• "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

oil

  1. Scorpio

    Goldman Sachs says this rally in commodities is just a mirage

    Goldman Sachs says this rally in commodities is just a mirage By Victor Reklaitis Published: Mar 8, 2016 9:15 a.m. ET Critical information ahead of the U.S. market’s open Getty Images It’s not for real! Pundits are marveling at the S&P’s five-day march higher and Brent crude back...
  2. Scorpio

    Low oil price claims another victim

    Low oil price claims another victim — Goodrich Petroleum to miss bond interest payment By Ciara Linnane Published: Mar 8, 2016 1:19 p.m. ET Exploration firm hopes exchange offer will hold off Ch. 11 filing Getty Images Goodrich Petroleum Corp. has become the latest oil company to fall...
  3. Scorpio

    U.S. shale-oil output is still increasing in the Permian Basin

    U.S. shale-oil output is still increasing in the Permian Basin By Myra P. Saefong Published: Mar 8, 2016 2:07 p.m. ET Permian Basin is the ‘most prolific oil-producing area’ in the U.S. Getty Images The sun may be setting for U.S. shale-oil regions, but maybe not for the Permian...
  4. Scorpio

    Oil stocks tumble as short squeeze fades

    Oil stocks tumble as short squeeze fades By Tomi Kilgore Published: Mar 8, 2016 1:28 p.m. ET Oil sector ETF’s components all decline as crude-oil futures pull back Getty Images Oil wells pumps in Long Beach, Calif. Oil stocks traded sharply lower Tuesday, as a pullback in crude-oil...
  5. Scorpio

    “We’re Back Baby” – Positive Sentiment Reigns at PDAC

    “We’re Back Baby” – Positive Sentiment Reigns at PDAC By Neils Christensen of Kitco News Monday March 07, 2016 17:00 (Kitco News) - The general commodity market is still under pressure but thanks to gold’s almost 20% rally since the start of the year, the mood at the world’s largest mining...
  6. Scorpio

    Oil Presents The Same Old Riddle Only Start From The Middle

    Oil Presents The Same Old Riddle Only Start From The Middle Monday March 07, 2016 18:12 Many experts are suddenly touting the idea that the oil crash and long-standing route is dead and ready for burial. Certainly oil prices are acting as if that is true. At 3 o’clock in New York, West Texas...
  7. searcher

    R.T.M. ~ Frontrunning ~ 10th Ed., Vol.2 ~ Mar 7th - 11th

    SA - Real time news 03/06 http://seekingalpha.com/market-news CR - Schedule for Week of March 6, 2016 Read more at http://www.calculatedriskblog.com/2016/03/schedule-for-week-of-march-6-2016.html#qM8CCT5vr5mi1DoX.99 TBP - 10 Sunday Reads 03/06 http://ritholtz.com/2016/03/sunday-reads-41/...
  8. searcher

    Weekly Market Wrap Up 03/04

    Deleted post. Old, outdated business news. nmcu
  9. Scorpio

    Saudi raises crude price to Europe, Asia, cuts it for US

    Saudi raises crude price to Europe, Asia, cuts it for US 2 / 27 AFP Marwan Naamani 3 hrs ago Saudi Arabia, the world's largest crude exporter, Wednesday raised the April prices of its oil to Asia and Europe but cut it slightly for shipments to the United States. The move comes after oil...
  10. Scorpio

    Oil below $37 as US inventory rise counters output freeze plan

    Oil below $37 as US inventory rise counters output freeze plan 36 Mins AgoReuters Lucy Nicholson | Reuters A pump jack and pipes at an oil field near Bakersfield, California. Oil edged further below $37 a barrel on Wednesday as an industry report showing a rise in U.S. crude stockpiles to a...
  11. Scorpio

    We just got another massive sign of how badly Saudi Arabia is suffering from the oil price crash

    We just got another massive sign of how badly Saudi Arabia is suffering from the oil price crash Will Martin Feb. 29, 2016, 9:07 AM REUTERS/Mohamed Al HwaityA man with Saudi Arabia's national flag in 2013 riding with a driver performing a stunt known as sidewall skiing as part of early...
  12. Scorpio

    North Dakota oil bust shatters, shifts dreams of transplants

    North Dakota oil bust shatters, shifts dreams of transplants 6 / 45 Chicago Tribune By Ted Gregory 1 hr ago CHICAGO — When the oil boom was churning in remote expanses of Montana and North Dakota, Andy Turco left college in Illinois to take a chance on finding backbreaking, dangerous and...
  13. Goldhedge

    Citi: Here Comes a Global Recession

    Citi: Here Comes a Global Recession Growth is likely to fall apart. Julie Verhage julieverhage February 25, 2016 Video at link After a few years of reasonably calm markets and stable growth around the world, Citigroup Inc. says the chances of a global recession are already high and only...
  14. searcher

    R.T.M. ~ Frontrunning ~ 9th Ed., Vol.2 ~ Feb 29th - Mar 4th

    MtM - Are the Dollar Bulls Retaking the Initiative? 02/27 http://www.marctomarket.com/2016/02/are-dollar-bulls-retaking-initiative.html MtM - Small Changes in Speculative Positioning in the Futures Market 02/27 http://www.marctomarket.com/2016/02/small-changes-in-speculative.html SA - Real...
  15. Scorpio

    "There’s A Feeling Of Bits Of Ice Cracking All At Once"

    mind you, this is after last weeks report showing gas supplies being drawn down, while crude supplies were up again, "There’s A Feeling Of Bits Of Ice Cracking All At Once" - This Is The 'Big New Threat' To Oil Prices Tyler Durden One week ago, we reported that even as traders were focusing...
  16. searcher

    Weekly Market Wrap Up 02/26

    COT Gold, Silver and US Dollar Index Report - February 26, 2016 By: GoldSeek.com COT Gold, Silver and US Dollar Index Report - February 26, 2016 Gold Seeker Weekly Wrap-Up: Gold and Silver End Slightly Lower on the Week By: Chris Mullen, Gold-Seeker.com Gold fell $21.52 to as low as...
  17. Scorpio

    Mansion prices tumble as oil rout hits Houston's rich

    Mansion prices tumble as oil rout hits Houston's rich 12 / 17 Reuters By Terry Wade and Anna Driver 11 hrs ago Prices for mansions in Houston's swankiest neighborhood have tumbled in lock-step with crude prices. The Houston Opera has offered free season tickets to patrons who lost their...
  18. Scorpio

    Oil Dances Some More Helping Gold To Move Up

    Oil Dances Some More Helping Gold To Move Up Wednesday February 24, 2016 17:58 One month ago, crude oil closed at 33.35. Today it settled at $32.15. In between those marks, the swing above and below $30 per barrel has been about 10% on either side of the line. It hasn’t budged out of the...
  19. searcher

    Oil Is Now So Cheap Even Pirates Aren’t Stealing It Any More

    Oil is now so cheap even pirates aren’t stealing it any more Written by Cassie Werber@cassiewerber February 18, 2016 A huge target. (Reuters/Tim Chong) Stealing the oil from a ship is no mean feat. Oil tankers are enormous, and ships that carry expensive cargo are designed to be difficult to...
  20. Scorpio

    Oil, Copper Fade with Risk Trade while Gold Holds Up ahead of G20

    Oil, Copper Fade with Risk Trade while Gold Holds Up ahead of G20 Tuesday, February 23, 2016 by Nathalie Huynh of DailyFX DailyFX.com - Commodities, stocks gave back gains due to market re-positioning upon macro risk: Brexit, China stimulus, G20 summit. Gold is in favor again Talking...