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Top News In பிப்ரவரி குறுகிய கால ஆற்றல் ஔட்‌லுக் Today - Breaking & Trending Today

09Mar2021 Pre-Market Commentary: Futures Predicting A Down Day

09Mar2021 Pre-Market Commentary: Futures Predicting A Down Day
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.

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09Mar2021 Market Close: Oil Prices Dip After Brent Hits $70, DOW Can't Overcome Resistance, Closes Up 30 Points, Nasdaq Skyrockets Closing At +3.7%, WTI Settles Lower At 63.72

Dick s Sporting Goods shares fall as retailer predicts slowing sales in year ahead (SPY +1.4%). Nvidia stock leads chip rally as tech shares bounce back.
The Market in Perspective
Here are the headlines moving the markets.
How Oil Could Go To $100 Per Barrel
In its February Short Term Energy Outlook (STEO), the EIA forecasts this month s world oil consumption at 96.7 million barrels per day (mbpd). The oil supply, however, is much lower, only 93.6 mbpd, with the difference of 3.1 mbpd of necessity being drawn from crude oil and refined product inventories. By historical standards, a sustained draw of 3 mbpd is large, and we would expect prices to be rising under such circumstances. The EIA sees demand continuing to recover at a good pace to mid-year, with July world oil consumption forecast at 98.2 ....

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U.S. Shale's Struggles Will Be Help OPEC Stabilize Oil Prices

OPEC and its allies could find managing supply to the oil market easier this year, as U.S. shale producers are still not rushing to accelerate output at $60 oil ....

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Today's Oil & Gas Update - Block Energy and Gulf Keystone Petroleum and more...

Today's Oil & Gas Update - Block Energy and Gulf Keystone Petroleum and more...
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Today's Market View - Keras Resources, Rainbow Rare Earths, GoldStone Resources and more...

Today's Market View - Keras Resources, Rainbow Rare Earths, GoldStone Resources and more...
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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