Newsfeeds - Spark Newswire

2 minute read

Tesla Analyst Warns Against Fed-Induced Recession As Gas Prices Fall: ‘Go Away And Stay Away’

December 5, 7:23 AM

The pullback in retail gasoline prices was the talk of the town over the weekend, with even President Joe Biden calling attention to it. Drawing an inference from the data, an analyst stepped up his call for the Fed to step away.

XLE

2 minute read

OPEC+ Agrees To Maintain Current Oil Production Policy, Voices Concern About Russian Cap

By Bibhu Pattnaik

December 4, 11:53 AM

On Sunday, the OPEC and the non-OPEC producers, a group of 23 oil-producing nations known as OPEC+, decided to maintain oil production targets at current levels, including an existing policy of reducing oil production

CVX

2 minute read

G7 Sets $60 Per Barrel Price Cap On Russian Oil: Here’s The Kremlin’s Response

By Bibhu Pattnaik

December 3, 10:50 AM

The Group of Seven (G7) nations have agreed to put a price cap of $60-per-barrel on Russian crude oil. On Friday, the European Union decided on the same price.

CVX

3 minute read

The 10 Most Shorted ETFs: Which Sectors Saw Short Interest Increase?

By Chris Katje

November 22, 1:27 PM

Investors often short stocks to hedge positions against long positions or as a way to bet against a particular company. Benzinga provides a look at the most shorted stocks here.

AGG

3 minute read

Biden The Master Oil Trader? Crude Drops Below $80 And US Government May Earn Windfall On Emergency Reserves, Relieving Pain At The Pump

By Robert Kuczmarski

November 18, 1:16 PM

At a time when commodity prices have been extremely volatile globally, President Joe Biden’s plan to use the strategic petroleum reserves (SPR) as a monetary tool is starting to relieve pain at the pump for the

CVX

1 minute read

Leading And Lagging Sectors For November 18, 2022

By Benzinga Insights

November 18, 10:38 AM

Gainers Symbol Name Price Change ($) Change (%) Volume

XLB

4 minute read

The Bear Market Could Go On For Longer If History Proves Right, But 1 Sector Is Bucking The Downturn

By Natan Ponieman

November 14, 11:24 AM

The S&P 500 is showing a recovery in November, but experts think it’s still too early to tell if October’s lows were this cycle’s rough bottom: the situation hasn’t improved enough to consider the equity markets

CLR

2 minute read

Recession Is Imminent, This Wells Fargo Exec Says: How To Navigate The Bear Market Rally

By Robert Kuczmarski

October 18, 12:53 PM

Chris Harvey, head of equity strategy for Wells Fargo & Co.

WFC

2 minute read

These 2 Small Energy Stocks Sport 10% Yields — And Maybe More — As OPEC+ Slashes Oil Quotas

By Robert Kuczmarski

October 13, 1:12 PM

With the Energy Select Sector SPDR Fund (ARCA: XLE) up roughly 45% year-to-date, shopping for energy stocks may prove to be more difficult when searching for more upside.

FANG

1 minute read

Recession Due To OPEC+ Oil Output Cut? IEA Says It May Be Tipping Point For Pushing Global Economy Into Recession

By Vandana Singh

October 13, 6:58 AM

With unrelenting inflationary pressures and interest rate hikes, higher oil prices may prove the tipping point for a global economy already on the brink of recession, the International Energy Agency (IEA) said.

RSX