U.S. stock futures fall headed into big earnings week
After the markets were closed for Good Friday, the U.S. stock-index futures fell Sunday, ahead of a big...
After the markets were closed for Good Friday, the U.S. stock-index futures fell Sunday, ahead of a big week of earnings reports.
As of 10:15 p.m. Eastern, Dow Jones Industrial Average futures YM00 futures fell about 90 points, or 0.3%, while S&P 500 futures ES00 declined 0.6% and Nasdaq-100 futures NQ00 tumbled 1%. After sharp losses, once trading began Sunday evening, all three indexes were improving slightly as the overnight trading session continued.
Futures for U.S. crude CLK22, meanwhile, rose to $108.04.
Jess Harris, Sr. (1891-1971) Hart Publications named Oklahoma landman Jess Harris Sr. as one of the “100 most influential people” in the petroleum industry in the 20th century. It is a list that includes John D. Rockefeller and Winston Churchill and demonstrates Harris’ standing as a giant in his field. The landman is an essential figure in the acquisition of leases necessary for the drilling of oil. In a rough and tumble business, Harris and the firm he established have for 70 years possessed an unexcelled reputation for professional competence and integrity. Harris began his career in the petroleum industry in Hughes and Seminole counties and expanded into the oilfields of Texas. In partnership with Thomas Nix, he leased millions of acres for his clients and took part in numerous oil and gas drilling ventures all over the United States. Such was the reputation of his firm that major companies and independent operators “working in the Midcontinent region sent their potential hires to the Harris firm for training.” Harris was instrumental in establishing the Oklahoma City Association of Petroleum Landmen. The Jess Harris Memorial Golf Tournament, hosted by that organization for the benefit of charity, is a tribute to his generosity and the esteem in which his peers held him.
🔥From Twitter: Biden is scaring away the investors needed to expand energy supplies
From @WSJopinion:...
From @WSJopinion: Biden’s blame game will raise oil prices, writes @EnergyLawProf. Democrats’ bluster about "corporate greed" is scaring away the investors needed to expand energy supplieshttps://t.co/ZbIkigNCkV
Expert: Next US oil release could flip crude curve
The oil market is at its smallest premium since January and US emergency oil reserves that are expected...
The oil market is at its smallest premium since January and US emergency oil reserves that are expected to hit the market in May risk creating a temporary glut that could send the crude oil futures curve into contango. PVM Oil Associates analyst Tamas Varga says the "coordinated and unprecedented SPR release puts pressure on the front-end."