Tags » Brent Crude

November 21, 2014

The Dow and SPX gapped up at the open to fresh record highs due to what I’m calling “Global Monetary Stimulus Day.” We’ve given back a little of that; at the moment the Dow is up 122 pts and the SPX is up .65%. 371 more words

The Drop in Oil Prices: Economic And Strategic Implications

If oil prices continue to spiral downward, what will be the economic and strategic results? Not too bad, says Gawdat Bahgat. Consumers will benefit at the expense of producers and, perhaps more controversially, the ‘oil for security’ bargain crafted between Western powers and Middle Eastern suppliers will remain intact. 1,862 more words

Emerging Markets

Sputnik: US-Saudi Oil Competition Leverages Pressure on OPEC, Russia: Reports

© Sputnik

Sputnik: ANALYSIS & OPINION

17:54 18.11.2014 (updated 17:59 18.11.2014)

US shale oil producers and Saudi Arabia find themselves in a desperate competition in the shrinking oil market, driving oil prices down. 712 more words

Illuminati/Terrorism/Corruption

November 13, 2014

Stocks opened higher this morning (Dow +54 pts; SPX +.1%). Every sector except energy and utilities is in the green. The VIX Index is down under 13. 399 more words

Oil Prices Slump to Four-Year Low

Oil prices retreated with traders fixed on the OPEC oil cartel which appears set to maintain output at an upcoming meeting despite ample global supplies of crude. 116 more words

Oil

Black Gold

Don’t you just love it when the petrol price goes down? The main reason that this has happened is because the oil price has fallen from $115 per barrel to almost $80 per barrel (a decline of roughly 30%), while the Rand/Dollar exchange rate has remained relatively flat. 147 more words

South Africa

We are in a secular bull market in Indian equities

Anyone who had any doubt that the Indian equities market couldn’t sustain the upmove since February from 6000 to 8000 levels has been taken by surprise by the latest move which started on Oct 17 (week before Diwali). 377 more words