24 Apr

Energy Calendar for Crude Oil and Natural Gas Traders

WRITTEN BY Gordon Kristopher

Important events on the energy calendar  

The energy sector contributed to ~6.6% of the S&P 500 (SPY) (SPX-INDEX) on April 21, 2017. Crude oil and natural gas are major parts of the energy sector. Oil and gas producers’ earnings such as Apache (APA), Noble Energy (NBL), Northern Oil & Gas (NOG), and Triangle Petroleum (TPLM) depend on crude oil (ERY) (DIG) (ERX) and natural gas (FCG) (BOIL) (GASL) prices. For the latest updates on crude oil prices, read Part 1 and Part 4 of this series.

Energy Calendar for Crude Oil and Natural Gas Traders

Crude oil and natural gas prices are driven by catalysts such as inventories and supply and demand data. Let’s take a look at some important events for the energy sector this week.

Tuesday, April 25:

Wednesday, April 26:

Thursday, April 27:

Friday, April 28:

  • Baker Hughes will release the US crude oil rig count.
  • Baker Hughes will release the US natural gas rig count.

In the next part, we’ll take a look at the crude oil market’s highs and lows in the last 15 months.

Latest articles

Broadcom (AVGO) stock fell ~8.5% after markets closed yesterday following the semiconductor giant's fiscal 2019 second-quarter earnings release. It missed analysts' revenue estimate and cut its fiscal 2019 revenue guidance by $2 billion to $22.5 billion due to sluggishness in its semiconductor solutions business.

The SPDR Gold Shares ETF (GLD), which tracks physical gold prices, has underperformed the broader markets year-to-date, rising just 4.4% compared to the S&P 500’s (SPY) gain of 15.9% as of June 14. The sentiment for gold, however, has been turning around.

Safe havens such as Treasuries and gold were back in favor on June 14 as stocks fell due to rising tensions in the Middle East, concerns over growth, and the looming threat of the US-China trade war. The tech-heavy Nasdaq Composite Index fell 0.67% in the first hour of trading.

Lululemon (LULU) stock rose 2.1% on June 13 in reaction to better-than-expected first-quarter results and an upgraded outlook for fiscal 2019 overall. The company's first-quarter adjusted EPS grew 34.5% to $0.74 on revenue growth of 20.4% to $782.32 million. Analysts had expected EPS of $0.70 and revenue of $755.31 million. Here's why the outlook got an upgrade.

14 Jun

IEA Again Slashes Its Oil Demand Growth Estimate

WRITTEN BY Rabindra Samanta

As of 4:40 AM Eastern Time today, US crude oil active futures were at $51.83, ~4% below their closing level in the previous week. If US crude oil prices stay at those levels today, they'll mark their third week of decline in five weeks.

Amazon is discontinuing its Amazon Restaurants service, which has been delivering food for restaurants in parts of the United States. Amazon Restaurants launched in the United States in 2015 and entered the British market the following year. However, it met strong opposition in the British market.

172.31.59.107