During the year (so far) the price of oil rose by nearly 5%. Most of this gain was during March. Will oil prices continue to rise? How the developments in the oil market affect leading oil and gas companies? Let’s…
Will Oil Continue to Rise?
Tag: Oil Prices
Is Chesapeake Regaining Our Confidence?
Chesapeake Energy Corporation (NYSE: CHK) came a long way during 2012. Its cash flow problem that led the company to take a $4 billion loan resulted in a rise in the company’s probability of default; it also raised investors’ concerns…
Will Oil Come Down in 2013?
Since the beginning of the year the price of oil resumed its upward trend. Will this rally continue? Or will oil prices come down soon? What could explain the recent rise in oil prices? Let’s examine the recent developments in…
U.S. Manufacturing PMI Index Rose again to 53.3% in January
Today, the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index rose again to 53.1% during January 2013. The U.S. Manufacturing PMI is an index estimates the economic development of the U.S. manufacturing…
Is The Oil Market Heating UP Again?
During recent weeks the price of oil has rallied. One of the reasons many investors attribute to the recent rise in oil prices is the tensions in Algeria. The colder than anticipated weather in Europe and U.S is also another…
U.S. Manufacturing PMI Index Fell to 49.5%
Today, the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index declined to 49.5% during November 2012. The U.S. Manufacturing PMI is an index estimating the economic development of the U.S. manufacturing sectors;…
U.S. PMI Manufacturing Index Rose to 51.5%
Today, the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index rose to 51.5% during September 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S. manufacturing…
Is Chesapeake walking towards the right path?
Chesapeake Energy Corporation (NYSE: CHK) rallied in the past few weeks. The recent steps the company took such as selling Chesapeake Midstream Partners, L.P may have contributed to its rally. It seems the company is headed towards scaling down its…
Why Caterpillar isn’t pulling up? Just Blame it on the Oil
The recent economic slowdown in many leading economies including U.S, China and Euro Area has adversely affected many stocks. During the year (UTD) the S&P500 index rose by only 5.9%. This economic slowdown has also adversely affected the potential growth…
Gold Silver and Oil Prices Rose on Friday–Recap June 15th
Gold and silver prices finished the week on a positive note as both precious metals edged up on Friday. Crude oil price (WTI) also edged up, while Brent oil declined. Natural gas Henry Hub (July delivery) slipped, while the spot…