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Why did oil price spike higher at 10:50 AM ET???
Posted: Thu Sep 30, 2021 10:59 am
by dan_s
CHINA ORDERS TOP ENERGY FIRMS TO SECURE SUPPLIES AT ALL COSTS REPORTS - BLOOMBERG at around 10:30 AM ET
Re: Why did oil price spike higher at 10:50 AM ET???
Posted: Thu Sep 30, 2021 11:57 am
by dan_s
WTI has gained $2.50/bbl since this news came out.
Re: Why did oil price spike higher at 10:50 AM ET???
Posted: Thu Sep 30, 2021 12:02 pm
by Fraser921
Central control gotta love it!
They could of had it for 50 % less 6 months ago and stop their silly feud with Austrailia.
I follow shipping stocks. This is a bonanza for names like
GOGL
SBLK
GNK
Put them all on your watch list and do your own DD. Q3 earnings > They will be spectacular
Re: Why did oil price spike higher at 10:50 AM ET???
Posted: Thu Sep 30, 2021 12:37 pm
by Fraser921
Sblk
Wall Street will be looking for positivity from SBLK as it approaches its next earnings report date. In that report, analysts expect SBLK to post earnings of $2.09 per share. This would mark year-over-year growth of 646.43%. Meanwhile, our latest consensus estimate is calling for revenue of $402.56 million, up 101.06% from the prior-year quarter.