OPEC’s Media Blockade, Market Threats: All to Show Who’s Boss
It’s what authoritarian regimes do when they want to black out information or silence news that’s inconvenient. And this week, OPEC, the oil cartel, showed similar...
It’s what authoritarian regimes do when they want to black out information or silence news that’s inconvenient. And this week, OPEC, the oil cartel, showed similar...
OPEC and OPEC+ will meet on June 4 to discuss oil production. Traders should be on watch to see whether OPEC decides to keep production steady or to implement further oil...
Trepidation over debt ceiling deal continues ahead of Congress passage Oil, gold focused on U.S. May job numbers for clues on Fed’s June 14 decision Meanwhile, market...
I am not the first person to point out that the stock market, at outlandish multiples, is not behaving consistently with commodities markets that are flashing imminent depression....
I see solar as the big energy play of 2023. Junior solar developers are often rather cheap, but not because of cash flow multiples. Multiples are much higher than what is seen...
The warning signs continue to mount. Yet the US economy continues to defy expectations in some quarters that a recession is near. Granted, it’s arguably a precarious expansion...
US Oil Rig Count Plunges To Annual Decline; Jobs & Production Next? Baker Hughes just reported that the total number of active drilling rigs in the US tumbled by 15 last week to...
At the close of the stock market yesterday, the Dow Jones Index (US30) increased by 1.21%, and the S&P500 Index (US500) closed higher by 0.99%.
The oil price has returned above the $70.00 level after pulling back earlier in the week. Yesterday we saw the gas price pull back to the $2.00 level.
The approval of the debt ceiling deal in the US Congress has helped bolster broader economic sentiment and supported commodity prices. OPEC oil output dropped by around 0.5MMbbls/d...