Here's Where The Russians See Oil Prices Going Next Year
The Russians are being more cautious than usual. They expect oil prices to average $55 per barrel even as Brent crude prices closed at $62.76 and Urals crude is priced at around $60. Russian oil prices right around the...
Oil prices jump as China imports soar, Canada fires still burn
By Jenny W. Hsu, Ben Dummett , and Chester Dawson
Published: May 9, 2016 6:40 a.m. ET
Market absorbing dismissal of Saudi Arabia’s oil minister
Oil prices were higher on Monday, boosted by strong crude imports...
The only map you need to see to know the Arctic is the next major frontier
Global warming has increasingly led to the melting of Arctic ice.
And, as the ice melts, the world's last true backwater will become a hotbed of global geopolitical competition.
The following map...
Markets At Crossroads: Huge Moves Brewing In Stocks And Gold
Thursday, May 05, 2016
by Taki Tsaklanos of InvestingHaven.com
Seldom have we seen so many assets and indicators at decision points simultaneously! We see stocks, gold, and the U.S. dollar trading at extremely important levels, all...
4 Must-Know Reasons Why This Oil Rally Won’t Last
By Ellen R. Wald, Ph.D.CommoditiesMay 03, 2016 06:43AM ET
Ellen R. Wald, Ph.D.
The price of oil reached a new 2016 high last week - $46. Oil’s steady climb over the past few weeks, coupled with small but continual reductions in U.S...
Oil Rally: Early Reaction To Rising Inflation?
By Michael AshtonMarket OverviewApr 27, 2016 06:11AM ET
I am sure that in my career I have seen weirder reactions. But when the Durable Goods number came out yesterday and plainly was significantly weaker-than-expected and...
The Week Ahead: Time To Sell The News?
By Jeff MillerStock MarketsApr 18, 2016 01:26AM ET
The economic calendar is moderate. Fed Heads are mostly on the bench. The Doha oil conference (combining OPEC and non-OPEC producers) will be the first major news for the week ahead...
Top oil countries fail to reach deal on production freeze
by Charles Riley and John Defterios @CNNMoneyInvest April 17, 2016: 3:04 PM ET
Doha: Oil's big freeze?
The world's top oil producers walked away from a marathon negotiating session on Sunday without an agreement to freeze crude...
Why no economic boost from lower oil prices?
Many analysts had anticipated that a dramatic drop in oil prices such as we’ve seen since the summer of 2014 could provide a big stimulus to the economy of a net oil importer like the United States. That doesn’t seem to be what we’ve...
OPEC Report Suggests Massive Oil Price Rebound
By Brad Beago 15 hours ago
The headlines reacting to OPEC’s April Oil Market Report generally read “OPEC concerned about global oil demand” and as such, oil prices traded down slightly on April 13, despite an overall positive market.
Crude falls from 2016-high, as Al-Naimi downplays prospects for cuts
CommoditiesApr 13, 2016 02:26PM ET
Both Brent and WTI retreated on Wednesday from yearly-highs closing below $45
Investing.com -- Crude futures retreated from 2016-yearly highs before paring considerable losses on a...
Fretting over Mortgage Backed Securities, Fitch Warns about Home Prices in Texas
by Wolf Richter • April 6, 2016
Real estate pros are preparing for a downturn.
Texas is, let’s say, in transition – from a phenomenally booming economy to something other than a booming economy. The oil bust is...
Perfect Storm for Oil Started on Schedule and Continues to Build
The perfect storm I predicted against the price of oil in the Ides of March has not fully developed, but all the forces I spoke of are continuing to build. The balmy days that prevailed for oil prices in early March have gone...
Shocking Photo: Nearly 30 Oil Tankers in Traffic Jam Off Iraqi Coast
By Charles Kennedy April 7, 2016 12:48 PM
Oil tankers are caught in a traffic jam near the Iraqi port of Basra, causing delays in loading. According to Reuters, around 30 very large crude carriers (VLCCs) are sitting in the...
Oil futures waver after supply-driven rally loses steam
By Jenny W. Hsu and Georgi Kantchev
Published: Apr 7, 2016 8:37 a.m. ET
Doubts grow that major oil producers will agree to an output freeze
Oil edged lower in choppy trade Thursday, as investors weighed an...
Saudis Retaliate To “Oil Freeze” Fallout: Ban Transport Of Iranian Crude In Territorial Waters
April 4th, 2016
ler Durden: At first, when it announced the terms of its “oil freeze” agreement with Russia one month ago, Saudi Arabia seemed willing to grant Iran a temporary exemption from the...
Saudi Policy Hints At The Future Of Oil
By Matthew AshleyCommoditiesApr 05, 2016 12:24AM ET
Most of the market players are now in agreement about the likelihood and efficacy of an oil production freeze. With oil prices taking further plunges to $35.45, it would appear that everyone has given...
Saudi Arabia can't stop burning through its foreign cash
Business Insider 13 hours ago
Saudi Arabia, the Gulf State which is taking a beating from the crash in oil prices, got another chunk of bad news on the state of its economy.
In a note released by analysts Simon Williams and Razan...
Why Oil Prices Could Plunge Soon
March 29th, 2016
Tyler Durden: ”Energy needs lower prices to maintain financial stress to finish the re-balancing process; otherwise, an oil price rally will prove self-defeating as it did last spring,” Goldman’s Jeffrey Currie recently wrote, on the outlook...
The Oil Surge Was Driven By The Biggest Short-Squeeze Ever
March 28th, 2016
Tyler Durden: Two months ago, just before crude dropped to 13 year lows, we warned oil traders that there is ”a constant short squeeze threat” because “oil shorts are at all-time highs“, adding that “we have seen...