Louisiana Light • 5 days | 73.53 | -2.49 | -3.28% | |||
Bonny Light • 4 days | 76.08 | +0.77 | +1.02% | |||
Opec Basket • 5 days | 76.94 | -0.55 | -0.71% | |||
Mars US • 3 days | 71.47 | +0.84 | +1.19% | |||
Gasoline • 3 hours | 2.700 | -0.004 | -0.13% |
Bonny Light • 4 days | 76.08 | +0.77 | +1.02% | |||
Girassol • 4 days | 78.05 | +0.70 | +0.90% | |||
Opec Basket • 5 days | 76.94 | -0.55 | -0.71% |
Peace Sour • 12 hours | 66.92 | +0.84 | +1.27% | |||
Light Sour Blend • 12 hours | 68.22 | +0.84 | +1.25% | |||
Syncrude Sweet Premium • 12 hours | 77.17 | +0.84 | +1.10% | |||
Central Alberta • 12 hours | 66.52 | +0.84 | +1.28% |
Eagle Ford • 4 days | 69.15 | +0.84 | +1.23% | |||
Oklahoma Sweet • 4 days | 69.25 | +0.75 | +1.09% | |||
Kansas Common • 4 days | 63.00 | +1.00 | +1.61% | |||
Buena Vista • 7 days | 76.15 | -1.09 | -1.41% |
Norway’s sovereign wealth fund will…
Oil markets have kicked off…
I won’t recapitulate my core views on the euro crisis (see this talk), but here are a few points:
1. The aggregate numbers are workable, but the eurozone needs a unified solution of some kind. Putting any single country “in charge” would yield a solution, although the quality of solution would vary with the country. Still, it would be a solution.
2. The danger is that quasi-solutions will appease all countries in the short run, not really solve the core problems, and thereby walk the eurozone further down the plank of doom. This is the outcome I have been predicting, though it is not necessary in any logical sense.
Click here to read the full article.
U.S. Gasoline Prices Are Set For A Significant Decline
Iran Seizes Third Oil Tanker As U.S. Boosts Military Presence
Turkey Makes Huge 1-Billion-Barrel Oil Discovery
14,000 Inactive Oil & Gas Wells In U.S. Unplugged
Oil Prices Continue To Slip Even As Crude Oil Inventories Decline
ADVERTISEMENT
The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.
Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.
Trading and investing carries a high risk of losing money rapidly due to leverage. Individuals should consider whether they can afford the risks associated to trading.
74-89% of retail investor accounts lose money. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets.
Merchant of Record: A Media Solutions trading as Oilprice.com
Its rather pathetic how people in power can cling to such delusions for so long despite mounting evidence to the contrary. Still they are all wealthy enough to jump ship when it does all come crashing down about them.
Its the poor unemployed types we should really be considering and Grexits and other potential Euro disasters, not whether people like Draghi can susytain their delusions for a few months or years longer, rather than acknowledging and dealing wuth the realities, esp of places like Greece...