Source: News Formal (newsformal.com)
GasBuddyGuy Speculation
Just like how analysts thought OPEC wouldn't cut down exports....
Never, ever, ever...
Need to around 25 to 30$ a barrel
This is asinine.
Nobody really knows.
Because everyone has been so good at predicting the price of oil...
until the war.
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U.S. crude gains, slowing global economy challenge oil market in 2019: IEAU.S. oil production growth combined with a slowing global economy will put oil p... World economy has been sliding. At the same time the US economy is growing.
Source: Reuters - 🏆 2. / 97 Read more »
Brian Kemp to Take the Helm in Politically Split GeorgiaRepublican Brian Kemp, set to be inaugurated as Georgia’s next governor, faces the challenge of running a state with an increasingly stark urban-rural divide after a contentious election in which his opponent accused the then-secretary of state of mishandling the voting process. How about those he wouldn’t let vote? He cheated. Have they accused him of being an Alabama asset yet?
Source: WSJ - 🏆 98. / 63 Read more »
The Oil Price Trajectory For 2019The oil market should be balanced on average in 2019, but the first half of the year is likely to be tighter than the second.
Source: Forbes - 🏆 394. / 53 Read more »
UAE energy minister says average oil price in 2018 was $70 a barrelUnited Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday the ave... Renewable Energy is needed Everywhere Where did trump get 55 such a crackhead David Tennant
Source: Reuters - 🏆 2. / 97 Read more »
Oil price rally; Carlos Ghosn indicted again; Fed worriesCNN’s ChristineRomans has the day's top business headlines before the opening bell on Wall Street ChristineRomans ChristineRomans If you want America to do better Stop backing the swamp and Dems who pay you. Build the wall you can slice it how ever you want but you and dems put illegals over Americans. ChristineRomans The teleprompter reader strikes again. Why do you people humiliate yourselves? No one tunes in to watch financial news from any network where the letters are 'CNN'
Source: CNN - 🏆 4. / 95 Read more »
UAE energy minister expects average oil price of $70 in 2019United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday he expe... Hmmmm Ghana When? He wishes rather. USA is back.
Source: Reuters - 🏆 2. / 97 Read more »
Saudi energy minister concerned about oil price volatilityABU DHABI, United Arab Emirates (AP) — Saudi Arabia's energy minister said Sunday that major oil producers need to do better to narrow swings in prices that dip below $60 a barrel and rise above $86. 'I think what we need to do is narrow the range ... of volatility,' Khalid al-Falih said. 'We need to do better and the more producers that work with us, the better we're able' to do so, he told the Atlantic Council's Global Energy Forum in Abu Dhabi. Cautious not to set a price target or range, he explained there are consequences when oil prices dip too low or rise too high. End of the Bull Run. How told potus mushroom you? The Saudis helped him to make oil cheap again.. As long as the Khashoggi drama was viral. Now the USA did nothing and everything goes round and round again... Sawing prices in half!
Source: AP - 🏆 728. / 51 Read more »
Oil rallies toward highest finish since mid-December, with U.S. prices topping $50Oil futures rally Wednesday, on track to finish at their highest levels in more than three weeks, with U.S. prices topping $50 a barrel, on continued optimism over U.S.-China trade talks and a weekly decline in domestic inventories.
Source: MarketWatch - 🏆 3. / 97 Read more »
Oil drops by 1 percent on U.S. supply surge, caution after U.S.-China trade talksOil prices fell by more than 1 percent on Thursday on swelling U.S. supply and a... ours will always go up and never come down Ugandan
Source: Reuters - 🏆 2. / 97 Read more »
Oil falls 1 percent on swelling U.S. supply, but mood generally upbeat on trade hopesOil prices fell by 1 percent on Thursday on swelling U.S. supply, although the m... hahaha, why?
Source: Reuters - 🏆 2. / 97 Read more »