Tag: oil prices

Hawkier Fed, Drowning Oil, And Insiders Jumping Ship

Hawkier Fed, Drowning Oil, And Insiders Jumping Ship

The Fed is going to hike this Wednesday. They’ve made that clear. But why the complete reversal in tone since their last meeting? The answer is obviously because of the Fed’s unspoken third mandate — putting caps on bubbles. This […]

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Oil Price: Next Stop $20 Or $80?

After several months of stability and one of the tightest trading ranges in history, the price of oil is now back on the move and in the headlines, following bearish inventory reports. The report seems to show that thanks to […]

By Zscout370 (English Wikipedia: en:Image:Flag_of_OPEC.svg) [Public domain or Copyrighted free use], via Wikimedia Commons

Is A Second OPEC Cut On The Cards?

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. But resurging U.S. […]

The New Energy Winner

The New Energy Winner

America loves oil. We churn out thousands of barrels each month, regardless of whether it’s trading at $50 a barrel or $150 a barrel. Texas made its mark by being bathed in black gold while pumpjacks and derricks dotted the […]