Crude Oil Prices
Demand worries overshadowed a drop in crude stocks after the Energy Information Administration (EIA) seemed to counsel refiners going into maintenance and a weakening demand for gasoline helped ship the market increased.
Morning market report
By FXHQ.com | September 18, 2015
A market selloff is Petroleum underway. The dollar is sliding against world currencies after the Federal Reserve determination to maintain curiosity charges level. Today’s information options a stoop in global oil costs, a bounce for gold and silver, a rising New Zealand dollar, and an replace on the Chinese language actual estate market.
Shaking your beliefs
By Phil Flynn | September 17, 2015
The day after crude oil costs rose virtually 5% the dogma of the dollar versus oil inverse relationship has come to petroleum equipment manufacturing company name a screeching halt forward of probably the most exciting FOMC meetings in a decade. As the Fed strikes closer to raising curiosity charges and getting closer to a normalization of curiosity charge policy the correlation between the dollar and oil is breaking down.
By Phil Flynn | September 15, 2015
U.S. crude oil manufacturing could also be falling sooner than many had thought and we’re seeing indicators of that in Cushing, Okla. Cushing is the Nymex supply point and a storage facility that if you listened to the Extremely Bears was alleged to be overflowing with oil. As petroleum equipment manufacturing company name a substitute the opposite is happening as provide there have fallen five out of the final seven weeks and is slated to fall once once more.
Options play: Crude oil rallies large time
By Matt McKinney | September 1, 2015
Clearly, the crude oil market has bottomed out as what was once a brief squeeze has now develop into a “war premium.”
Markets lastly adjusting to China move
By John Caiazzo | August 31, 2015
The feedback by various Federal Reserve space officials at Jackson Hole Wyoming over the weekend left us more confused than earlier than as each sides of the rate possibilities for September permeated the airwaves.
By Sinead Carew, Reuters | August 27, 2015
Inventory markets around the globe rallied on Thursday, helped by strong U.S. economic data and after a U.S. Federal Reserve policymaker hinted Wednesday that a September curiosity price hike was petroleum equipment manufacturing company name unlikely.
GDP grows three.7% in Q2
By Shannon Stapleton, Reuters | August 27, 2015
The U.S. economic system grew sooner than initially thought in the second quarter on strong home demand, displaying pretty strong momentum that might nonetheless enable the Federal Reserve to hike curiosity rates this yr.
At the top of the day
By Phil Flynn | August 26, 2015
At the top of the day it’s all about the end of the day. While crude oil costs trade beneath $forty a barrel in disaster market worth ranges, it is taking its cue from the beleaguered inventory market that cannot hold onto a rally.