VANCOUVER, BC, August 2, 2022 /CNW/ - NG Energy International Corp. ("NGE" or the "Company") (TSXV: GASX) (OTCQX: GASXF), in the development of the Sinu-9 E&P Contract... Continued
Crude Oil Breaks Support, However, Deeper Correction Could Be Buying Opportunity
WTI crude oil broke key support at $52 today and speculative positioning in crude oil futures bodes well for further downside over the near term:... Continued
Major Divergence Between Energy Stocks and Crude Oil
Something we have been noticing for the last week is the significant divergence between energy stocks and crude oil. Technician and fund manager J.C. Parets... Continued
For This Company There’s Never Been A Better Time To Be In The Oil Business
For This Company There’s Never Been a Better Time to Be in the Oil Business “Buying when there’s blood in the street” Jericho Oil... Continued
Short Sellers Continue To Have the Upper Hand
During bull markets one of the best places to look for new long ideas is the list of stocks with highest short interest. However, during... Continued
At Least One Behemoth Trader is Betting That Oil Stocks Have Bottomed
A large institutional trader decided today was a good time to put on a large and slightly complex options trade in the XLE (Energy Select... Continued
Commodity ETFs Form Bullish Reversal Candlestick Patterns
Gold and energy equity ETFs formed bullish engulfing candlesticks during today's trading session after printing bullish hammer reversal candlesticks yesterday: GDX (Daily) ... Continued
Probability of Epic Oil Market Shakeout Increases
Goldman Sachs essentially stating that the oil market might be headed for an epic shakeout over the next couple of months: To make matters worse... Continued
Oil Stocks Break Support; Poised For More Downside Into Year End
A clean break of support in the energy sector today as OPEC disappointed on Friday and institutions liquidate losing positions into year end: XLE... Continued
A Variant View On Oil
A variant view on oil from Ecstrat's Emad Mostaque: With oil cap-ex essentially falling off a cliff the stage will be set for a significant supply... Continued