Oil

West Texas Intermediate (WTI) crude oil futures, closely followed by the United States Oil Fund (NYSE:USO), surged 3.6% to close at $79.60 per barrel on Monday amid rising tensions in the Middle East. This marked the fifth consecutive day of gains and the second-strongest one-day surge year-to-...

To gain an edge, this is what you need to know today. Change In Market Reaction Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market has moved...

Oil is on course to secure its fourth consecutive session of gains. What Happened: Oil prices climbed by more than 1% at the start of the week. West Texas Intermediate (WTI) light crude futures, tracked by the United States Oil Fund (NYSE:USO), surpassed $77 per barrel by 8:00 a.m. EST. This rise...

To gain an edge, this is what you need to know today. Weak Treasury Auction Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market is...

Editor’s note: This story has been updated to correct the time of Occidental’s earnings call. Occidental Petroleum Corp.’s (NYSE:OXY) second-quarter earnings exceeded analyst expectations after Wednesday’s close, but analysts still gave the oil and gas company a neutral...

To gain an edge, this is what you need to know today. Buying On Jobless Claims Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market is...

To gain an edge, this is what you need to know today. Raise Cash And Hedges Consider slowly raising cash and hedges.  It is especially important to hedge AI and tech stocks.  As full disclosure, in addition to overall hedges, The Arora Report has existing additional hedges on positions...

To gain an edge, this is what you need to know today. Carry Trade Unwind Not Over Please click here for an enlarged chart of Nasdaq 100 ETF (NASDAQ:QQQ). Note the following: The chart shows that QQQ gapped down and opened yesterday below the support/resistance zone. The chart shows the dip was...

Murphy Oil Corp (NYSE:MUR) shares reported second-quarter adjusted earnings per share of 81 cents. That’s higher than the 79 cents it reported a year ago, beating the consensus of 74 cents. Revenues of $802.77 million beat the consensus of $813.46 million. Production...

The U.S. stock market is poised for its second consecutive day of gains, aiming to reverse the sell-off that occurred through Monday as investors assess the ongoing earnings season and welcome reassuring comments from the Bank of Japan. Deputy Gov. Shinichi Uchida stated the central bank will avoid...

Occidental Petroleum Corp (NYSE:OXY) shares are oversold. They are also at support. And stocks that are oversold and at support tend to rally. That's why our team of trading experts has identified it as our Stock of the Day. Most of the time, a stock stays within its typical or average trading...

By RoboForex Analytical Department Brent crude oil's price increased to 76.88 USD per barrel on Wednesday, continuing to rise for the second consecutive session. This rebound helps mitigate previous losses, which were part of a broader market risk aversion phase. Current Market Dynamics...

Devon Energy Corporation (NYSE:DVN) shares are trading higher after the company reported its second-quarter financial results Tuesday. Here's a look at the details from the report.  The Details: Devon Energy reported quarterly earnings of $1.41 per share, which beat the analyst consensus estimate...

Occidental Petroleum Corp (NYSE:OXY), one of Warren Buffett‘s major holdings, has just made a death cross — a bearish technical indicator — right before its second-quarter earnings report Wednesday. As of the first quarter, Buffett’s Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) holds...

Global financial markets are experiencing heightened volatility as investors grow anxious about recession risks in the world’s largest economy and move away from riskier assets while seeking refuge in safe-haven investments. The Japan’s Nikkei 225 closed dramatically lower by 13.47%...