Tag: oil

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Oil Patch Bankruptcies Hit $66.5 Billion

The number of oil patch bankruptcies continues to rise, and the number of large companies with billions owed to creditors is accelerating. This revelation comes from to law firm Haynes and Boone LP’s Oil Patch Bankruptcy Monitor. The Oil Patch Bankruptcy Monitor is […]

Bad News For Oil Bulls

Bad News For Oil Bulls

Oil bulls just can’t seem to catch a break. After prices were hammered at the end of last week on higher investor figures, this week it has emerged that OPEC production reached a new record last month. And to compound […]

Commodity Hedge Funds Are In For A Rough H2

Commodity Hedge Funds Are In For A Rough H2

Commodity hedge funds have had a record first half, but it’s unlikely the second half will see the same kind of performance, that’s according to Barclays’ commodities research analyst Kevin Norris.   Commodity funds have reported record inflows this year. […]

DB: Oil Fundamentals Remain Intact But…..

DB: Oil Fundamentals Remain Intact But…..

Despite the 19% fall in the price of the WTI front month between the beginning of July and August 2, oil market fundamentals remain intact, and supply continues to fall, that’s the view of Deutsche Bank’s commodities research analysts Michael […]