Dawson Geophysical Says Oil Companies Stay Cautious – Commodity Commentary

by on August 12, 2021 0

By Matt Grossman Dawson Geophysical Co. said Thursday that oil exploration and production activity bottomed out in the second quarter as companies in the sector remained cautious about capital spending. On the oil: “Exploration and production companies continue on the path of capital discipline, focusing on shareholder returns and keeping expense levels below cash...

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Conifex Timber Inc. Expects Better Balance in Timber Markets – Commodity Commentary

by on August 10, 2021 0

By Stephen Nakrosis Conifex Timber Inc. said Tuesday it expects a better balance in timber markets and a gradual recovery in timber prices throughout the year, resulting from strong demand for housing starts in the United States. United, a resumption of repair and renovation activities and a “reduction in lumber shipments following recent announcements...

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Commodities markets on edge as Delta epidemic shakes China

by on August 6, 2021 0

Oil fell, capping the biggest weekly loss since October, as the delta spread and elsewhere in the world casts doubts on the growth in demand. West Texas Intermediate futures fell 1.2% on Friday and 7.7% for the week. The dollar rose following a better-than-expected US employment report, weakening the attractiveness of commodities denominated in...

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Sunoco 2Q Fuel Volumes 28% Increase – Commodity Commentary

by on August 3, 2021 0

By Robb M. Stewart Sunoco LP’s fuel sales jumped year over year in the second quarter, but remained below pre-pandemic levels, and it continues to expect higher volumes across the board. the year. On the results: The partnership, whose core businesses include distributing fuel to approximately 10,000 convenience stores, independent dealers, commercial customers and...

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Kimberly-Clark Reports Second Quarter Results, Offers Advice – Commodity Commentary

by on July 23, 2021 0

Kimberly-Clark Corp. released its second quarter 2021 results on Friday and offered advice. Supply chain disruption: “We have also seen incidents of supply chain disruption and increased currency and commodity volatility,” the company said. Targets: The company is now targeting an organic sales decline of 0-2% for the full year of 2021 and adjusted...

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