CVE Cenovus Energy Inc
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Cenovus Energy Inc News
Options Market Statistics: GME Options Pop and Shares Soar on Equity Issue Completion After the Bell
News Highlights
Express News | NYSE Order Imbalance 73386.0 Shares on Sell Side
Oil Prices on Track for 5-day Losing Streak
Oil futures fell Friday morning, on track for a fifth straight decline as traders noted concerns that the Federal Reserve may keep interest rates elevated for longer than previously anticipated, posing a threat to demand if it causes a sharp economic slowdown.
The Fed's interest rate cut is expected to fall again, and international oil prices will rise first and then fall
This week (5.16-5.22), crude oil as a whole showed a trend of rising and then falling. WTI averaged 79.18 US dollars/barrel this week, up 0.53 US dollars/barrel, or 0.67% from the previous week.
Oil Holds Near Three-Month Low as Market Shows Signs of Weakness
Oil traded near lowest level in over three months as the market flashed signs of weakness ahead of the US summer driving season.
Supply shortages or explode oil prices UBS predicts that oil will rise to $91
As the oil market faces supply shortages, UBS expects the price of Brent crude oil to rise to $91 per barrel in the next few months.
Oil Prices Attempt to Snap 3-day Losing Streak
Oil futures rose Thursday morning, attempting to snap a three-day losing streak as investors weigh the outlook for Federal Reserve policy and crude demand.
The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row
The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.
Biden plans to release 1 million barrels of gasoline before US Independence Day to lower oil prices
The Biden administration will release 1 million barrels of gasoline from the northeastern US reserves to lower gas station prices before the July 4 Independence Day holiday and summer driving season.
Oil Declines as Industry Report Points to Swelling US Stockpiles
Oil extended losses after an industry report pointed to rising US crude inventories, adding to bearish signs for the market.
Unusual Options Activity: RIG, NKE and Others Attract Market Bets, RIG V/OI Ratio Reaches 151.5
EST May 21st Afternoon Delivery - In the last two hours of trading, 8 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends
If You Invested $100 In This Stock 5 Years Ago, You Would Have $200 Today
Cenovus Energy (NYSE:CVE) has outperformed the market over the past 5 years by 5.89% on an annualized basis producing an average annual return of 19.5%. Currently, Cenovus Energy has a market capitali
Oil Prices Rise After Iran's President Dies, Saudi King Falls Ill
By Callum Keown Oil prices climbed Monday after Iran's President Ebrahim Raisi died in a helicopter crash Sunday, according to state-run Press TV. But the oil move was fairly muted in early trading. I
Iran State TV: "No Sign of Life" in President Raisi's Helicopter Wreck
By Laurence Norman, Benoit Faucon and Aresu Eqbali A helicopter carrying President Ebrahim Raisi of Iran crashed in the northwestern part of the country, the interior minister said Sunday, sparking a
Express News | NYSE Order Imbalance 73632.0 Shares on Buy Side
UBS: OPEC+ is expected to extend the production reduction agreement for at least 3 months, and oil will rise to $91 in June
OPEC+ will hold its next meeting on June 1, and UBS expects that the organization will agree to extend the voluntary production reduction agreement to maintain the balance of the oil market.
Oil Set to Eke Out Weekly Gain as Supply and Inflation Set Tone
Oil headed for a modest weekly gain as futures stayed in a narrow range, with the outlook for supply and inflation in focus.
Oil Prices Pull Back as Post-CPI Relief Rally Runs Out of Steam
Oil futures edged lower Thursday, losing ground after a relief rally sparked by data showing a slowdown in key U.S. inflation data ran out of steam.
Soroban Capital Buys First Energy, Exits Teck Resources Among Q1 Buys/sells
Unusual Options Activity: UPS, SNOW and Others Attract Market Bets, UPS V/OI Ratio Reaches 207.1
EST May 15th Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trend
