oil

Oil Falls, OPEC Reacts. Where To From Here for Oil?

Oil made headlines this week as price tumbled back down to levels last seen in November 2016, pre-OPEC production cut. With the US increasing production and  inventory numbers stubbornly strong traders & investors must ask: can OPEC still set the price of oil?  A complex web of supply and demand. For the uninitiated, oil is a complex […]

Ruble Rallies in Currency Markets

Driven by a marked rise in the price of Brent crude oil this week, Russia’s ruble has risen to its highest point against the dollar since mid August of this year. Decreasing commodities markets in China, combined with a glut of oil caused by excessive Saudi production, has weakened Russia’s economy, which is largely based […]

OPEC Pressures Saudi Arabia to Cut Oil Production

After months of increased production that has put consistent downward pressure on the price of crude oil worldwide, Saudi Arabia is facing dissent within OPEC. Other member nations have experienced major economic problems as the Saudi created glut has pushed prices down below $40 per barrel, their lowest since 2009. The other members of OPEC […]

Oil, when all is said and done, demand and supply are the biggest determiners of its price

Oil, which way is it going to go, seems to be the one of the biggest and most disputed questions in today’s marketplace. Opinions seem to change day to day, and even different analysts from the same source have different opinions. What to make of all of this and why are there so many different […]

Oil Investing Prospects for 2012 and Forward

Investing in oil has always been a blend of betting on corporate projection with a dash of a casino roulette thrown in. The problem is that oil is clearly not just business alone. International politics cause just as much influence on investments as supply and demand. Because of these elements and others, investors can see […]