Late yesterday, on the eve of the quarterly refunding announcement, Fitch cut the US rating to AA+ from AAA, citing project fiscal deterioration over the next few years and the...
The dollar has come back bid. It is rising against all the major currencies today. The Reserve Bank of Australia left rates steady and the poor Chinese Caixin PMI is weighing on...
Saudi Arabia's surprise production cut was targeted at short sellers. While Saudi energy ministers dislike futures trading's role in the oil market, it helps increase...
Saudi Arabia has had six oil ministers in just over 60 years. The first abhorred American dominance of Arabian oil and fought to end it; the second wanted low prices for greater...
Environmental policies of oil and gas companies are important to consider when investing in the industry Such investments could potentially pay off in the long run and boost a...
Fed Chair Powell and earnings will again drive markets in the week ahead. Pinterest stock is a buy with upbeat earnings on tap. PayPal shares are set to struggle amid weak results,...
BP has recently released its 2023 Energy Outlook The energy giant says oil demand will likely decrease or plateau in the years ahead However, there’s no actual indication of...
Rising rates, accelerating inflation, and slowing economy hammered S&P 500 Energy and healthcare shares have been the market’s top gainers Investors should consider...
Despite great earnings, Eni keeps trading at half the P/E multiple of its peers due to country/political risk Operationally, Eni is doing well but it doesn't have an edge on its...
U.S. retail sales, housing data, more earnings in focus Chevron stock is a buy amid ongoing energy sector rally Target shares set to struggle amid weak Q3 profit, sales Stocks on...