Posts Tagged ‘Crude’

I hit the brakes when I saw this headline:
China may need to export car surplus
While China is by no means the only large consumer of crude oil, the country’s growth trends have been reason enough to be bullish. We’re told the demand for automobiles and the Western lifestyle will mean higher crude oil [...]

WTI Crude: Cheaper Than Brent Oil for the Foreseeable Future
by David Fessler, Investment U Senior Analyst
Monday, December 12, 2011
The gap between West Texas Intermediate (WTI) crude and Brent, its international counterpart, has been cut in half in recent weeks. Just a few months ago, the price difference was $23 a barrel. Lately it’s under $10 [...]
January Crude Oil closed lower for the second consecutive week but losses could have been worse if not for a strong comeback on Friday. The primary reason for the weakness throughout the week was concern that the European debt crisis would trigger the start of a global recession. As bearish conditions spread throughout the Euro [...]

Source: ForexYard
A sudden surge in crude oil values yesterday brought about resurgence in a recently-weakened Russian ruble (RUS). The value of the RUS was brought down by strong dips in global stocks last week as traders sought the safety of more stable currencies. The US dollar (USD) was making strides against the RUS, but this [...]

Quotable
“The trouble with lying and deceiving is that their efficiency depends entirely upon a clear notion of the truth that the liar and deceiver wishes to hide. In this sense, truth, even if it does not prevail in public, possesses an ineradicable primacy over all falsehoods. “
Hannah Arendt
Commentary & Analysis
A vicious cycle for crude [...]

By TaipanPublishingGroup.com
For the past two days, I’ve been driving…
I recently won an auction for a mustang — a gorgeous strawberry roan we’re calling Aesop Rye. I spent all of Wednesday towing all 1,000 pounds of him, plus the 3,500-pound trailer.
The trip was grueling, and we made plenty of pit stops along the way. But surprisingly, [...]

Quotable
“Let me never fall into the vulgar mistake of dreaming that I am persecuted whenever I am contradicted.”
Ralph Waldo Emerson
Commentary & Analysis
Smokin’ … Or Smoke & Mirrors? There’s something peculiar about crude oil …
Last week’s crude oil inventory drawdown is not bullish. From Reuters yesterday:
U.S. crude oil stocks showed a sharp, larger-than-expected decline last week [...]

WTI crude oil suffered an unprecedented fall last week when it was dropped like it was hot from a high of $114.81 per barrel to a low of $94.65 in a matter of days. Since then oil prices have rebounded again. However, it appears that oil could bound for another dip [...]
By Justice Litle, Editorial Director, Taipan Publishing Group, taipanpublishinggroup.com
An arcane theory known as “the J curve” explains why Saudi Arabia could be the next domino to fall.
If someone presses you as to why the Middle East will explode — and why crude oil could reach $200 a barrel — tell them about the J [...]
