Looking for Investment Income in 2022? Consider Midstream
For bond investors and the bond portion of portfolios, it’s a tough time.
Source: etftrends.com
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Oil Prices Rose on Larger Than Expected Stockpile Reduction
Crude trading remains bullish as the mild nature of Omicron doesn't appear to effecting demand, as indicated by latest U.S. stockpile data.
Source: rigzone.com
Big U.S. Crude Draw, Huge Asia Mobility Numbers Propel Oil Prices Upward
However, U.S. drillers are being shunned by banks for 'political' reasons.
Source: shipandbunker.com
Why isn't Big Oil drilling more as gas prices surge? The answer is more Wall Street than White House
A popular trick at gas stations this fall is to slap a sticker featuring President Joe Biden pointing to the price per gallon and saying, “I did that.” But the real answer has more to with Wall Street than Pennsylvania Avenue. The root cause of today’s high gas prices isn’t politics: It’s financial pressure on ...
Source: hellenicshippingnews.com
Why Isn't Big Oil Drilling More as Gas Prices Surge? The Answer Is More Wall Street Than White House
Behind the 38% surge in pump prices this year is a 24% drop in domestic crude production after Covid, but not for the reasons you think.
Source: nbcnewyork.com