Category Archives: Crude Oil

COTD: Oil Supply Breakeven Prices

Hot from the latest International Monetary Fund’s, World Economic Outlook.   Looks like not many of the projects out there making money at $50 bbl. (COTD = Chart of the Day)

Posted in Crude Oil, Uncategorized | Tagged , | 2 Comments

Crude Oil Price Regains 200-day M.A.

The May Crude Oil futures contract has regained its 200-day moving average in overnight trading.  Significant. Crude is lifting on the back of a bigger than expected draw as measured by the API.   Specs have also reduced their net long … Continue reading

Posted in Crude Oil | Tagged , , | Leave a comment

Trafigura on oil outlook – FT

The FT’s Neil Hume speaks to Jeremy Weir, chief executive of Trafigura – one of the world’s biggest oil traders – about the outlook for the market and the price of oil. ► Subscribe to the Financial Times on YouTube: … Continue reading

Posted in Crude Oil | Tagged , , | Leave a comment

Oil and gas discoveries, China capital controls – FT

Seb Morton-Clark has Monday’s top stories from around the world, including oil and gas discoveries at a 60-year low, China reassuring on capital controls and Canadian PM Justin Trudeau meeting US president Donald Trump. ► Subscribe to FT.com here: http://on.ft.com/2eZZoLI

Posted in China, Crude Oil, Uncategorized | Tagged , , | Leave a comment

Saudi Arabia’s Economic and Demographic Reckoning – Stratfor

Stratfor Middle East Analyst Emily Hawthorne looks at the factors complicating Riyadh’s latest effort at reform. For more analysis, visit: http://www.Stratfor.com

Posted in Crude Oil, Geopolitical | Tagged , , | Leave a comment

COTD: Big Oil

Our chart of the day (COTD) comes to from the Visual Capitalist.     First, some context from their website, The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Ever since the invention of the internal … Continue reading

Posted in Crude Oil, Uncategorized | Tagged , , | Leave a comment

Has Opec’s strategy slowed US shale output? – FT

The price rout has led the leading energy forecasters to cut expectations for non-Opec crude output and increase their demand estimates for Opec oil. The FT’s Neil Hume and Anjli Raval discuss the outlook for oil production and the price … Continue reading

Posted in Crude Oil | Tagged , , | Leave a comment

What the Saudi shake-up means – FT

What will King Salman bin Abdulaziz al-Saud’s shake-up of Saudi Arabia’s royal succession and key ministerial positions mean for the country and beyond? Foreign editor Roula Khalaf and the FT’s Hugh Carnegy look at the timing of the changes and … Continue reading

Posted in Crude Oil | Tagged , | Leave a comment

3 Numbers with Lex: Oil production — FT

Three oil factors are afoot: US shale oil production may be at a peak, oil prices are rallying and Saudi Arabia is ramping up production. Lex’s Alan Livsey analyses this and what happens when the Saudis open their spigots again. … Continue reading

Posted in Crude Oil | Tagged , , | Leave a comment

Energy Breaking Out…

Lots of interest in the energy sector. The Energy ETF, XLE,  cleared a 4-month high today, closing at its highest price since the 6.4 percent gap down on November 28th.  It now looks headed to fill that gap at 85.15. … Continue reading

Posted in Crude Oil, Equity | Tagged , , , | 1 Comment