by JD Lasinger | Oct 27, 2016 | Featured Posts
Oil traders should hold those bulls. The fundamentals of oil markets have not yet changed, and the price of crude reflects that. Demand is pretty stagnant, and supply is abundant, which means prices have really struggled to hold their gains. WTI has been unable to...
by JD Lasinger | Oct 25, 2016 | Featured Posts
A free trade agreement between the EU and Canada has slipped beneath the radar on many news outlets. The Comprehensive Economic and Trade Agreement which was finalized under Canada’s previous government is now facing a roadblock in the southern Belgian region of...
by JD Lasinger | Oct 20, 2016 | Featured Posts
OPEC oil cuts may take a surprising turn. Venezuela which has been one of the most vocal members over the past 2 years, trying to get price boosts, might have its state oil company collapse. PDVSA, which is Venezuela’s only lifeline, is about to default on its bonds....
by JD Lasinger | Oct 18, 2016 | Market News
Major Events of Last Week Global equities were lifted last Friday after China posted encouraging inflationary data which registered an increase for the first time in five years. The British pound also staged a comeback late last week after the Bank of England advised...
by JD Lasinger | Oct 13, 2016 | Featured Posts
As expected, oil is giving back some of its gains. OPEC’s recent deal to curb production and keep it within the 32.5 and 33 million barrels of oil per day, was the main driver behind the recent surge that saw WTI prices touching 15 month highs. Nevertheless, OPEC is...
