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The Most Ignored Oil Price Influencer

The Most Ignored Oil Price Influencer

There are several oil price…

Energy / Oil Prices

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Bearish Markets: A Self-Fulfilling Prophecy

Jun 09, 2017 at 15:47 | Dan Dicker

In my early days of trading, I had a ‘mentor’ of sorts who gave me all sorts of advice and useful tips about market action. One I remember clearly was…

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Betting On A Survivor

Jun 09, 2017 at 15:38 | Martin Tillier

Around three years ago, in June of 2014, oil began a spectacular collapse. After rising to the point where WTI was fetching over $100 a barrel and holding that psychologically…

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Is $75 Oil Still Possible?

Jun 06, 2017 at 11:48 | Oil & Gas 360

More draws predicted for late 2017, 2018 The oil market rebalancing is in progress, even if it is slower than expected, according to releases by Societe Generale and RBC Capital…

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EIA Ups Global Oil Production Forecast

Jun 02, 2017 at 15:56 | Ron Patterson

The EIA recently updated its International Petroleum statistics. World Crude plus Condensate  (C+C) output was 80,577 kb/d in Feb 2017 an increase of…

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Saudis: OPEC May Discuss Deeper Cuts In November

Jun 02, 2017 at 10:13 | Tsvetana Paraskova

OPEC and the non-OPEC producers that are part of the production cut deal may consider deepening the output cuts at the cartel’s next meeting in Vienna in November, Saudi Arabia’s…

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Russia’s Economy Minister: Russia Can Live Forever At $40 Oil

Jun 01, 2017 at 12:22 | Tsvetana Paraskova

The OPEC/non-OPEC deal is working, and the current underlying key assumption of Russia’s economic policies—oil prices at US$40—can allow it to live forever at that price or below, Russia’s Economy…

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Is History Repeating Itself In The Oil Markets?

May 31, 2017 at 16:08 | David Melton

It wasn’t that long ago, 19 years to be precise, when the average oil price was $11.91 per barrel (WTI). Are world conditions such that we could see that price…

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Should Markets Fear Iran’s Plans To Boost Oil Output?

May 31, 2017 at 14:48 | Gregory Brew

Last week’s OPEC meeting was characterized by a certain banality. The news that OPEC and non-OPEC members would agree to another nine months of production cuts elicited a collective…

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Saudis, Russia Will Do “Whatever It Takes” To Bring Oil To Balance

May 31, 2017 at 10:18 | Tsvetana Paraskova

OPEC and non-OPEC producers part of the production cut deal are committed to drawing the global crude oil inventories down to their five-year average, Saudi Energy Minister Khalid al-Falih

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4 Wildly Different Oil Price Scenarios For 2020

May 30, 2017 at 15:31 | Nick Cunningham

After the nine-month extension of the OPEC deal, there is a growing consensus that oil might bounce around in the $50s and $60s for the rest of the year. But…

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