GuerillaStockTrading

$IYT $GLNG Crossing the Melting Arctic

Jul.27 -- This year, the Arctic is on track to post the lowest ice coverage on record. That development has concerned scientists, but for companies producing and shipping oil, gas and metals, this is opening a new and shorter sea route from Northern Europe to China. Bloomberg Green’s Laura Millan discusses the developments on “Bloomberg…
GuerillaStockTrading

$USO Equinor CEO Sees Fragile Situation in Oil Market

Jul.24 -- Norway's state-controlled oil producer Equinor ASA reported a surprise profit, helped by trading gains, in what Executive Officer Eldar Saetre called the "most dramatic quarter in the history of the oil markets." The Stavanger-based company reported an adjusted net profit of $646 million, well ahead of the expected loss of $250 million in…