The Flow High mentioned in yesterdays webinar related to Crude Oil, is back again ... we have to wait til today's close to make it official.
$COTE #Conpet SA Conpet: Go with the oil flow (HOLD – initiation of coverage): We initiate coverage of Conpet, the Romanian national oil transport company, with a HOLD rating and a price target (PT) of RON 86.8/share, implying 6.3%… #equity #stocks
For the first time ever, Norway will draw more money from its wealth fund than the vehicle generates in cash flow, due to the twin crises of Covid-19 and a slump in oil. That requires an unprecedented asset sale to cover state spending via @mikaelholter
Commodity ETFs just blew away their monthly flow record w/ $14b in April. While $GLD & $USO did heavy lifting, there were dozens of gold and oil ETPs that hauled in cash. That brings cmdty ETF YTD total to $24b just shy of their ann record in 2009 of $26b h/t @nategeraci
$TOU #Tourmaline Oil Tourmaline Aims to Be Canadas Largest Gas Producer: No-moat Tourmaline Oil reported fourth-quarter operating cash flow of CAD 392 million, which represents a 24% increase quarterly and was ahead of our expectations.… #equity #stocks
Ten years an accident caused 800 million litres of oil and gas to flow into the ocean for over 87 days in one of the largest environmental disasters in American history. There are still many unanswered questions about the effects of the spill.
20 tankers—filled w/ 40mm barrels of Saudi oil—are headed to the US. This is SEVEN TIMES the typical monthly flow. At the same time, oil futures are plummeting & millions of US jobs in jeopardy. My message to the Saudis: TURN THE TANKERS THE HELL AROUND.
Saudi Arabia and Russia are arguing over the price and flow of oil. That, and the Fake News, is the reason for the market drop!
Very important that OPEC increase the flow of Oil. World Markets are fragile, price of Oil getting too high. Thank you!
It’s clear the U.S. must consider naval assets to block the flow of oil between the dictatorships of #VZ & Cuba. has floated the idea of a full embargo on Cuba. I agree wholeheartedly. We need to take action NOW to capitalize on Maduro’s weakness & end his brutal regime.
Bomb attack causes oil spill, halts flow of crude along Colombia's 2nd largest pipeline, contaminates water source for thousands of people.