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Tag Archives: OIL
Monday Roundup: Choppy Consolidation in Equity Markets
The financial markets continued to trade in a choppy manner today. buy nolvadex uk male erection enhancement oils As I had anticipated, the price action on Friday, with the SPX opening at a new high but closing below prior highs … Continue reading
Crude Oil: Congress Acts, Iran Hoards, RTX Soars
The spike in the price of crude in May is having the anticipated effect of arousing the Congress in this election year. allergy bactrim Earlier this week, Congress passed a bill with veto-proof margins to suspend intakes into the Strategic … Continue reading
Posted in Energy, Finance, Strategic Affairs
Tagged Crude, distillates, Heating oil, OIL, Putin, Reliance, Sour, USO
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The New Peak Oil: Peak Demand
Crude Oil rallied to a new intra-day high of $126.98 today, before pulling back to close the session close to $126/barrel. The trigger for the rally was a International Energy Agency report that the stockpiles of distillates in Europe were … Continue reading
Speculation: Stocks versus Commodities
Oil surged above $126 today. Speculators are buying options on oil reaching even $150 in the next two weeks. The speculative fervor was fanned by a Goldman Sachs report that oil might spike to $150 or even $200 in the … Continue reading