Crude Oil Leads Bond Yields
by Tom McClellan If you want to know what long term bond yields are going to do, you don’t need some fancy econometric model that incorporates GDP growth, unemployment rates, factory … Read more
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Darkening Outlook For Global Economy Threatens Crude
By Nick Cunningham “The outlook for the global economy in 2019 has darkened.” That conclusion came from a new report from the World Bank, citing a variety of data, including softening international trade … Read more
OIL DOOM NOW: US crude plunges 6.7%, settling at 18-month low at $42.53, as stock market slides
With Mattis gone, the Middle East’s oil landscape uncertain, says John Kilduff from CNBC. Oil prices fall in line with another decline across global stock markets on concern about … Read more
Key Charts To Watch As Crude Oil’s Bust Continues
by Jesse Colombo Crude oil’s plunge continued on Tuesday due to fears of a growing glut and economic slowdown. West Texas Intermediate crude oil fell 7.3% to $46.24 a barrel, … Read more
Crude Oil could fall to $39
by Kimble Charting Crude Oil is tanking of late as it breaks 3-year rising support! Where does long-term support come into play? This chart looks at Crude Oil over the past 35-years. … Read more
Things that make you go hmmm…US crude oil inventory quite bearish, home builders dropping prices, falling demand for residential mortgages … except subprime
US crude #oil inventory report was quite bearish, with biggest weekly stockpile increase since early 2017@EIAgov @Investingcom @SoberLook pic.twitter.com/T8TShDeJSs — Liz Ann Sonders (@LizAnnSonders) November 17, 2018 Home builders dropping … Read more
Canada’s Crude Crisis Is Accelerating
Authored by Haley Zaremba via Oilprice.com, Canadian oil producers are in an increasingly tough predicament. With high and increasing oil demand around the globe over the last year, Canadian oil … Read more
Inflection Point: Shipping rates are crashing again, crude crashed, bitcoin crashed, stocks crashed last month, commodities are in turmoil, etc…
Shipping rates are crashing again, crude crashed, bitcoin crashed, stocks crashed last month, commodities are in turmoil, etc… Why is all happening in "the greatest economy ever." Could markets be … Read more
Crude Oil suggesting interest rates could be peaking
by Chris Kimble CLICK ON CHART TO ENLARGE Joe Friday suggested that Crude Oil could be peaking in the chart above first shared on 5/25/18, as Crude was testing its 50% … Read more
It’s official! Crude oil is now in a bear market and it took just over one month to get there. Will stocks follow?
It's official! Crude #oil is now in a bear market and it took just over one month to get there. pic.twitter.com/cR37lJTcUP — jeroen blokland (@jsblokland) November 8, 2018 Besides today, … Read more
Is A Crude Oil Liquidation Event Ahead?
by Jesse Colombo West Texas Intermediate (WTI) crude oil is down approximately 20% since the start of October, putting it into bear market territory. Crude oil’s rout is due largely … Read more
LIBOR Highest In 10 years, Crude Oil Enters Bear Market, Earnings Momentum Has Deteriorated
#LIBOR highest in 10 years pic.twitter.com/DpSPpYXVs9 — OW (@OccupyWisdom) November 6, 2018 WTI Crude Enters Bear Market – Plunges To 7-Month Lows WTI Crude futures are down 20% from their … Read more
Why Is Canadian Crude Selling For Under $25?
No recovery for the oil industry in Alberta. By Nick Cunningham, Oilprice.com Oil prices in Canada plunged late last month, with the losses continuing throughout much of October. Canadian oil producers … Read more
