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Cheap Crude Oil & Nat Gas Not Going Away In ‘The Age of Plenty”

Cheap Crude Oil & Nat Gas Not Going Away In ‘The Age of Plenty” $OIL, $USO, $UNG Tuesday in London, Michael Liebreich, founder of Bloomberg New Energy Finance, set out the trends upending the global energy markets and ushering in what he termed an “Age of Plenty.” He said the following: 1. Cheap fossil fuels […]

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A Close Look At Wednesday’s Key Market Events

A Close Look At Tuesday’s Key Market Events $BAC Wednesday Q-3 earnings reporting heats up with more ,market reports, including that from Bank of America (NYSE:BAC), along with influential economic releases that include China’s Consumer Price Index (CPI) and the US Retail Sales report for September. I. China September CPI Report (Tuesday, 13 October, 9:30p […]

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Financial Market Fundamentals Are Weak

Financial Market Fundamentals Are Weak $USO, $OIL, $UNG, $GLD, $SLV, $PPLT, $BHI Disappointing US employment report for September sent precious metals higher. While the decline in the USD on diminished speculations over Fed’s rate hike in October, heightened concerns over economic growth momentum also dampened risk appetite, promoting safe-haven demand on Gold and Silver coins. […]

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Shell, Total To Get 1st Foreign Gas Stations In Iran

Shell, Total To Get 1st Foreign Gas Stations In Iran $RDS-A, $TOT Iran’s state TV is reported Friday that Royal Dutch Shell (NYSE:RDS-A), and France’s Total (NYSE:TOT) will be the 1st foreign companies to be allowed to operate gas stations inside Iran. The Press TV English-language channel quotes the head of Iran’s filling stations union, […]

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Crude Oil And Gold Pressured Ahead Of FOMC Meeting

Crude Oil And Gold Pressured Ahead Of FOMC Meeting $OIL, $USO, $UNG, $GLD, $GS, $BHI Friday, Crude Oil prices fell Friday following a very pessimistic report by Goldman Sachs (NYSE:GS) This overshadowed the rather upbeat estimates by the Paris-based IEA. Crude Oil had shown range-trading over the week but the front-month contract ended the week […]

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