Crude oil collapses on May 23.Inventory builds from the API and EIA weighed on the price of the energy commodity.The Brent-WTI remains near the highs for Brent.The Middle East means the upside remains explosive, but the prospects for a prolonged trade war is pushing the price lower.UCO and SCO for...
10 ETFs To Play The Crude Oil Market
Crude oil prices dropped precipitously on Wednesday, and according to experts, are now on track to enter a bear market, as U.S. data revealed a weekly crude supply climb of almost 7 million barrels, to its highest level in nearly two years. Source: 10 ETFs To Play The Crude Oil...
Activity Steady in U.S. Natural Gas Patch, but BHGE’s Oil Count Slips
The U.S. natural gas rig count finished unchanged at 183 during the week ended May 10, while oil-directed activity continued to grind lower, according to data from Baker Hughes, a GE Company. Source: Activity Steady in U.S. Natural Gas Patch, but BHGE’s Oil Count Slips
Clean Energy is an Investment, not a Cost
Due to climate change, the choice of which energy technology to use is no longer a binary one that pits the cost of renewables against the status quo. There is now a third reference point, which is the future. Source: Clean Energy is an Investment, not a Cost