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Oil Erases 'Iran Rumor' Rally Following Inventory Data As Angola Supply Soars
Article By:
Tyler Durden
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Wednesday, August 24, 2016 8:26 AM EDT
China’s imports of crude oil from Angola rose 23% y/y to 4.72m tons in July, second highest on record,according to General Administration of Customs data released Wednesday.
Crude Explodes Higher After Iran 'Reportedly' "May Support Actions To Prop Up Oil Market"; Ignores Iran Denial
Article By:
Tyler Durden
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Tuesday, August 23, 2016 11:20 AM EDT
Another day, another strategically timed headline meant to trigger an HFT algo momentum ignition spike, and sure enough oil explodes higher, even though as Goldman explained yesterday, even an OPEC freeze will do nothing for actual production.
The Daily Shot And Data - August 23, 2016
Article By:
Sober Look
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Tuesday, August 23, 2016 3:27 AM EDT
The Saudi stock market has been struggling lately. Some suggest that this represents a bearish bet on crude oil (in part by Saudi insiders). Perhaps.
In this article: FXY, JJC (RETIRED), OIL, USO, UUP
Let’s Do The Limbo
Article By:
Marvin R Clark
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Tuesday, August 23, 2016 1:00 AM EDT
At the open yesterday morning, the S&P 500 dipped and the VIX spiked, which had many market observers hoping that we’d finally see some volatility, some sign of movement. Of course that didn’t happen.
ADRs Best & Worst Report - August 22, 2016
Article By:
E.B. Capital Markets
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Monday, August 22, 2016 12:15 PM EDT
The average ADR in our coverage is trading -16.03% below its 52 week high, 7.64% above its 200 dma, has 3.39 days to cover held short, and is expected to see its EPS increase by 13.8% next year.
Emerging Markets: Preview Of The Week Ahead - August 21, 2016
Article By:
Marc Chandler
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Sunday, August 21, 2016 11:56 PM EDT
EM ended last week on a soft note. Fed tightening expectations were buffeted first by hawkish Dudley comments and then by the more balanced FOMC minutes.
The Shorts Have All Been Squeezed Out Of The September Oil Contract
Video By:
EconMatters
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Saturday, August 20, 2016 2:00 PM EDT
The reason for the large move in the Oil Market over the last 7 trading days has to do with the record level of shorts that had to cover before the September Futures contract expired.
The Daily Shot And Data - August 17, 2016
Article By:
Sober Look
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Wednesday, August 17, 2016 2:30 AM EDT
The US industrial production improvement was fairly broad as the mining and materials sector drag dissipated. However, the big jump came from utilities, with the heat wave raising demand for power.
Why An American Abroad Might Benefit From Having A U.S. Brokerage Account
Article By:
Douglas Goldstein
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Tuesday, August 16, 2016 8:13 AM EDT
One of the most common financial problems Americans living in Israel face is when their U.S. investment company closes their account because of their Israeli address.
IMF To Infuse Egypt With $12b Over The Next Three Years
Article By:
Cina Coren
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Tuesday, August 16, 2016 6:14 AM EDT
It has already received tens of billions in aid including over $25 billion in cash injections from Gulf states, but that seems to be a drop in the Egyptian bucket. Now the IMF is stepping in with a tentative loan of $12 billion.
Marion Hubbert And Boone Pickens On Oil's Mess
Article By:
Bruce Pile
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Monday, August 15, 2016 1:22 PM EDT
Oil pricing has become an impossible puzzle, and these are some of the major reasons.
OPEC Renews Hopes For And Output Freeze
Article By:
Cina Coren
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Monday, August 15, 2016 3:55 AM EDT
When OPEC’s president told the group on August 8th that it will hold informal talks in Algiers next month, markets were encouraged to buy more oil. At the same time, Saudi Arabia showed its willingness to discuss taking action to stabilize markets.
In this article: OIL