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- Written by TradersCom
- Category: Oil & Energy
The U.S. added another rig to service, another 4 down in Texasn as U.S.oil production fell again off it's all time high to 12.20 million bpd. US Natural gas rigs frose 1. Canadian natural gas rose 2 and oil rigs rose 11.
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- Written by Super Harley
- Category: Stocks
Workplace messaging app company Slack debuted at the NYSE with a value at $20bn, 48% above the reference price set by NYSE $WORK followed Spotify in a rare direct listing. The company has seen decelerating growth recently with investors betting on more paying customer conversions.
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- Written by TradersCom
- Category: Oil & Energy
New recent lows with another +100 Bcf build with the natural gas injection season upon us. The EIA reported a higher than expected build of +115 Bcf in natural gas storage last week, Ahead we focus on LNG and Mexican exports.
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- Written by Helmholtz Watson
- Category: Central Banks
The Bank of England voted 9 to 0 to maintain Base Rate at 0.75%. The asset purchase target of £435 billion with a corporate bond target £10 billion for bond purchases was voted unaminous.
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- Written by ThePitBoss
- Category: Earnings Reports
Software giant Oracle reported better than expected fiscal fourth quarter earnings after the close Wednesday. $ORCL benefited from Fusion and NetSuite cloud applications sales with competition on two main fronts, $AMZN Cloud infrastructure and $CRM platform database.
