Monthly Archives: November 2017

Oil May Determine Fate of Natural Gas-Weighted Stocks

The natural gas-weighted stocks were reportedly featured with the highest correlations with oil (USO) (USL) prices in the week’s calendar days to October 30, 2017, and included WPX Energy (WPX) with 96.2% among others. Continue reading

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Gas Field Prospect Could Boost South Canterbury, New Zealand Economy

A major potential gas discovery off the South Island’s east coast has been indicated by the New Zealand Oil and Gas (NZOG). The company has reportedly commissioned an independent study to understand the economic impact of the commercial discovery in the Barque field, which is around 80 kilometres east of Oamaru town in New Zealand. Continue reading

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