Currently viewing the tag: "The Energy Report"

France launching airstrikes against ISIS and production issues in Libya and Nigeria may buy the cartel some time before having to mandate production cuts. OPEC is feeling the pain of lower prices and Saudi Arabia has already reduced production yet is seems that with demand faltering and the dollar rising prices look to continue lower. [...]

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6 degrees of separation is the theory that everyone and everything is six or fewer steps away, by way of introduction, you can be connected to any other person in the world. It kind of works that way in interest rates as well. What the fed does will impact at least 6 other countries and impact [...]

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There is a new phase to the business cycle. Trough, leak information, then print money and modest revovery… Yesterday commodities and stocks came alive after the Wall Street Journal leaked that the Federal Reserve most likely maintains its “considerable time” language in its policy statement. Oil was already in rally mode as OPEC warned of a [...]

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Shoulder Season. The Energy Report 9/16/14

On September 16, 2014 - 7:46 AM By

Shoulder season, the weak demand period for oil has hit like a vengeance. The Brent Crude fell against the WTI as the demand outlook for the US looks better than the rest of the world. Not even the fact that the US is dropping Bombs in Iraq on ISIS was enough to give the market [...]

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After China’s Industrial production number hit 12 year low oil traders have to ask themselves where the demand is going to come from. More worries about a slowing global economy and worries that more sanctions on Russia are going to make things worse is adding to the downward pressure on oil. OPEC countries will also [...]

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Geo-Political Swings. The Energy Report 9/12/14

On September 12, 2014 - 7:37 AM By

Geo-politics are once again providing swings in the petroleum sector. Oil prices originally seemed unfazed by President Obama’s speech about going after ISIS but seemed to worry after Russian President Vladimir Putin said that if President Obama wanted to go after ISIS in Syria he would need a UN resolution. There is also concern that [...]

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The War Two Fronts. The Energy Report 9/11/14

On September 11, 2014 - 7:38 AM By

While President Obama lays out his plan to fight ISIS, OPEC is fighting a war against a growing oil glut. President Obama addressed the nation yet it is still unclear if the President has a plan or is just trying to protect his legacy. The President says that we will degrade, and ultimately destroy, ISIL [...]

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Oil not only is weak on short term fundamentals more evidence of the historic shift in the global energy picture is being made cleared by the Energy Information Administration by predicting lower prices. Even as the market anticipates a speech by The President of the United States that is talking about stepped up military action [...]

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The Dominate Dollar. The Energy Report 9/9/14

On September 9, 2014 - 7:56 AM By

While the fundamentals for petroleum oil are very weak there is more to the markets recent weakness. You can’t ignore the impact of the soaring dollar. Commodities across the board are finding it harder to try to establish support as currencies in Europe continue to get crushed. Not only has the Euro, that has been [...]

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Oil prices are waiting to see if the ceasefire in Ukraine holds and if it will slow the European Union march to sanctions. If the sanctions are imposed it will mean less oil demand in a world where those prospects alreadyshaky. In China the world’s behemoth for demand growth saw its trade surplus hit a record [...]

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While the ECB and Mario Draghi moved Europe to the “dark side” of extraordinary stimulus already many are asking if it is going to be enough. The ECB lowered its short-term rate to 0.05 percent from 0.15 percent.  The central bank also is trying to force Euro’s out of the bank vaults by increasing  the [...]

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Will they or won’t they? That is a question that could apply to a slew of global events that has the energy markets hanging in the balance. Oil Prices are being held hostage to events that has made and will continue to make the market tank or rally depending how they play out. The UK, [...]

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