Crude Climbs on Inventory Drop

Source: Dow Jones, Dan Strumpf and Jerry DiColo (9/8/11)

"Oil inventories fell more than expected last week, due largely to storm-related disruptions."

Dow Jones, Dan Strumpf and Jerry DiColo

Crude futures rose slightly Thursday after the government said oil inventories fell more than expected last week, due largely to storm-related disruptions.

Light, sweet crude for October delivery recently traded $0.49, or 0.6%, higher at $89.83 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded up $0.54, or 0.5%, to $116.31 a barrel.

U.S. commercial oil inventories fell 4 million barrels last week, the Department of Energy said in a weekly survey released Thursday. Analysts attributed the decline to Hurricane Irene and Tropical Storm Lee, which curtailed imports. . .View full article

A Major Currency Event is Unfolding
Source: Barry Dawes (03/31/2026)

With Operation Epic Fury still on everyone's minds, Barry Dawes of Martin Place Securities shares his thoughts on the market and where currencies are headed.

Ngaere-2 Well Beats Expectations, Tariki Gas Storage Offer Imminent
Source: Stephane Foucaud (03/31/2026)

Auctus Advisors raised its target price on New Zealand Energy Corp. (NZ:TSX.V; NZERF:OTCQX) after the Ngaere-2 well recompletion delivered 300 bbl/d, exceeding expectations.

Trumped!
Source: Michael Ballanger (03/30/2026)

Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, and shares one copper stock on his list.

Research Capital reaffirmed its rating and target on Reconnaissance Energy Africa Ltd. (RECO:TSXV; RECAF:OTCQX; 0XD:FSE) as production testing kicked off at the KW1X well in Namibia.

Energy Developer Targets Massive High-Grade Hydrocarbon Potential in Southern Africa
Source: Streetwise Reports (03/26/2026)

Reconnaissance Energy Africa Ltd. (RECO:TSXV; RECAF:OTCQX; 0XD:FSE) is exploring for hydrocarbons in Africa. One analyst sees bullish signs in its charts.