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Trending News: Global Payments to Acquire Worldpay in $24 Billion DealFPFX Eyes Prop Trading Market Growth with New Cyprus OfficeFPFX Technologies Opens New Office in Cyprus to Support Prop TradingSynthetic Carry Trade Forex Strategy ExplainedCyprus-based WeTrade Secures CySEC License, Eyes EU ExpansionWhat Is Forex Sentiment Analysis Trading?XTB Trading Volume Triples Record Covid-19 Pandemic Levels Amid Trump’s Tariff VolatilityPound Extends Rally as UK Inflation Cools. 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Forecast as of 17.04.2025Latest WhatsApp Investment Scam Unveils Bots, Bogus Leaderboards, and Broken PromisesExclusive: FundedNext Re-Enters US with New Futures Prop PlatformNominate Your Fintech Brand for the Finance Magnates AwardsNominate your fintech brand for the Finance Magnates Awards.Webull Shares Fall Over 70% After Nasdaq Debut Despite Initial SurgeWhat Is the Forex Swap Rate Arbitrage Strategy?SEC Targets “Pig Butchering” and Romance Scams Leading to “Goodbye to Your Money”What Are Forex Market Impact Trading Models?Forex and CFD Trading Population in Poland Surges 40% as Losses Mount to Record 1.3B ZlotysAltria (MO) Stock Forecast for 2025, 2026, 2027–2030 and BeyondLoonie Rises Amid Tariff Relief. 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Forecast as of 15.04.2025IG Drops Guaranteed Stop Loss Fees as Trump Tariffs Rock MarketsUS Forex Brokers Hold Over $500 Million in Client Funds, CFTC Data ShowsXTB Advances 4% to All-Time High After 10 Million Zlotys Share Buyback AnnouncementShort-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 15.04.2025Business Transfers Boom at Wise, but Personal Accounts Still DominateeToro Users Gain Full Access to Hong Kong’s $5 Trillion MarketInvestors Divest US Dollar Amid US Policy Chaos. Forecast as of 15.04.2025What is the Global Debt Impact on U.S. DollarGold, Silver, and the Dollar in 2025Mastering the True Strength Index: A Comprehensive Guide for TradersStoneX Eyes Derivatives Market with US Futures Broker R.J. O’Brien AcquisitionHantec Markets UK Returns to Profit in 2024 as Equity Rises to £5.5 MillionSafe-Haven Yen Soars Against Trump Tariffs. Forecast as of 14.04.2025Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 14.04.2025XTB Boosts Crypto CFDs Offerings for Institutions: Cuts Spreads by 60%Tariffs Damage US Economy and Greenback. 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Forecast as of 10.04.2025With Girona FC Deal Extended, Axi Confirms Two-Season Renewal with Esporte Clube BahiaeToro Joins Robinhood in Stock Lending Arena with New Feature for European InvestorsShort-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 10.04.2025Forx Credit Gets Real-Time Upgrade as 24 Exchange Teams With CobaltFXShort-Term Analysis for Oil, Gold, and EURUSD for 10.04.2025Tariff Volatility Pushes FX Trading: Firms See “Strongest Days”

Oilfield service companies add more jobs in November, trade group says

INVESTING
December 9, 2024
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By Georgina McCartney

HOUSTON (Reuters) – Oilfield service companies ramped up hiring in November, adding 1,890 jobs in the sector, according to data from trade group Energy Workforce & Technology Council released on Monday.

WHY IT’S IMPORTANT

Oilfield service hiring can serve as an indicator of the health of the sector. Companies bringing on more employees could imply more drilling to come.

BY THE NUMBERS

Total (EPA:TTEF) jobs in the U.S. energy services sector rose to 655,630 in November, up from 654,062 in October, the data showed. In Texas, home of the prolific Permian basin which accounts for just under half of national oil production, 765 jobs were added, bringing the state’s total to 319,489.

CONTEXT

President-elect Donald Trump promised voters lower fuel prices, pledging to ramp up domestic production in his “dril, baby, drill” campaign. But in practical terms, Trump cannot fully control prices. And producers broadly remain focused on capital discipline over new drilling.

This post is originally published on INVESTING.

Oil falls after Trump reverses Colombia sanctions threat

INVESTING
January 27, 2025
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Oil falls after Trump reverses Colombia sanctions threat

By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

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Dollar gains on tariffs fears; euro looks to ECB meeting

INVESTING
January 27, 2025
42 views

Dollar gains on tariffs fears; euro looks to ECB meeting

Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

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