Research type: Commodities
Integrated oil companies ExxonMobil and Chevron have strong upstream portfolios, which play a vital role in determining their profitabilities.
Today, the EIA plans to report natural gas inventories for the week ended September 13. A negative inventories spread could support natural gas prices.
Yesterday, gold prices rose around 1%, or $15.90, following drone attacks on Saudi Arabia's Aramco oil facilities on September 14.
On September 14, drones attacked Saudi Arabia Aramco's oil-infrastructure. Saudi Arabia's oil production has fallen by 50%.
Gold has been benefiting from the US-China trade war. However, some observers, such as Jim Cramer and Citigroup, disagree on what's in store for gold.