Tag: crude oil

Royal Dutch Shell has risen 1.2% in the current quarter driven by surging equity markets, soaring crude oil prices, and increasing natural gas prices.

ExxonMobil (XOM) stock has risen 2.4% this month, and Chevron stock is up 3.9%. Let's see which company looks more well-positioned than the other.

In the week that ended on November 8, WTI crude oil prices rose 1.9% and closed at $57.24 per barrel. However, oversupply concerns limited the upside.

Tesla's (TSLA) earnings have risen, led by increasing electric vehicle deliveries. Saudi Aramco has reported declining profits driven by falling oil prices.

Energy Transfer (ET) plans to report its Q3 earnings today after the bell. ET has reported significant earnings growth in the last several quarters.

Energy Transfer (ET) plans to report its third-quarter earnings on Wednesday after the markets close. The company will likely report an EPS of $0.37.

Chevron stock (XOM) closely relates to oil prices, so investors sometimes use this highly liquid, well-regarded stock as a trading vehicle for oil.

Goldman Sachs has warned that oil prices might not have any significant upside next year and that unless global growth picks up, Brent will remain at $60.

Trade deal optimism has invigorated the global market. Apple's 5G iPhone could be here by 2020 and Microsoft stock might surge soon.

On Thursday, US and Chinese negotiators wrapped up the first day of trade deal talks in Washington DC. President Trump was optimistic about the talks.