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ICE Brent Crude (Apr'23)

The market doesn’t know how to gauge the Mideast war — what investors should consider

by Milton Acorn
The market doesn’t know how to gauge the Mideast war — what investors should consider

Tensions in the Mideast are as high as they’ve been in recent memory after Saturday’s invasion of Israel and the massacre of its citizens by the terrorist group Hamas. The …

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Categories Science

Oil, natural gas are on different paths. What has been driving the moves

by Milton Acorn
Oil, natural gas are on different paths. What has been driving the moves

Oil and natural gas prices traveled divergent paths this week, resulting in a mixed picture for the Club stocks Coterra Energy (CTRA) and Pioneer Natural Resources (PXD). Fresh off robust …

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Categories Science

Bonds, oil, dollar are 3 headwinds for stocks. What investors need to know

by Adrian Jhonsan
Bonds, oil, dollar are 3 headwinds for stocks. What investors need to know

Investors can breathe a sigh of relief now that September — historically the worst month of the year for stocks — is in the rear-view mirror. This past September certainly …

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Categories World

Why it’s too easy to be a seller right now

by Adrian Jhonsan
Why it’s too easy to be a seller right now

Here are the issues with the market, as I see them. On the one hand, you have the most pronounced seasonable pattern imaginable, which historically suggests that a horrid September …

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Categories World

Oil to hit $100? Analysts expect a return to triple digits before 2024

by Milton Acorn
Oil to hit 0? Analysts expect a return to triple digits before 2024

In an aerial view, oil storage tanks are shown at the Enterprise Sealy Station on August 28, 2023 in Sealy, Texas. Brandon Bell | Getty Images News | Getty Images …

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Categories Science

Saudi Arabia to Extend Voluntary Cut in Oil Production by 1 Million Barrels per Day

by Adrian Jhonsan
Saudi Arabia to Extend Voluntary Cut in Oil Production by 1 Million Barrels per Day

Anton Petrus | Moment | Getty Images Heavyweight producer Saudi Arabia will extend a 1 million barrel per day voluntary crude oil output cut into September, in the third month …

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Categories World

Saudi Energy Minister Demonstrates Unity with Russia through Riyadh-Moscow Oil Cuts

by Milton Acorn
Saudi Energy Minister Demonstrates Unity with Russia through Riyadh-Moscow Oil Cuts

Saudi Minister of Energy Prince Abdulaziz bin Salman al-Saud speaks during a panel discussion at the 10th Arab-China Business Conference in Riyadh, on June 11, 2023. Fayez Nureldine | Afp …

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Categories Science

OPEC Chief Actively Seeking New Members for Oil Producers’ Group

by Milton Acorn
OPEC Chief Actively Seeking New Members for Oil Producers’ Group

Haitham al-Ghais, Secretary-General of OPEC, Signals Alliance’s Openness to New Members The secretary-general of the Organization of Petroleum Exporting Countries (OPEC) has revealed that the influential producers’ alliance is actively …

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Categories Science
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