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Shell Stock Is Down 11% In April: What's Going On?
Wednesday, April 23, 2025 - 4:23pm | 483Shell PLC (NYSE:SHEL) shares fell marginally Wednesday amid an 11.5% slide in April. The company is navigating geopolitical and regulatory challenges as global energy flows and U.S. policy shifts have reshaped the sector in recent weeks. What To Know: In China, once a growing destination for U.S....
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Oil's Not Dead Yet - Smart Money Thinks The Bottom's In
Friday, April 18, 2025 - 2:50pm | 589After months of sliding prices and bearish charts, oil just pulled a fast one. The United States Oil Fund (NYSE:USO) is up over 7% in the last five days – its best weekly move in months – raising the inevitable question: is the bottom finally in? Chart created using Benzinga Pro...
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China Slashes US Oil Imports By 90% Amid Trump Tariffs, Turns To Canada Instead
Thursday, April 17, 2025 - 7:19am | 438As US-China trade tensions continue to escalate, Chinese refiners have cut their U.S. oil imports, while imports of Canadian crude have reached record highs What happened: Imports of U.S. oil by China have plunged roughly 90% since 2023, falling from a peak of 29 million barrels per month to just 3...
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Northern Oil And Gas Stock Climbs On Q1 Hedging Results, Shareholder Return Update: What You Need To Know
Wednesday, April 16, 2025 - 5:24pm | 374Northern Oil and Gas Inc (NYSE:NOG) shares are rising in extended trading Wednesday after the company provided an update on first-quarter hedging results and shareholder returns. What Happened: Northern Oil and Gas reported estimated unrealized mark-to-market gains on derivatives of $9 million to $...
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EXCLUSIVE: Tariff Uncertainty Turns Traders Cautious — But Oil, Silver Might Be The Escape Hatch, Says Market Analyst
Monday, April 14, 2025 - 12:18pm | 730Futures traders are navigating a minefield as new tariffs send shockwaves across equities, commodities and Treasuries. Markets Hate Surprises — Especially This Big Jim Cagnina, senior market analyst at NinjaTrader, isn't surprised by the ripple effect. "Markets are inherently averse to uncertainty...
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ConocoPhillips Vs. Occidental: Both Ride The Oil Wave, Only One Is Shaping The Tide
Monday, April 14, 2025 - 8:28am | 531JPMorgan's Arun Jayaram isn't sitting on the fence regarding oil giants jockeying for investor attention. He's got a clear favorite, and it's not Occidental Petroleum Corp (NYSE:OXY). Jayaram remains bullish on ConocoPhillips (NYSE:COP), rating it Overweight with a $113 price target. This implies a...
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BP Sees Mixed Q1 Outlook With Flat Oil Prices, Weaker Gas Trading Ahead Of Earnings
Friday, April 11, 2025 - 10:29am | 467BP PLC (NYSE:BP) shares are down Friday after the company updated first-quarter guidance. The company expects upstream production to decline compared to the previous quarter, with slightly higher production in oil production and operations and less in gas and low-carbon energy. In the gas...
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Occidental Reports Higher Q1 Prices As Tariff Tensions Shake Oil Market
Thursday, April 10, 2025 - 12:06pm | 447Occidental Petroleum (NYSE:OXY) announced on Wednesday that it realized higher oil and gas production prices in the first quarter of 2025 than in the previous quarter. The company reported that its worldwide average realized oil price rose to $71.07 per barrel, up from $69.73 in the final quarter...
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Oil, Gas Stocks Jump After Trump Pauses Tariffs For US Allies, Isolates China
Wednesday, April 9, 2025 - 5:08pm | 306Oil and gas stocks such as APA Corporation (NASDAQ:APA), BP PLC (NYSE:BP) and Exxon Mobil Inc. (NYSE:XOM) are trading higher Wednesday after President Donald Trump announced a 90-day pause on reciprocal tariffs for countries that have not retaliated against U.S. trade measures. What To Know: The...
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Matador Resources Sells Eagle Ford Assets, Announces Potential Buybacks
Friday, April 4, 2025 - 10:58am | 438Matador Resources Co (NYSE:MTDR) shares are trading lower on Friday after the company disclosed the sale of its remaining Eagle Ford shale assets in South Texas. The assets were sold through a series of transactions in the Eagle Ford shale located in La Salle, Karnes and Atascosa Counties in South...
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Noble Q1 Earnings Preview: Analyst Cuts Forecast On Idle Capacity, 2025 Guidance 'Remains Within Striking Distance'
Monday, March 31, 2025 - 11:39am | 325Noble Corporation (NYSE:NE) has been in focus as President Donald Trump's oil production push. While remaining focused on securing contracts for its idle capacity and rigs rolling off contract later this year, the company relies on floater option exercises and cost savings to hit the mid-point of...
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Oil And Gas Executives Rebuke Trump's 'Drill, Baby, Drill' Agenda: 'We Want More Stability'
Thursday, March 27, 2025 - 2:35pm | 434President Donald Trump centered his 2024 election campaign on bringing down prices after a prolonged period of inflation. In particular, Trump called for greater domestic drilling, even as the Biden Administration accelerated domestic energy independence. Now that Trump is in office, energy...
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Trump's Tariffs On Buyers Of Venezuelan Oil Could Boost Energy Sector, Exxon Mobil Stock
Tuesday, March 25, 2025 - 12:54pm | 444Shares of oil and gas giant Exxon Mobil Corp. (NYSE:XOM) are hitting 16-week highs on Tuesday as investors bet President Donald Trump's latest tariff threat could be a positive catalyst for the stock. What To Know: Trump took to Truth Social on Monday with the promise of 25% tariffs on any country...
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Oil Prices Rally, Exxon Hits 16-Week Highs As Trump Vows 25% Tariffs On Any Country Buying Venezuelan Crude
Monday, March 24, 2025 - 11:48am | 518Crude prices surged and energy stocks rose Monday after President Donald Trump vowed to slap a sweeping 25% tariff on any country that imports Venezuelan oil, signaling renewed geopolitical tensions in global energy markets. West Texas Intermediate light crude, as closely tracked by the United...
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BP Stock Eyes Golden Cross: Can Bulls Take Control?
Monday, March 17, 2025 - 11:10am | 584BP plc (NYSE:BP) is flashing strong technical signals, with bullish momentum building just as the stock approaches a Golden Cross — a classic indicator of potential upside. The oil giant’s stock, at $33.39, sits above its five-day, 20-day, 50-day and 200-day simple moving averages. Chart...