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Crude oil prices dipped on Friday, but the two-month trend upwards is seen continuing by oil expert Amrita Sen. Read More
Financial stocks have been rallying in recent sessions as investors anticipate the Fed will increase interest rates in either June or July. bank shares will be in focus today after a strong Wednesday... Read More
Brent is recovering after tumbling to a 12-year low in January. Now, the International Energy Agency and Goldman Sachs Group Inc. say a glut is dissipating as low prices take their toll on supplies. Read More
Oil prices are rallying on the back of a drawdown in U.S. crude oil inventories but analysts are questioning whether the country's shale oil industry can ever boom again. Read More
Oil ETFs at 7 Month High on Falling U.S. Inventories
May 25, 2016
Energy prices inched up to a 7-month high, with a widely observed oil exchange traded fund (ETF) trading back above its long-term trend line, after a significant pullback in crude inventories. On... Read More
from ETF Trends
Brent and WTI Surpass $49
May 25, 2016
Brent on July contracts is trading at $49.27 per barrel and WTI with July delivery is going for around $49.25 per barrel. The spread between the two benchmarks has reduced, signalling the start of a... Read More
Firming bets on a near-term Federal Reserve interest rate hike continue to undercut demand for anti-fiat and non-interest-bearing assets, weighing on gold prices. Read More
Why China Is Being Flooded With Oil: Billions In Underwater OPEC Loans Repayable In Crude
May 25, 2016
Barclays estimate Caracas owes $7 billion to Beijing this year and needs nearly 800,000 bpd to meet payments, up from 230,000 bpd when oil traded at $100 per barrel. Read More
Oil prices are likely to rise this year but it won't be a linear process, the head of European energy research at Citigroup said. Read More
A quick note from Eric Peters, CIO of One River Asset Management, which explains in very simply terms how as oil tumbled and its volatility soared, virtually everyone who manages large amounts of money... Read More
A new week begins with today's various flash PMIs from around the world the main highlight. Europe is expected to generally see a modest improvement overall as is the flash manufacturing number in US... Read More
Over the first two periods of WTI’s uptrend, the C$ outperformed other currencies and appreciated against the greenback. Given the close correlation between the loonie and oil, that’s not a great... Read More
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