by JD Lasinger | Dec 14, 2016 | Featured Posts
It is clear that the OPEC deal to cut oil supply, which involves some of the biggest non-OPEC producers, is having an effect on oil prices. WTI has stayed above $50 USD per barrel for over a week. Nevertheless it is still too early to call it a success. The deal kicks...
by JD Lasinger | Dec 8, 2016 | Featured Posts
Markets definitely took Trumps win with stride. The Dow Jones industrial average soared to more than 1000 points above the level it was at the day before the election. The NASDAQ and S&P also advanced after retreating initially. It seems investors like a CEO –...
by JD Lasinger | Dec 8, 2016 | Featured Posts
As quickly as the OPEC supply cut advantages evaporated, so did the prospects for the Canadian economy. Yesterday, the Bank of Canada decided to keep its rates unchanged at 0.5%. The report also shows that Canadian companies have failed to increase exports. Record...
by JD Lasinger | Dec 6, 2016 | Featured Posts
The price of oil has been climbing quite quickly since OPEC announced that its members reached a deal last week to cut oil production. Russia has joined OPEC and it will cut production by 300,000 barrels per day as well. Nevertheless, as soon as WTI prices climbed...
by JD Lasinger | Nov 30, 2016 | Featured Posts
Experts have been following every single development in OPEC production cut negotiations. Markets have been responding to information from these negotiations accordingly. Despite all the information about the possibility of the deal that is swinging the pendulum...
