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oil

  1. Scorpio

    As U.S. shale sinks, pipeline fight sends woes downstream

    As U.S. shale sinks, pipeline fight sends woes downstream By Tom Hals 16 minutes ago A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver By Tom Hals WILMINGTON, Del. (Reuters) - Within weeks, two low-profile legal disputes may determine whether an...
  2. Scorpio

    IEA warns consumers of spike in oil prices

    IEA warns consumers of spike in oil prices The International Energy Agency (IEA) is warning consumers not to let cheap oil lull them into a false sense of security amid forecasts of a price spike by 2021. In a report, the IEA said it expects prices to start recovering in 2017. But it...
  3. searcher

    R.T.M. ~ Frontrunning ~ 8th Ed., Vol.2 ~ Feb 22nd - 26th

    Deleted my posts. Nothing more than old / outdated business news, deal links & vids. WOT
  4. Scorpio

    Gold Holds Steady as Oil Sinks and Equities Struggle

    Gold Holds Steady as Oil Sinks and Equities Struggle Friday February 19, 2016 18:25 Gold stayed more or less steady as the session and week neared an end. Spot gold was down, but the April futures contract was up. While it’s easy enough to name suspects in today’s maintenance of the status...
  5. Scorpio

    U.S. Crude Inventories Are The Highest Since The Great Depression

    U.S. Crude Inventories Are The Highest Since The Great Depression January 27th, 2016 Tyler Durden: In case you were under the impression that oil was stabilizing, we thought this chart might help clarify just how “different” it is this time in the energy complex… U.S. crude inventories are at...
  6. Scorpio

    liberals and socialists watching out for the little guy

    Venezuela Raises Fuel Prices By More Than 6,000 Percent By Nick Cunningham 3 hours ago In a televised-address on February 17, Venezuelan President Nicolas Maduro delivered some crushing news to his country. To address the fiscal crisis facing the country, the government decided to raise...
  7. Scorpio

    Iran snubs Doha proposal, won't freeze oil output

    They do have a good point Iran snubs Doha proposal, won't freeze oil output By ALI AKBAR DAREINI 18 hours ago . View photo FILE -- In this Sept. 30, 2015, file photo, oil pumps work in the desert oil fields of Sakhir, Bahrain. Russia’s energy minister, Alexander Novak, said, Tuesday...
  8. Scorpio

    Ecuador’s Oil Industry Catastrophe… To Spread Around The World

    Ecuador’s Oil Industry Catastrophe… To Spread Around The World Steve St Angelo There’s an ongoing catastrophe taking place in Ecuador. Not only has a significant part of the Amazon been polluted by toxic waste oil left behind from the wonderful folks at Texaco when the company started...
  9. Scorpio

    Oil prices rally, building on largest gain in 7 years

    Oil prices rally, building on largest gain in 7 years By Sara Sjolin, Jenny W. Hsu , and Miriam Malek Published: Feb 15, 2016 7:18 a.m. ET Choppy trade as hopes grow for production cut pact AFP/Getty Images Crude-oil prices continued to march higher in choppy trade on Monday, gaining on...
  10. Scorpio

    Offshore oil rig operator Paragon files for chapter 11

    Offshore oil rig operator Paragon files for chapter 11 By Peg Brickley Published: Feb 14, 2016 9:46 p.m. ET Firm seeks to reduce $1.1 billion in debts Bloomberg News Paragon Offshore fell victim to plummeting oil prices. Offshore drilling rig operator Paragon Offshore PLC filed for...
  11. Scorpio

    Gold Is Tripped Up By Higher Oil and Stronger Equities

    Gold Is Tripped Up By Higher Oil and Stronger Equities Friday February 12, 2016 18:15 It’s easy to define the “what?” and the “how?” of today’s markets. Let’s start with the astounding leap in oil. The “why?” will be elusive? But do read on. The answer is below – far below. At 4:00 in New...
  12. Scorpio

    We Won’t Back Down. The Energy Report 2/12/16

    We Won’t Back Down. The Energy Report 2/12/16 Friday, February 12, 2016 by Phil Flynn of The PRICE Futures Group No matter what, we won’t back down. Well on second thought, maybe we will back down. It’s not what is being proposed but it is who is doing the proposing. After a late break in oil...
  13. searcher

    Weekly Market Wrap Up 02/12

    Deleted my posts. Nothing but old / outdated business news. WOT
  14. Scorpio

    The Big-Oil Bailouts Begin

    The Big-Oil Bailouts Begin by Don Quijones • January 30, 2016 The hundred-billion-dollar question. By Don Quijones, Spain & Mexico, editor at WOLF STREET. Low oil prices continue to sow fear, uncertainty, and mayhem across the emerging market complex. On Wednesday, it was leaked that the...
  15. Scorpio

    'Beggar Thy Neighbor' Complicates The Oil Industry

    'Non-Profit' Is Back With A Bang: 'Beggar Thy Neighbor' Complicates The Oil Industry Feb. 12, 2016 7:09 AM ET | Procyon Mukherjee Summary Financial development in Oil futures market increased risks for the industry as well as for other commercial constituencies involved in oil. Only 0.1%...
  16. Scorpio

    Dollar strengthens vs. rivals ahead of U.S. data

    Dollar strengthens vs. rivals ahead of U.S. data ForexFeb 12, 2016 05:32AM ET © Reuters. Dollar gains ground vs. other majors, eyes on U.S. data Investing.com - The dollar strengthened against the other major currencies on Friday, as investors awaited the release of U.S. data due later in the...
  17. Scorpio

    Sovereign Wealth Funds Draining Market Liquidity

    Sovereign Wealth Funds Draining Market Liquidity Feb. 10, 2016 5:27 AM ET Wall Street Daily By Tim Maverick Most financial market observers point to liquidity from central banks as a prime reason stock markets have gone up so much in recent years. True enough… But there's another huge source...
  18. Scorpio

    Oil industry woes grow as storage levels hit ‘critical level’

    Oil industry woes grow as storage levels hit ‘critical level’ By Myra P. Saefong Published: Feb 8, 2016 5:23 p.m. ET Bloomberg Storage tanks at Cushing, Okla. are filling up. The storage tanks at Cushing, Okla., the delivery point for the New York Mercantile Exchange crude contract, are...
  19. Scorpio

    NFP is DOA

    NFP is DOA Good Morning Traders, As of this writing 4:20 AM EST, here’s what we see: US Dollar: Down at 96.965 the US Dollar is down 89 ticks and trading at 96.965. Energies: March Crude is up at 31.01. Financials: The Mar 30 year bond is up 9 ticks and trading at 163.17. Indices: The Mar...
  20. searcher

    R.T.M. ~ Frontrunning ~ 6th Ed., Vol.2 ~ Feb 8th - 12th

    CR: Schedule for Week of February 7, 2016 http://www.calculatedriskblog.com/2016/02/schedule-for-week-of-february-7-2016.html SA: Weighing The Week Ahead: Is A Recession Looming? 02/07 http://seekingalpha.com/article/3872156-weighing-week-ahead-recession-looming LT: Outlook for Week of...