From falling oil prices to an America in retreat, the foundations of the Saudi monarchy are cracking.
There's a reason this week's EIA survey showing gasoline and oil supplies declining has failed to stop RBOB prices from collapsing to 7-month lows: The start of the summer has done nothing to revive sluggish demand. That's because despite...Show More Summary
If you have noticed that prices at the gas station seem a little bit lower this month, you’re not imagining things. The battle between OPEC and U.S. shale oil drillers has led to another slump in the price of crude and, as a result, the price of gasoline has been on the decline, even as California’s...
Analyst Jody Chudley believes the oil market is acting on some bad information, and the most recent price drop wasn’t due to actual supply and demand fundamentals. This recent oil price decline is more likely being caused by the market...Show More Summary
The Dow Jones news today features banks passing a Fed stress test and the Senate debating a new healthcare bill to replace Obamacare. Dow Jones futures are down 27 points this morning while crude oil prices stay near yearly lows. The post Stock Futures Fell This Morning as the Senate Debates Healthcare was originally published at The Wall Street Examiner. Follow the money!
The optimism that permeated the commodity markets due to OPEC’s resolve to rebalance the oversupplied oil markets has now turned into some pessimism.
When the price of oil first collapsed at the end of 2014, it was characterized widely as a “supply glut.” It wasn’t something to be concerned about because it was believed attributable to success, and American success no less. LowerShow More Summary
In Dow Jones news today, stock prices were flat as oil prices remain extremely volatile. The post Markets Flat as President Trump Reveals Comey Tapes Don’t Exist was originally published at The Wall Street Examiner. Follow the money...
One of the biggest buildings in the world, it's a marker of the strong growth that is continuing in Texas despite low oil prices.
The oil price crash combined with increasing global nationalism over the past year has caused the global economy to shift, thus decreasing the cost of living in London and other expensive expat destinations. As a result of the global changes, the latest survey of the worldâ??s most expensive cities has produced some surprising results... Expats Blog -
Falling cocoa prices may be "anchoring" bond yields and the U.S. dollar, according to Societe Generale.
U.S. stock indexes were close to flat in early trading Thursday after the price of oil stabilized, at least for now. This week has been dominated by oil's tumbling price — which on Wednesday dropped to its lowest level since last summer — and how much it will affect the broader market. KEEPING...
World stock markets were mixed overnight, as gains were limited by swooning energy sector stocks due to falling crude oil prices recently. U.S. stock indexes are pointed toward weaker openings when the New York day session begins. The...Show More Summary
LONDON — Oil is hovering below $45 and on track for its worst performance for the first-half of a year since 1997. Oil prices dropped in late trade on Wednesday and have failed to recover, amid continued concerns about oversupply. It entered bear market territory earlier in the week and price pessimism appears to be setting in. Show More Summary
Stock prices fell as crude oil prices continue to slide. The post Oil Prices Fall to 10-Month Low as OPEC Mulls an Increase in Production Cuts was originally published at The Wall Street Examiner. Follow the money!
Doubleline Capital founder Jeff Gundlach warned that the flattening yield curve could become a concern for US economic growth when two and three-year notes yield about the same, and the price per barrel of WTI crude oil plunges intoShow More Summary
Oil prices ended down more than 2 percent on Wednesday after hitting a 10-month low in volatile trade, as growing U.S. production and reduced Chinese refinery activity fed mounting concern over the stubborn global crude glut. U.S. crude futures settled at $42.53…
In his morning note, Deutsche Bank's Jim Reid discusses the latest bear market in oil, and highlights some interesting details for oil price fans: oil is now back to levels last seen on September 16th last year and even though we’veShow More Summary