All Posts Tagged With: "Oil Market"
Saudi’s Fail In Bid To Slash Oil Price: Here’s Why It’s Time To Buy Oil
The mooted plan by Saudi Arabia to hike oil production in July by 200,000 barrels is marginal. It is not going to have a significant effect on the oil price. I am also not sure if it is true, after all it was UN head honcho Ban Ki Moon who revealed the plan and not the Saudis.
Biggest One Day Oil Price Jump Makes These 2 Shares an Immediate ‘Buy’!
Something astonishing happened yesterday…Oil trading was thin all day. The price barely moved. Then, in the very last hour, BOOM!
Precious Metals Spinning Wheels
Gold had a lackluster day, reaching only as high as $885 early in the New York session on Wednesday, then getting ground slowly down straight through the Globex to finish at $878.50/oz., down $2.80. Overnight, gold has been trending lower.
Big Ben’s Loose Lips
The trouble with getting older…Big Ben expresses himself…Globalization is no longer a force for good - but a force for evil…the Bear Stearns domino effect…End of the road for Hilary…a new hotline service - made just for central bankers…and more!
Just What is Soros Getting at?
Precious Metals Slammed Down
Gold held steady from the far East through London trading on Tuesday, but once the NYMEX opened it fell like a stone, and a modest rally off of $905 was snuffed out during the Globex, as it finished at $904.40/oz., down $19.80 from Friday. Overnight, gold has continued to decline.
Where Will Future Oil Production Come From and How Can Investors Profit Today, Part 2
The IEA forecast for a daily increase in global oil production of 31 million barrels by 2030—a 37% jump—sounds like pure fantasy. Do the facts support it? Are big oil companies already searching for that future oil and finding it? Do they have plans to produce it?
Where Will Future Oil Production Come From and How Can Investors Profit Today?
It is always impolite to ask a lady her age. But the oil bull market is certainly no lady, besides which, we know she is about ten years old.
Oil’s Adjustment
Everything happens at the margin, said a dead economist. Americans alone probably drive millions of marginal miles - to places they really don’t really need to go…when they don’t really have to be there. At over $3.50 - they’ll drive less.
Oil Takes a Breather
In the energy market Monday, crude for June delivery finally took a breather, slipping to $124.23/barrel, down $1.73.
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