Why Oil Stocks Are Coming Under Pressure

Lee Samaha2021-04-06

The OPEC merry-go-round continues. After surprising the market in early March by keeping supply restrictions in place through April, the group of oil-producing nations decided to surprise the market ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Badanu
2021-04-07
Badanu
Stuck again?
JFK
2021-04-07
JFK
Ok
DingDang
2021-04-07
DingDang
Cheaper fuel coming? Please like and comment!
- Peiqi:
  yes pls
- BOTANIKA:
  oversupply
JayTan
2021-04-07
JayTan
Like and comments
- nosferatu:
  done
- JayTan:
  ThanKs
Egging
2021-04-07
Egging
Like and comment people!!
- JFK:
  Ok
- IsleofSkye:
  Done. Pls comment back
Sorrie2u
2021-04-07
Sorrie2u
Ok no problem

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2125511718?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-04-06 23:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2125511718","market":"us","top_or_hot":-1,"title":"Why Oil Stocks Are Coming Under Pressure","media":"Lee Samaha","content":"<div>\n<p>The OPEC merry-go-round continues. After surprising the market in early March by keeping supply restrictions in place through April, the group of oil-producing nations decided to surprise the market ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/06/why-oil-stocks-are-coming-under-pressure-hint-opec/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Oil Stocks Are Coming Under Pressure</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Oil Stocks Are Coming Under Pressure\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/06/why-oil-stocks-are-coming-under-pressure-hint-opec/><strong>Lee Samaha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The OPEC merry-go-round continues. After surprising the market in early March by keeping supply restrictions in place through April, the group of oil-producing nations decided to surprise the market ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/06/why-oil-stocks-are-coming-under-pressure-hint-opec/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.fool.com/investing/2021/04/06/why-oil-stocks-are-coming-under-pressure-hint-opec/","article_id":"2125511718","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2125511718","pubTimestamp":1617721980,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The price of oil continues to be impacted by supply machinations.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"石油库存为何承压","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"The OPEC merry-go-round continues. After surprising the market in early March by keeping supply restrictions in place through April, the group of oil-producing nations decided to surprise the market recently by increasing production levels in May and then again in June and July.Image source: Getty Images.These actions have a distorting effect on the price of oil, and shareholders in major oil companies like Occidental Petroleum (NYSE:OXY) are feeling it, too. After surging in early March due to the rise in oil to $65 a barrel, Occidental stock slumped 7.6% on Monday, and the price of oil is now below $60 a barrel as this is being written.Data by YCharts.The decision to increase supply is a victory for Russia, often seen as favoring production increases to maximize income from pumping oil. In contrast, the prime mover in curtailing supply, Saudi Arabia, has tended to favor aiming for higher oil prices.As ever with commodities and commodity stock investors, it's a good idea to keep an eye on demand as well as supply. Growth in the global economy will increase demand in the future, and ultimately the interplay of supply and demand will determine the price of oil.OPEC's sudden applying and releasing the brake on oil production has an artificial near-term impact on the price. But the reality is that OPEC members still need to sell oil, and oil-importing nations still need to buy. It's questionable just how much long-term impact such actions really have, something for Occidental investors to consider as the share price gets pushed around in the near term","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":343763573,"gmtCreate":1617756082392,"gmtModify":1704702646288,"author":{"id":"3552705374220089","authorId":"3552705374220089","authorIdStr":"3552705374220089","name":"Badanu","avatar":"https://static.tigerbbs.com/486d06a79de428dc38faea5855403ce8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3552705374220089"},"htmlText":"Stuck again?","listText":"Stuck again?","text":"Stuck again?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343763573","repostId":2125511718,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":343424381,"gmtCreate":1617751292743,"gmtModify":1704702532978,"author":{"id":"3567221235003553","authorId":"3567221235003553","authorIdStr":"3567221235003553","name":"JFK","avatar":"https://community-static.tradeup.com/news/a89af0535393568b5b43866c02b3230f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3567221235003553"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343424381","repostId":2125511718,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":343488855,"gmtCreate":1617749693077,"gmtModify":1704702499733,"author":{"id":"3553254172092293","authorId":"3553254172092293","authorIdStr":"3553254172092293","name":"DingDang","avatar":"https://static.tigerbbs.com/d2a0c38ce6f3c2661fa15b7d1f52eeaf","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3553254172092293"},"htmlText":"Cheaper fuel coming? Please like and comment!","listText":"Cheaper fuel coming? Please like and comment!","text":"Cheaper fuel coming? Please like and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/343488855","repostId":2125511718,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3978805,"gmtCreate":1617795841918,"gmtModify":1680783182227,"authorId":3573731511713779,"author":{"id":3573731511713779,"authorId":3573731511713779,"name":"Peiqi","avatar":"https://static.tigerbbs.com/6ad2ab300acbe427a7b14e371265cfd0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343488855,"type":1,"supId":0,"prevId":0,"content":"yes pls","text":"yes pls","html":"yes pls"},{"id":3973647,"gmtCreate":1617750614379,"gmtModify":1680783106257,"authorId":3567819041457321,"author":{"id":3567819041457321,"authorId":3567819041457321,"name":"BOTANIKA","avatar":"https://static.tigerbbs.com/4f98f0d75089e9046593d4b550028387","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343488855,"type":1,"supId":0,"prevId":0,"content":"oversupply","text":"oversupply","html":"oversupply"}],"langContent":"EN"},{"id":343488033,"gmtCreate":1617749661222,"gmtModify":1704702499401,"author":{"id":"3572397521268164","authorId":"3572397521268164","authorIdStr":"3572397521268164","name":"JayTan","avatar":"https://static.tigerbbs.com/2df5c1d990871ccbfc0f26d4948532db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572397521268164"},"htmlText":"Like and comments","listText":"Like and comments","text":"Like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/343488033","repostId":2125511718,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3973823,"gmtCreate":1617751810313,"gmtModify":1680783110484,"authorId":3573969380135724,"author":{"id":3573969380135724,"authorId":3573969380135724,"name":"nosferatu","avatar":"https://static.tigerbbs.com/87ad6e123460802cc5d376214269cd69","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.05","exceedPercentage":"60.24%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343488033,"type":1,"supId":0,"prevId":0,"content":"done","text":"done","html":"done"},{"id":3973909,"gmtCreate":1617752203000,"gmtModify":1680783108775,"authorId":3572397521268164,"author":{"id":3572397521268164,"authorId":3572397521268164,"name":"JayTan","avatar":"https://static.tigerbbs.com/2df5c1d990871ccbfc0f26d4948532db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343488033,"type":1,"supId":0,"prevId":0,"content":"ThanKs","text":"ThanKs","html":"ThanKs"}],"langContent":"EN"},{"id":343411740,"gmtCreate":1617748569380,"gmtModify":1704702484408,"author":{"id":"3574409680880402","authorId":"3574409680880402","authorIdStr":"3574409680880402","name":"Egging","avatar":"https://static.tigerbbs.com/5d5b3caed5b1dc46f9f3a4e05eef58cb","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3574409680880402"},"htmlText":"Like and comment people!!","listText":"Like and comment people!!","text":"Like and comment people!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/343411740","repostId":2125511718,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3973748,"gmtCreate":1617751299930,"gmtModify":1680783109752,"authorId":3567221235003553,"author":{"id":3567221235003553,"authorId":3567221235003553,"name":"JFK","avatar":"https://community-static.tradeup.com/news/a89af0535393568b5b43866c02b3230f","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"60.57%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343411740,"type":1,"supId":3973419,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"},{"id":3973419,"gmtCreate":1617749022414,"gmtModify":1680783101989,"authorId":3568855588230949,"author":{"id":3568855588230949,"authorId":3568855588230949,"name":"IsleofSkye","avatar":"https://static.tigerbbs.com/67513c367fa2b32512713968a36dcf7d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343411740,"type":1,"supId":0,"prevId":0,"content":"Done.&nbsp; Pls comment back","text":"Done.&nbsp; Pls comment back","html":"Done.&nbsp; Pls comment back"}],"langContent":"EN"},{"id":343411538,"gmtCreate":1617748555724,"gmtModify":1704702484247,"author":{"id":"3557997848207595","authorId":"3557997848207595","authorIdStr":"3557997848207595","name":"Sorrie2u","avatar":"https://community-static.tradeup.com/news/61cbe83d2927cba11b9b940c52c7e69e","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"3557997848207595"},"htmlText":"Ok no problem","listText":"Ok no problem","text":"Ok no problem","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343411538","repostId":2125511718,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":57,"commentSize":18,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2125511718"}