Go to the list of all blogs
Sergey Savastiouk's Avatar
published in Blogs
Sep 17, 2019

Attacks on Saudi oil supply effectively wipe out the world’s spare capacity, S&P Platts says

The attacks on critical oil production facilities in Saudi Arabia over the weekend will effectively wipe out the world’s spare oil capacity, an expert from S&P Global Platts said on Monday.

An oil processing facility at Abqaiq and the nearby Khurais oil field were attacked on Saturday, knocking out 5.7 million barrels of daily crude production — or 50% of the kingdom’s oil output. That’s more than 5% of global daily oil production.

The country’s national oil company, Saudi Aramco, has 35 to 40 days of supply to meet contractual obligations, according to a source close to the matter.

Read More...

Related Ticker: OILX
Ad is loading...
In the face of recent challenges in the US stock market, where major indexes have witnessed consecutive declines for three weeks running, it's no surprise that many traders find themselves grappling with disappointment and losses. However, amidst the turbulence, there's a beacon of hope for those who understand the power of strategic algorithms and their uncanny ability to turn market volatility into profit opportunities.
Discover the energy sector's recent exhilarating journey with a spotlight on the Shale Oil Group, featuring prominent tickers $XOM, $BHP, $PXD, $HES, and $FANG. Buckle up as we delve into their collective gain of +9.12% in the last month! 🚀📈 Unearth the world of shale oil production, where companies like Exxon Mobil Corp, BHP Group Limited, Pioneer Natural Resource Co, Hess Corp, and Diamondback Energy play a pivotal role. As economic shifts, geopolitical tensions, and environmental considerations sway the energy landscape, these players navigate a dynamic market.
#artificial_intelligence#latest#popular#technical_analysis
Dive into the dynamic world of Wireless Telecom as we explore the remarkable journey of Charter Communications (CHTR) with a notable gain of +2.03%. In this insightful blog, we'll navigate through the sector's landscape, uncovering the driving forces behind its recent movements. Discover the industry's giants like Comcast Corp (NASDAQ:CMCSA), Verizon Communications (NYSE:VZ), AT&T (NYSE:T), and Lumen Technologies (NYSE:LUMN), and understand how they contribute to the sector's growth. From market capitalization trends to high and low price fluctuations, we'll unravel the market dynamics that shape the wireless telecommunications arena. Join us to gain expert insights into fundamental analysis ratings, explore potential growth trajectories, and comprehend the sector's intricate seasonality score. Let's venture into the realm of Wireless Telecom and its standout player, Charter Communications, as we decode the recent +2.03% gain and its impact on this ever-evolving sector.
The Oil Refining/Marketing segment is an essential component of the energy sector. It comprises companies dedicated to refining crude oil into a spectrum of petroleum products like gasoline, diesel, and jet fuel. These entities, operating in the downstream sector of the oil business, take charge of the post-production processes of crude oil and natural gas. Their focus extends to marketing and distribution. Notably, when there's a dip in oil prices, downstream businesses might be shielded or even stand to benefit as the acquisition cost of crude oil plummets. Industry giants in the U.S. encompass Phillips 66, Marathon Petroleum Corporation, and Valero Energy Corp.
#trading
One shining example of this is the remarkable performance of AI trading robots accessible through the "Day Trader: Medium Volatility Stocks for Active Trading (TA&FA)." These AI-driven trading bots, often referred to as 'bot factories,' have showcased their prowess by generating a remarkable gain of +9.61% while trading AMD over the previous week. This accomplishment becomes even more noteworthy considering the broader market trends and the recent earnings report.
The Construction Materials Industry has been a focal point of investor attention recently, showcasing an impressive performance surge of +12.84% over the past month. This upward trajectory has sparked interest in several key stocks within the industry, including $JHX, $CRH, $EXP, $CX, $MLM, $USLM, $VMC, $BCC, $CPAC, $SUM, $TGLS, $LOMA, $RETO, $SMID, and $KNF.
Last week was challenging for the entire market, with indices experiencing a decline of around 3%. The Motor Vehicles industry saw the most significant downturn. For instance, the giant TSLA dropped by 11%, while NIO's shares plummeted by 17%. We actively trade stocks of this type in almost all of our robots due to their high volatility, and we had a good week profiting from short positions. You can receive signals in this robot: Swing Trader - Medium Volatility Stocks for Active Trading (TA/FA).
One of the most intriguing developments in recent times is the rise of AI-powered trading robots, designed to navigate complex market scenarios with remarkable precision. Among these innovative trading tools, "Trend Trader, Popular Stocks: Price Action Trading Strategy (TA&FA)" has emerged as a standout performer, demonstrating its prowess as a bot factory generating substantial gains.
The Food Retail Industry has recently witnessed a remarkable surge of +10.26% in its performance over the past month, making it a focal point for investors and analysts. This article delves into the industry's recent developments, focusing on key tickers and their trends within this sector.
Yesterday, the market closed with a modest gain, driven primarily by semiconductor sector stocks, which saw increases ranging from 1 to 7%. It's possible that today the upward momentum will be picked up by stocks from other sectors. For more signals on stocks, you can subscribe to our robots: Swing-Trader-3K-per-position-Medium-Volatility-Stocks-for-Active-Trading-TA-FA.
The inflammation industry primarily comprises biotech and pharmaceutical companies that focus on the treatment of cancer, inflammation, and other diseases related to cell proliferation. Noteworthy players in this domain include Karyopharm Therapeutics Inc., Allakos Inc., and Zymeworks.
#investment
Among these, the "Swing Trader, Popular Stocks: Short Bias Strategy (TA&FA)" AI trading robots have proven to be formidable contenders, demonstrating their prowess by achieving a commendable +7.44% gain while trading XELA over the previous week. However, the dynamics of the market are intricate, and a closer analysis is essential to comprehend the broader picture.
The Cosmetic sector has showcased a remarkable upsurge of +25.82% in its performance over the past month, marking a significant positive shift in the industry. This article delves into the key themes and notable companies within this sector, shedding light on recent price movements and volume trends.
Dive into the dynamic world of uranium stocks as we explore their recent impressive gains. 📈 Discover the driving forces behind the +9.04% surge in tickers like $CCJ, $UEC, $UUUU, and $NXE. From bullish trends to positive indicators, find out how these companies are riding the momentum and what it means for the uranium sector's future. Join us on this journey to unravel the market movements that have led to these remarkable gains and gain valuable insights into the factors shaping the industry. Whether you're an investor, a market enthusiast, or simply curious about the forces at play, this blog is your guide to understanding the fascinating dynamics of uranium's recent climb.
#latest#popular#artificial_intelligence#trading#neutral_bluish#technical_analysis#asset_allocation
The "Day Trader: Medium Volatility Stocks for Active Trading (TA&FA)" AI trading robots have recently demonstrated their prowess, operating as efficient bot factories that achieved an impressive gain of +6.99% through their active trading of NVDA over the past week. This performance raises the question: can AI-driven trading bots consistently outperform traditional methods?
The Pulp & Paper industry has been making remarkable strides, recording an impressive +5% surge in performance over the past week. This positive momentum has been underscored by several factors, showcasing a potential avenue for investors seeking growth opportunities. Within this dynamic landscape, let's delve into three important themes shaping this industry and examine the key tickers that stand out.
Diving into the world of agricultural chemicals, our latest blog sheds light on the recent market dynamics that led to a collective loss of -9.85% for prominent players like $NTR, $MOS, $CF, $CTVA, and $FMC. As an astute financial analyst, I dissect how these companies, once riding high, are navigating a challenging landscape. This blog takes you through the ups and downs of the sector, with insights into market caps, price movements, and fundamental analysis ratings. Uncover the reasons behind the sector's recent setback and explore whether a turnaround could be on the horizon. Join me as we delve into the intricate world of agricultural chemicals and discover the forces that have shaped this -9.85% group loss.
#technical_analysis#latest#popular#artificial_intelligence#trading#asset_allocation
In the dynamic world of finance, one stock stands out: USB ($35.84), the symbol of resilience in the realm of regional banks. As the RSI Indicator recently departed the oversold territory on August 22, 2023, a potential uptrend seems to be on the horizon. This shift prompts traders to consider strategic moves, from buying the stock to exploring call options.
#latest#popular#neutral_bluish#artificial_intelligence#trading#technical_analysis#asset_allocation
Yesterday, stock indices posted a growth of approximately 1.5%, potentially forming a reversal pattern. Leading this growth were shares of mineral extraction companies, which saw an average increase of 2-3%. You can check out signals for these company stocks in our robot:Swing-Trader-1-5K-per-position-Hedge-Fund-Style-Trading-TA-FA
The goods industry primarily encompasses producers and sellers of meat, fish, and dairy products. Many companies in this sector also delve into processed food sales. Key players in this domain include Tyson Foods, Inc., Sanderson Farms, and Hormel Foods.
#investment