Goldman Sachs: Oil Prices Might Ignore Saudi Arabia
For the rest of 2020, oil prices probably won't go further into the negative territory. The demand for jet fuel won't touch the peak from before COVID-19.
Analyzing the Upcoming Natural Gas Inventory Report
On Thursday, the EIA will report the natural gas inventory data. For the week ended April 24, the EIA reported a rise of 70 Bcf in natural gas inventories.
Will Chesapeake Energy Recover in 2020?
So far in 2020, Chesapeake Energy (NYSE:CHK) has fallen 95.7%—sharper than a fall of 44.5% in the SPDR S&P Oil & Gas Explore & Production ETF.
Are Energy Stocks a ‘Buy?’ Goldman Sachs Says Yes!
Energy stocks have fallen this year amid the bloodbath in crude oil prices. Last week, WTI crude contract turned negative for the first time in history.
Is WTI Crude Oil a Good Buy for Investors?
Amid the COVID-19 outbreak, US oil exports haven't declined. Since March, US crude oil weekly exports averaged 3.5 million barrels per day.
Top Oil-Producing Companies’ Stock Prices Fall
Looking at the top US-listed oil-producing companies’ stock prices, ExxonMobil, BP, and Chevron have fallen by 40.5%, 41.6%, and 31.5% in 2020.
Should You Buy Natural Gas Futures amid COVID-19?
The volatility in Henry Hub gas prices might concern investors. You could look for natural gas-weighted stocks like EQT and Cabot Oil & Gas.
How Long Could Crude Oil Keep Falling?
On Monday, the WTI crude oil futures May contract fell as low as -$40.32 per barrel. Oil turned negative for the first time since its discovery in 1875.
Boeing 737 Crash and Effects on Oil Prices
On Wednesday, a Boeing 737 plane crashed in Iran. If the crash was due to a missile strike, how will international tensions and sanctions affect oil prices?