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4 Oilfield Services Stocks Set To Escape Industry Weakness
Article By:
Zacks Investment Research
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Saturday, May 11, 2024 1:00 PM EDT
Strict capital discipline among upstream energy companies is dampening the demand for oilfield services, leading to a gloomy outlook for the oil and gas industry. Despite this, here are some stocks in the sector that are likely to escape weakness.
Energized Gains In Oil Services
Article By:
MoneyShow.com
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Saturday, May 11, 2024 12:15 AM EDT
Investors have not yet woken up to the fact that energy is a growth business; our recommendations are in great shape to take advantage of a global oil and gas market where supply is likely to be chasing demand for years to come.
Climate Change Or Not, Here’s How To Profit In Energy
Article By:
InvestorsAlley
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Thursday, May 9, 2024 10:20 AM EDT
Energy demand is going to increase thanks to population growth and increasing global prosperity. The demand for technology is just going to be gasoline on the fire.
Crude Oil Commentary - Thursday, May 9
Article By:
James Harte
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Thursday, May 9, 2024 7:25 AM EDT
Oil prices are turning higher into the back end of the week with crude futures bouncing off support at 77.64.
In this article: OIL
Market Briefing For Thursday, May 9
Article By:
Gene Inger
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Thursday, May 9, 2024 4:28 AM EDT
'Data is the new currency'- is the message you get from everyone, like the comments provided by Nvidia's CEO, to Salesforce; all basically Ai-themed. Missing is demand.
May 2024 Short Term Energy Outlook: WTI, Gasoline Prices
Article By:
Menzie Chinn
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Wednesday, May 8, 2024 5:00 PM EDT
EIA's latest report notes a forecast slightly above futures. Referencing Chinn and Coibion (2014) on oil futures forecasting performance. Gasoline forecast and context on US gasoline prices provided.
Oil Prices Are Rising Amid Rumors Of Increased Production By OEPC Countries
Article By:
JustMarkets
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Wednesday, May 8, 2024 8:44 AM EDT
European Indices also grow amid "dovish" position of the ECB. The US stock indices traded mixed on Tuesday. The Dow Jones Index (US30) rose by 0.08%, while the S&P 500 Index (US500) gained 0.13%.
Crude Oil Commentary - Wednesday, May 8
Article By:
James Harte
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Wednesday, May 8, 2024 8:35 AM EDT
Oil prices are continuing to trade lower through the middle of the week, despite ongoing uncertainty over Israeli military operations in Rafah. Reports that ceasefire talks have resumed are keeping optimism alive for now.
In this article: UCO
Market Briefing For Wednesday, May 8
Article By:
Gene Inger
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Wednesday, May 8, 2024 7:06 AM EDT
At the moment Israel has control of the Gaza-Egypt crossing; and while likely wishful thinking, what a perfect place to exfiltrate Hamas to later travel to any of their backward allies;
