Currently viewing the tag: "Energies"

With interest rates unable to go lower, monetary policy makers have run out of room to fight the next crisis. Talk of a deal that may be reached this week has me skeptical even with fears of runs on the Greece banks and individuals only allowed to pull out 60 Euros a day from ATM [...]

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Oil prices get hit hard after Greece fails to reach a deal with creditors and called for a referendum. It seems that Greek Prime minister Alexi Tsipras did not have the courage to make a deal and instead opted for turmoil.  Greece, in the aftermath of the decision, shut its banks and imposed capital controls [...]

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With a week of nervous investors cautious to make any move ahead of Consumer Sentiment and another “make it or break it” meeting on Greece over the weekend. If this last-ditch effort is not finalized Saturday to avert a default next week, there will be turmoil in the Eurozone financial markets that will spill over [...]

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Financials: Sept. Bonds are currently 18 lower at 149’00, 10 Yr. Notes 5.5 lower at 125’15 and 5 Yr. Notes 3 lower at 118’26. German 10 Yr. Bunds are 13 lower at 150.73. If you remain short either the 5 or 10 Yr. Notes I suggest taking action by doing 1 of the following before [...]

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Everybody’s working on the weekend, everybody in finance, maybe Greece goes off the deep end. Will the EU give Greece a second chance? They are far apart, they better start from the start. If Greece wants in the show. They better let it go! Everybody will be working on the weekend as European finance ministers will [...]

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By By Alex Lawler | Reuters Oil held above $64 a barrel on Wednesday as a U.S. government report showing crude inventories fell for an eighth week, in a sign a supply glut is easing, countered concerns about Greece’s debt crisis. U.S. crude stocks fell by 4.9 million barrels, the U.S. Energy Information Administration (EIA) said, more than [...]

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By FX Empire Analyst – Barry Norman Crude oil responded sharply to Tuesday nights API weekly inventory report gaining 11 points this morning after rallying as high at $61 during Tuesday’s trading session. This morning finds WTI trading at 61.12. Brent oil gained steadily on Tuesday but gave back a few cents in the Asian session to trade at [...]

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By Aurel Niculescu | InAutoNews.com via Bloomberg Or it could be the other way around, with gasoline surging close to diesel’ falling price. Never mind, those who opted for a diesel cars and the US truckers can now rejoice, as the gap is finally very slow between the two fuels. Retail gasoline has fallen massively [...]

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After no result with the meeting with Putin and coming back to the table for a last-ditch effort to reach a deal on what Greece must do in return for funding from its existing 245 billion euro bailout plan, without which Athens could default and lead to a messy exit from the euro. The cracks [...]

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Rumours. The Energy Report 6/24/15

On June 24, 2015 - 7:17 AM By

After getting thwarted by the dollar, oil futures came roaring back on a mix of demand expectations and a slew of rumors. Traders had me tracking down rumors like an early release of the American Petroleum Institute supply report and talk that the Energy Information Administration was going to revise downward their crude oil inventories [...]

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PRICE Links Video Series Tomorrow’s Oil from Yesterday’s Wells Senior Analyst Phil Flynn discusses resurrecting old oil wells to bring them back to production life using AERO(TM) Technology with Michael Pavia, PhD of Glori Energy (GloriEnergy.com). [PRICE Links Video] Recorded 6/23/2015 Past performance is not indicative of futures results. Futures and options trading involves substantial [...]

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Myra P. Saefong | MarketWatch Oil futures made a sudden turn higher Tuesday, with analysts attributing the bounce to technical price triggers, expectations for a weekly decline in U.S. crude supplies and a U.S. plan to help Europe defend against security threats, which highlighted U.S. tensions with Russia. August crude CLQ5, +1.51%  tacked on 56 cents, or 0.9%, [...]

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