Broader Market
Broader Market news and technical articles from Oil & Gas Journal. Search Broader Market latest and archived news and articles
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MARKET WATCH: Crude tops $90/bbl for first time in 26 months
… day before Christmas, Raymond James reported, “The broader markets remained little changed as investors looked forward to ..... marginally up. Prior to the opening bell, oil, gas, and the broader market are all looking to open in the red as traders begin to …
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MARKET WATCH: Oil prices rises as dollar hits 15-year low against yen
… subindustry index finishing up 0.3% and inline with the broader markets .” The Dow Jones Industrial Average hit a near 6-month ..... expected housing numbers also lifted some spirits in the broader market . Sales of US existing homes increased by 10% in September …
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MARKET WATCH: Gas futures price drops below $5/MMbtu
… months down hard. This compared with the relatively quiet broader markets , which seem to be trading in a narrow range over the past ..... about as useful as a chocolate oven-glove" in assessing broader market conditions. "The dynamics of the US crude oil market have …
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MARKET WATCH: Disappointing jobs report lowers oil prices
Crude oil prices retreated Apr. 9 following the broader market down on a weak jobs report by the US government at ..... gas regained 0.8% in the New York market. “The broader market ’s losing streak was extended yesterday as the Standard …
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MARKET WATCH: Oil prices fall, wiping out previous gain
… shrugged off a bullish report on inventories to follow the broader market down. Analysts in the Houston office of Raymond James & Associates ..... James analysts reported, “Service names outperformed the broader market [in the Apr. 18 session], buoyed by a better-than …
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MARKET WATCH: Uncertain economy pulls down oil prices
… of the US economy was improving,” said Marc Ground at Standard New York Securities Inc., the Standard Bank Group. Broader markets also closed lower because of mixed signals regarding the Fed’s economy stimulus program. “Energy stocks followed suit …
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MARKET WATCH: Oil prices end brief rally as dollar strengthens
… slipped, with the Oil Service Index and the SIG Oil Exploration & Production Index down 0.3% and 0.5%, respectively. Broader markets remained flat. Oil prices continued declining in early trading May 22 with West Texas Intermediate dropping below $96/bbl and …
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MARKET WATCH: Oil prices decline in lackluster market
… squeeze-infused market sentiment with gains of 3% and 1%, respectively,” they said. “This morning, crude and broader market futures are trading in the red, as expected given the Fed ‘unwinding’ news, while gas is flat.” Energy prices The …
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MARKET WATCH: Oil prices continue retreat in weak economy
… continued to favor the equity market. The Oil Service Index and the SIG Oil Exploration & Production Index followed the broader market and natural gas higher, up 0.4% and 1.7% respectively. Paris-based IEA slightly increased its 2012 global oil demand …
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MARKET WATCH: Stronger dollar undercuts oil prices
… through 2018 vs. the Organization of Petroleum Exporting Countries’ 30% contribution,” they said. Crude and the broader market were lower in early trading May 14, while gas was higher. IEA slightly increased its global oil demand forecast by 65 …
