WTI/RBOB bounced today in anticipation of a reversal of the last two week's builds in crude inventories, and *bulls were not disappointed* by the API print. Jan '18 WTI pushed above $57 but RBOB fell.. Zero Hedge
S&P 500 futures are higher, continuing on yesterday's momentum, after European and Asian shares also rose alongside a rebound in oil, as the year-end performance chase appears to be accelerating. There.. Zero Hedge
Oct.04 -- It's a big day for the oil sector. Some major players, including Russian President Vladimir Putin and OPEC Secretary General, are gathering for the Russian Energy Week. Bloomberg's Annmarie.. Source: Bloomberg Global Business -
US index futures are unchanged, having recovered virtually all overnight session losses alongside the EURUSD following Merkel's failure to form a government, while European shares rise despite Angela.. Zero Hedge
Yesterday's torrid, broad-based rally looked set to continue overnight until early in the Japanese session, when the USD tumbled and dragged down with it the USDJPY, Nikkei, and US futures following a.. Zero Hedge
After five consecutive daily losses on the MSCI world stock index and seven straight falls in Europe, there was finally a bounce, as investors returned to global equity markets in an optimistic mood on.. Zero Hedge
Pouring cold water on yesterday's optimistic demand forecast projected by OPEC, which projected global crude demand growth to rise by 1.5mm b/d in 2018, this morning the International Energy Agency.. Zero Hedge
Authored by Gregory Brew via OilPrice.com,
Despite the recent market rally and current bullish streak in oil prices,* the years-long competition for market share between OPEC and U.S. shale.. Zero Hedge
Many of the notable lists that rank the greatest movies of all time — like the American Film Institute's "100 Years ... 100 Movies" from 1998 — have enlisted thousands of movie-industry names to.. Business Insider
Mexico’s "legendary" oil hedgers (profiled her emost recently one year ago and by Bloomberg in this exhaustive article) are confident that prices won’t linger above $50 a barrel, because this.. Zero Hedge
With WTI prices holding at 6-month highs around $54 (and Brent at $60), Reuters' John Kemp notes that hedge funds have never, ever been more bullishly positioned in the entire energy complex.
Hedge.. Zero Hedge
Global stocks hit new all time highs overnight, with US stock-index futures, Asian and European stocks all rising overnight after the Senate adopted a fiscal 2018 budget resolution, paving the way for.. Zero Hedge
Royal Dutch Shell Plc (LON:RDSB) is among a number of major oil stocks that have been tipped to ‘grind higher’ by US investment bank Jefferies. Analyst Jason Gammel reckons there are fundamental.. Proactive Investors
WTI and RBOB are plunging following comments from the *Saudi minister that "he doesn't know" if November meeting will agree on a production cut deal extension*, and Russia's Novak confirmed that there.. Zero Hedge
Oil climbed higher on Thursday as King Salman of Saudi Arabia made the first ever visit by a Saudi monarch to Russia.
King Salman told Russian President Vladimir Putin in Moscow that the two.. Business Insider
Two days ago, when we previewed the first ever visit by a Saudi King to the Russian capital - a move which prompted Bloomberg to call Russian president Putin the "new master of the Middle East" - we.. Zero Hedge
S&P futures retreated along with European and Asian shares with tech, and Apple supplier shares leading the drop while safe havens such as gold and the yen rose, as the war of words between U.S... Zero Hedge
Dave Lutz, head of ETFs at JonesTrading, has an overview of today's markets.
· Safe haven investments are all slipping.
· Global markets are leaning red this morning.
· Oil is slipping ahead of.. Business Insider