Search results

And then there's this. Smartest guys in the room getting their heads handed to them does not make me feel any better. So much for following the money. https://www.reuters.com/article/us-hedgefunds-oil-kemp-idUSKCN1AV00P

Everything looking bearish. Daily chart has the price now trading below the 89EMA. TSI just crossed over to the downside. Been running upside since July. ADX low as it's been in many months. News is all bad if you're long. The price of the OPEC basket of 14 crude varieties of its members...

#1."The question is how fast does Venezuela fail?" Helima Croft of RBC Capital Markets said on CNBC last week. "The thing is Venezuela has no capacity to overproduce at this point. Their oil production is going in one direction and that is down," she said. "The national oil company owes $3.5...

Rig count is 954, up from 454 same time year ago. That's down from a high of 1900 end of 2014, but OPEC production is hitting a year high of nearly 33 mb/d as compliance falls. In a new report, investment bank Morgan Stanley pointed to tightening signs for certain crude oil blends, including...

https://www.bloomberg.com/news/articles/2017-08-02/oil-market-s-hidden-signals-show-u-s-producers-hedging-again