OPEC Be Warned: Russia Battens Down the Hatches for Oil at $40
BloombergMarch 24, 2017
Oil pumping jacks, also known as nodding donkeys, operate in snow at an oilfield operated by Bashneft PAO in the village of Dyurtyuli, Russia, on Thursday, March 3, 2016. Bashneft is an...
Existential Hours As We Wait For The Fed To Hand Down The Law
Monday March 14, 2016 18:14
This is a perfect day to look at bond yields and what they might be telling us about the FOMOC meeting scheduled for tomorrow and ending Wednesday.
Yet we have to take this snapshot with a grain of salt...
OPEC run banks look towards Russia as control over global oil moves North
Photo by Salah Malkawi/Getty Images
As the petrodollar continues to decline in use by oil producers over the past few years, a sea change is occurring where pricing and controls are slowly moving away from...
The European Central Bank Grabs The Markets’ Reins
Thursday March 10, 2016 18:09
Another risk-off day swirled around markets around the world today, extending yesterday’s momentum and touching all investments in some way.
Crude oil was down, but not spectacularly so, leading us to surmise...
They do have a good point
Iran snubs Doha proposal, won't freeze oil output
By ALI AKBAR DAREINI 18 hours ago
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...
'Non-Profit' Is Back With A Bang: 'Beggar Thy Neighbor' Complicates The Oil Industry
Feb. 12, 2016 7:09 AM ET
Financial development in Oil futures market increased risks for the industry as well as for other commercial constituencies involved in oil.