Oil Price Correction Sparks Sell Off In Russian Markets
Russian assets have had a bumpy ride this year as a global retreat from emerging market assets and exchange-traded funds combine with a new wave of U.S. sanctions to put Continue Reading
The Next Big Crisis: Drinking Water
You might be looking at the next global crisis right now. Because as easily as most people get a clean drink out of the tap, billions of people can’t take Continue Reading
Oil falls as investors brace for output increases
Oil edged lower on Tuesday, pressured by expectations that Saudi Arabia and Russia could pump more crude to compensate for a potential supply shortfall. Brent crude futures LCOc1 were down Continue Reading
Oil hits multi-week lows on fears of growing supplies
Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains showed no sign of slowing. Brent crude futures LCOc1 stood Continue Reading
Goldman Bullish Despite Steep Oil Price Correction
Goldman Sachs continues to be bullish on oil despite the most recent market turbulence that saw prices plummet after reports that Saudi Arabia and Russia are discussing lifting the pact’s Continue Reading
Are We About To See Another Correction In Oil Prices?
The last four days have seen WTI Crude prices plunge almost 10% from their cycle peak near $73 to a $65 handle overnight. This is the longest run of losses Continue Reading
The surge is over — why $50 oil is now more likely than $100
The spring fever is passing. After three months on the rise the oil market has turned. In a single day on Friday the price of a barrel of Brent crude Continue Reading
Shale Surges, But Oil Market Power Swings Back to Saudis
The U.S. is producing more oil than ever, but when it comes to pulling the strings of the market, Saudi Arabia is still king. Oil is flowing from shale fields Continue Reading
China and Russia Push Into Iran, Exploiting Europe’s Caution
Chinese and Russian state-backed companies are maneuvering to profit from European firms leaving Iran, threatening the Trump administration’s bid to raise economic pressure on Tehran. Their efforts show how Iran’s Continue Reading
Emerging Market Meltdown Could Undermine Oil Rally
Saudi Arabia and Russia just destroyed the oil price rally, potentially putting an end to all the speculation about what the group might do next. But higher production doesn’t necessarily Continue Reading