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Oil Trading -Week 20.03.2017 Interesting Links

U.S. oil this month dropped below $50 a barrel for the first time this year as the nation’s near-record crude stockpiles and increasing production weighed on the output reductions by the Organization of Petroleum Exporting Countries and its allies.

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The use of Oil as a major source of energy shall end. In place of Oil, use of Electrical / Solar Energy shall take over. 1,129 more words

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Oil Trading -Week 06.03.2017 Interesting Links

Options markets are also turning increasingly bearish on future prices. The difference in the cost of bearish and bullish oil contracts, known at the skew, has moved sharply in favor of falling prices.

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Oil News: OCS Plan Has Three Groups Fighting To Keep Alaska

With the upcoming Presidential elections, many companies in the oil and gas industry are fighting to keep the Obama administration’s plan in operation. Three national groups representing the energy manufacturers and associated businesses have written a letter to President Barack Obama asking oil and gas lease sales in the Beaufort and Chukchi Seas, the Central and Western Gulf of Mexico and parts of the Eastern Gulf, to still be part of the 2017-22 U.S. 226 more words

JBH Consulting Group

News Snippet: Royal Dutch Shell & BP

This morning both Royal Dutch Shell and BP. updated the market. A little unusual for these company to provide updates on the same day, cue conspiracy theorists if you will. 546 more words

RDSB - Target Price £24.80

First allow me to be clear, my target price is a long term one. I do not expect a straight line and I do in fact expect some fantastic buying opportunities in the short term. 567 more words