Testing Fibonacci retracements, crude oil’s rally aligns with time symmetry, forming a bullish expanding triangle near the critical $75.74 resistance level at the 200-Day MA.
Why is Houston, Texas called the energy capital of the world? The oil industry started partly because of oil gushing at ...
Crude oil’s breakout signals strength as it targets higher resistance zones, with key technical levels and bullish patterns guiding its upward trajectory.
Malaysia's national oil and gas company made a positive final investment decision on the Hidayah field, part of the North Madura II PSC in the waters of East Java province.
Institutional and Insider Ownership 43.0% of Summit Midstream shares are held by institutional investors. Comparatively, 51.7% of shares of all “Natural gas transmission” companies are held by ...
Volatility & Risk Summit Midstream has a beta of 2.37, indicating that its share price is 137% more volatile than the S&P 500. Comparatively, Summit Midstream’s competitors have a beta of 1.74, ...
State geologists estimate 250 million barrels of oil could be extracted if companies were to build as many as 600 more oil ...
The wells produce heavy crude oil from the McLaren/Sparky and Lloydminster formations. Novacor is the operator of these cash flow positive wells, which have current production of approximately 70 ...
Against that backdrop, it noted that there are signs of capital formation growth rebounding with government capex picking up pace. Coming to inflation, the inflationary pressures softened in November ...