Today in the city Ola 28.04.2017
Infuriating News For Saudi Arabia, Russia Refuses To Play Oil Game

As global oil prices hit three week lows, and weeks before a meeting of major oil producers in Algiers, Russia said it will not cut production, no doubt infuriating both OPEC and its de facto leader S...


Top Oil Trader Says Oil Is In For A 'Violent Reversal'

This time last month, the famed oil trader—and oil bull—Andy Hall was dealing with a sub-$40 oil market again. And he was again explaining losses to investors in his multi-billion dollar hedge fund. A...


Inventory, Demand And The Enigma Of The Missing Barrels Of Oil

The sudden escalation of crude oil prices led to the nationalization of major oil companies’ oil production in most OPEC countries, and the new national oil companies had to face the reality that oil...


Crude oil is having a brutal week (USO, WTI, OIL, VDE)

Crude oil futures continued to sell off on Thursday, setting up for the biggest weekly decline since January. West Texas Intermediate crude futures fell 2.86% in New York to $43.43 per barrel. Fu...


Hermine Spares Oil Prices, So Far

About 22% of oil production in the Gulf of Mexico has been shuttered in advance of Hermine, but the market is predicting a weak storm.


Ole Miss Rebels vs. Florida State Seminoles Betting Odds, College Football Pick

Ole Miss is a dangerous dog under head coach Hugh Freeze, going 7-8 straight up and 11-4 against the spread when getting points during his tenure. But the underdog Rebels will have their hands full wh...


Stocks Mostly Rebuff The Slide In Oil

We watched oil closely earlier this year. The oil price bust ultimately pulled down stocks. And when oil aggressively bounced off of the bottom, stocks recovered alongside, returning to new record hig...


Most Asia markets open lower, weighed by fresh drop in oil prices

Markets in Asia opened mostly lower on Thursday, with sentiment weighed by sharp overnight declines in oil prices.


Is it all about China? Curious Case Of Oil Producers' Talks And Beijing's Crude Stockpiling Drive

After a four week roller coaster ride, oil futures remain in a technical bull market defying all logical expectations and market fundamentals to the contrary. As it were, the current four-week cycle e...


Crude oil is getting clobbered after a huge inventory build

Crude oil is getting clobbered after the latest inventory data from the Department of Energy showed a larger than expected build. West Texas Intermediate crude oil is lower by 3.7% near $44.60 per bar...


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