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Deutsche Bank Downgrades European Banks To Underweight

deutsche bank downgrades european banks to underweight
In what some may find an amusing change in outlook by the bank that less than a year ago was on insolvency's door, its stock at record lows, this morning Deutsche Bank downgraded its peers, other..
Zero Hedge

Greek, Italian Risks Weigh On European, Global Markets; Oil, Gold Slide

greek, italian risks weigh on european, global markets; oil, gold slide
Tuesday's session started off on the back foot, with the Euro first sliding on Draghi's dovish comments before Europarliament on Monday where he signaled no imminent change to ECB’s forward guidance..
Zero Hedge

Videos for "Oil Prices"

News video: Oil Falls As U.S. Drilling Undermines Drive To Tighten Markets

Oil Falls As U.S. Drilling Undermines Drive To Tighten Markets 00:36

Reuters has reported that Oil prices slipped on Monday as further increases in U.S. drilling activity undercut an OPEC-led push to tighten supply. Trading was subdued due to public holidays in China,..
Source: Wochit News -

News video: Asian Stocks Slip

Asian Stocks Slip 00:39

Asian stocks edged up on Monday, taking cues from Wall Street shares hovering around record highs, while the pound nursed losses after a poll showed a shrinking lead for Prime Minister Theresa May's..
Source: Wochit Business -

News video: Gas prices rising

Gas prices rising

Gas prices rising
Source: WHAG -

News video: Wall Street Preview: Crude Oil Stabilizes

Wall Street Preview: Crude Oil Stabilizes 02:03

U.S. stock futures were mostly lower on Friday, though just barely as crude oil prices stabilized and traders looked ahead to the long holiday weekend. Crude oil prices rebounded on Friday morning..
Source: The Street -

News video: Oil down despite OPEC deal

Oil down despite OPEC deal 01:20

Oil prices edge up on Friday but are still nursing severe losses after a five per cent plunge in the previous session. As Laura Frykberg reports, disappointed investors had been betting on a bigger..
Source: Rumble -

 

Oil prices continue to slip


SeekingAlpha

Crude palm oil futures fall 1.04% on profit-booking

Crude palm oil prices fell 1.04 per cent to Rs 492 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand at the spot market.
DNA

OPEC Becoming Subservient To US Shale Oil Producers – OpEd

I will prefer to say at the outset that Saudi Arabia has become subservient to the US administration and the notion that ‘Iran is a bigger threat.’ This has helped the US in soliciting arms orders..
Eurasia Review

Strong start to summer driving season pushes U.S. oil towards $50

SINGAPORE (Reuters) - U.S. crude oil prices rose towards $50 per barrel on Tuesday as a strong start to the summer driving season in the United States suggested strong fuel demand in months ahead.
Reuters India

Economists Puzzled By Unexpected Plunge In Saudi Foreign Reserves

economists puzzled by unexpected plunge in saudi foreign reserves
The stabilization of oil prices in the $50-60/bbl range was meant to have one particular, material impact on Saudi finances: it was expected to stem the accelerating bleeding of Saudi Arabian reserves...
Zero Hedge

Ignore OPEC, It's China That Dictates Oil Prices

ignore opec, it's china that dictates oil prices
Authored by Nick Cunningham via OilPrice.com, *The OPEC deal will lead to an ongoing tightening of the crude oil market, putting a floor beneath crude prices in the $50s per barrel in the second..
Zero Hedge

The Hundred Billion Dollar Man

the hundred billion dollar man
Interested in precious metals investing or storage? Contact us *HERE** * ** *The Hundred Billion Dollar Man - Jeff Nielson* ** *Written by Jeff Nielson (CLICK HERE FOR..
Zero Hedge

Futures Movers: Oil prices drift south as investors ponder the post-OPEC meeting market


MarketWatch

Citi: "We Have Only Seen This Market Anomaly Twice Before: In 1999 And 2006"

citi: we have only seen this market anomaly twice before: in 1999 and 2006
With one bank after another - including Goldman, JPM and BofA - quietly urging investors in recent weeks to head for the exits in a time when the Fed is not only hiking rates but warning about..
Zero Hedge

Memo From Moscow: Will Russia Stick to Promise to Cut Output With OPEC? Skepticism Abounds

The Kremlin has a long history of trying to jawbone up global oil prices while doing as little as possible, or nothing, to curb output.
NYTimes.com

Saudi Arabia To Trim Oil Exports To US To Force Inventories Lower

saudi arabia to trim oil exports to us to force inventories lower
Authored by Zainab Calcuttawala via OilPrice.com, Riyadh plans to *purposely reduce exports to the United States to force a reduction in the latter’s sizeable inventories,* which are preventing a..
Zero Hedge

WTI oil prices down 1.7% for the week


MarketWatch

Why OPEC Couldn't Move Oil Prices Higher

why opec couldn't move oil prices higher
Authored by Nick Cunningham via OilPrice.com, The latest OPEC meeting was *uncharacteristically tranquil,* with little of the eleventh hour infighting and arm-twisting that has been so prevalent in..
Zero Hedge

US stocks slip as banks and technology companies decline

NEW YORK (AP) — U.S. stocks are slightly lower Friday as technology companies, which have led the market's recent rally, take some losses. GameStop's first-quarter results were stronger than analysts..
SeattlePI.com

OPEC Ponders How to Co-exist With US Shale Oil

"We have to coexist," said Khalid al-Falih, Saudi Arabia's energy minister, who pushed through OPEC production cuts in December, reversing Riyadh's previous strategy to pump as much as possible and try..
Newsmax

Peace be upon you: Trump wrong-foots critics with foreign travel, US dollars and religion

There’s been a trade element to President Trump’s first overseas trip, no doubt about that. Multi-billion dollar weapons deals with the Saudis are part and parcel of the American axis of power in..
Proactive Investors

Oil price recovery affecting oil industry players disproportionately

US shale producers are reaping a windfall from the recent upswing in oil prices while oilfield service companies still strugg -More- 
SmartBrief

Extension of production cut drives oil prices down 5%

Investors were disappointed by the extension of oil production curbs from OPEC and other producing nations, causing prices to -More- 
SmartBrief


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