Tags » CRUDE Oil Prices

Weekly Economic Update

Economic Update 4-20-2015

  • Economic results on the week were in keeping with the recent lackluster trend, with weaker-than-expected retail sales and manufacturing.  Inflation came in a bit stronger, but remains flat to slightly negative on a year-over-year basis when energy price declines are considered.
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Economic News

Nigeria: After Tonight

The Buhari government manifesto is wonderfully wistful. But the immediate priorities include tackling the militants in the North East and stabilising the national finances. Grander ambitions can wait. 533 more words

Macro

In 1973, OPEC demonstrated its power to raise oil prices. By its actions, crude oil price quadrupled in less than a year and stabilized around that price level for several months following. 800 more words

Policy

Talk is Cheap

By Bill Holter – Re-Blogged From http://www.Gold-Eagle.com

Wednesday the Fed made their announcement and deleted the famous word “patient”.  I have never seen such a nonsensical frenzy over anything, never mind a single word.  983 more words

GDP & Employment

Here’s the next big threat to global crude oil prices — and it isn’t OPEC

The next big threat to oil prices isn’t from OPEC or Bakken shale. It’s Russian samovars, or teapots.

Simple refineries that process crude into fuel oil are scaling back, because when oil prices slump, the government reduces the discount that these refiners — known as teapots to those in the industry — get for exporting fuel. 733 more words

Europe

Beware Of The ”Frack-Log”

By Andrew Hoffman – Re-Blogged From http://www.Silver-Phoenix500.com

Why do I spend so much time discussing collapsing oil prices, you ask? Well, for one, because as we wrote back on October 15th – when WTI crude was $83/bbl, compared to $43/bbl this (Monday) morning – “ 1,104 more words

GDP & Employment