Tag: Brent

Oil settles at $47.82, up 16 cents following mixed weekly US stockpiles data

CNBC: Oil prices eked out gains on Wednesday in a volatile session as the market mulled U.S. government data showing that while there were signs a crude glut may be receding, crude inventories remain large […]

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Oil Price Declines: why fundamentals are continuously ignored. UPDATED

Many brokers consider shares of oil and gas companies as attractive investments and recommend these stocks as a good buy. As a justification, they show dividends history in comparison to other sectors.  It has always […]

UNREASONABLE OPTIMISM IS NOT GOING TO HELP

Source: Advisor Perspectives Ken Fincher, First Trust Advisors, highlights that the Fed has signalled plans to gradually increase interest rates this year. It’s important for investors to remember that the cost of leverage will narrow the differential […]

What is behind Tillerson’s statement on upcoming “comprehensive review” to determine the U.S. strategy on Iran?

The statement made by Secretary of State regarding Trump’s administration intent to conduct “comprehensive review” on Iran, initially seemed to be surprising. I could not understand why would the U.S. government decided to do it […]

U.S. Stocks Fall as Goldman Earnings Disappoint: Markets Wrap

U.S. stocks followed European equities down Tuesday while the pound soared after British Prime Minister Theresa May called for surprise early elections to strengthen her hand in Brexit negotiations. Treasuries climbed but industrial metals plunged. […]

Oil prices fall on expected climb in U.S. production

This is another confirmation that OPEC’s possible decision to extend agreement on production cuts during its meeting scheduled to take place in May would not be effective. *** Oil prices fell in thin trade on […]

Signs are pointing towards OPEC extending its production cut

I think it would not be possible to achieve the crude oil price improvement by only OPEC’s efforts. I am not sure whether KLR Group’s research also covers the role of U.S. producers, but, in […]

Stocks Drop, Yen Gains as Geopolitical Angst Grows: Markets Wrap

Stocks from Tokyo to Moscow dropped, while the yen gained, amid an uptick in political tension after a U.S. bombing in Afghanistan and comments from a North Korean official. Trading was thin with many markets […]

Oil prices flat as IEA report counters higher U.S. output

Oil traded flat on Thursday after weekly data indicated a continued rise in U.S. production, while an International Energy Agency (IEA) report said the market was close to balance. Benchmark Brent crude futures LCOc1 were […]

US Crude Oil Is above $52: What to Expect in the Future

By Robert Scott | Apr 10, 2017 1:21 pm EDT US crude oil last week WTI (West Texas Intermediate) crude oil May futures closed at $52.24 per barrel on April 7, 2017—a 1% rise from the […]