supercycle? We sat down with McAlinden Research to see what they had to say about the current state of commodities.

Energy Co. Looks at Spinning Off Hydrogen From Oil & Gas Interests
Source: Streetwise Reports (04/18/2024)

As the move toward clean energy picks up steam, this energy company is looking at turning its hydrogen subsidiaries and its oil and gas interests into separate companies.