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The World Of Gold Is About To Change
Article By:
Independent Trader
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Monday, December 26, 2016 3:07 PM EDT
When you look at the price of gold in 2016 you see that the level we have today 1130 USD/oz is only a little bit higher than January’s 1050 USD/oz. Jumping to conclusions we may say that this year was very calm, but the reality is far from it.
In this article: GLD
Saudis Forecast $51 Oil In 2017 Rising To $65 By 2019; Will Spend 20% Of Total Budget On Military
Article By:
Tyler Durden
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Sunday, December 25, 2016 8:58 AM EDT
While the Saudis believe the country's budget deficit will fall modestly next year, it is still set to be a painful 8% of GDP suggesting the Saudi cash burn will continue even with some generous oil price assumptions.
The Changing Anatomy Of U.S. Oil Imports Over The Last Decade
Article By:
Jeff Desjardins
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Friday, December 23, 2016 5:42 PM EDT
In 10 short years, Canada has replaced the once mighty OPEC, a name that made world leaders shake in their boots. However, it seems OPEC’s peak influence is in the rearview mirror due to several external factors.
Nigerian Economic Crisis And Its Effect On Banks
Article By:
Louis Koen
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Thursday, December 22, 2016 11:30 PM EDT
Zenith Bank Plc is a Nigerian bank that has managed to maintain its level of non-performing loans at more than 900 basis points below the national average.
Twas The Energy Report Before Christmas
Article By:
Phil Flynn
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Thursday, December 22, 2016 9:41 AM EDT
Twas the Energy Report before Christmas and OPEC is ready to cut, as they feel it is time to ease the great oil glut.
In this article: OIL
Uptrend Growing Tired For Tadawul All Share Index (TASI)
Article By:
Bruce Powers CMT
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Thursday, December 22, 2016 9:27 AM EDT
Saudi Stock Exchange - Tadawul All Share Index showing signs of moving into a correction after an aggressive 10-week 35.8% advance.
WTI Sinks On Libya Production Fears (Again)
Article By:
Tyler Durden
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Wednesday, December 21, 2016 9:10 AM EDT
The overnight rally in crude following API's unexpectedly large crude inventory drawdown has been erased as more headlines from Libya send WTI lower.
Emerging Markets: Preview Of The Week Of Dec. 19
Article By:
Marc Chandler
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Sunday, December 18, 2016 4:58 PM EDT
Emerging markets ended the weak on a soft note, as the hawkish Fed decision continued to have reverberations for global markets. With little fundamental news expected this week, markets may consolidate more, especially with the holidays.
Interactive Map: The Flow Of International Trade
Article By:
Jeff Desjardins
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Thursday, December 15, 2016 4:31 PM EDT
Trade is an essential part of economic prosperity, but how much do you know about global trade?
Hedging Oil & Gas Production And Shifting Market Dynamics
Article By:
K. Ibrahim
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Tuesday, December 13, 2016 8:42 PM EDT
A country like Saudi Arabia, which produces in excess of 10 million barrels of oil per day and exports at least 75% of its production does not hedge its production and rather leaves its national budget under the mercy of oil’s huge price swings!
Historic Deal Done
Article By:
Phil Flynn
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Monday, December 12, 2016 8:05 AM EDT
Saudi Arabia and Russia secured what the Saudi oil minister says correctly is a “historic deal" with non-OPEC nations. This deal can only be described as a major diplomatic achievement and was done despite long odds.
Non-OPEC Nations Agree To Cut Oil Production But Many Questions Remain
Article By:
Tyler Durden
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Saturday, December 10, 2016 1:06 PM EDT
Non-OPEC oil-producing nations struck a deal in Vienna on Saturday to cut crude output by 600,000 barrels a day, joining a pact meant to reduce a global oversupply of crude, lift prices and lend support to economies hurt by a two-year market slump.
Warm Cold Hot: Oil, Natural Gas Prices On The Rise
Article By:
Phil Flynn
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Friday, December 9, 2016 10:50 AM EDT
Oil and natural gas prices are on the rise. OPEC/non-OPEC optimism, cold weather and hot inflation data out of China are all part of it.