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AM ET: Michigan Consumer Sentiment (Forecast:53.5, Previous: 52.2) • 1:00 PM ET: Baker Hughes U.S. Rig Count (Previous:442) - A key indicator of oil drilling industry activity • 1:00 PM ET: U.S. Baker ...
At the time of this report, tensions are running high primarily between the US and Iran which have sent oil prices soaring.
Natural gas futures hover near the 200-day moving average as traders brace for today’s EIA inventory report and eye potential weather-driven demand shifts.
The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.
Baker Hughes� U.S. rotary drilling rig count was 559 on June 6, down by four from the previous week, down by 35 from 594 a year ago and down by seven from two weeks ago. Over the last eight weeks ...
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