While U.S. oil has been swept up in a global rally, a closer look at the futures market signals American crude is weakening

Two decades ago we'd be going to war for oil right now. Thankfully, we can just make it here now

I tell crude jokes from time to time.

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Here’s what U.S. waivers on Iran oil sanctions would mean for the global crude marketU.S. sanctions on the Iranian energy sector begin next week, but speculation Friday that the U.S. plans to issue waivers on the sanctions, allowing some countries to continuing buying oil from Iran, feeds anxiety over a potential over supply.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

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.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

U.S. officials say global oil market ready for end to Iran crude exportsU.S. attempts to drive Iranian oil exports down to zero come against the backdro... US officials are morons and barely anyone listens to them anymore They dont have the financial clout they think they have anymore LTO cannot replace medium sour… just not the same thing!
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

Global markets tumble in tandem with US stocks as Dow futures signal lower openGlobal markets tumble in tandem with US stocks as Dow futures signal lower open. Trump's gonna find someone else to blame now. Just watch 🧐 I predicted based on ichimocco & fibanacci charts two weeks ago ; overbought stocks decline 4 to 7 % , make no mistake; i trade ETF s & 143 trades per day ; zero loss Market s overbiught ; interest rates ; Dincrease + trade wars w china+ multiple natl catastrophoc weather !
Herkunft: ABC - 🏆 471. / 51 Weiterlesen »

Column: Crude oil market completes U-turn as Saudis signal price discontent - RussellWhat a difference a month can make. The crude oil market has gone from worrying ... Ya saud wins when iran gets cut out because they can accelerate production while prices climb crazily. House of saud can go to hell Is Saudi betraying the OPEC cartels You clowns are going to have to make a decision. Do you want to pay $5 a gallon for gas or do you want to pay 2:50 and let Saudis kill any reporters they don't like? Make up your mind we don't have all day.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »