Macroaxis does not monitor all media channels or aggregates social signals for United States. But even though we do not provide professional-grade financial sentiment analysis on United States Oil, we do publish noise-free headlines that can be used to derive useful patterns or even a trading strategy for United States. Also please take a look at United States Hype Analysis, United States Correlation and United States Performance
If, say, an outage occurs in Libya, or Venezuela reports another shocking decline in output, then hedge funds may not worry about the extreme net length right now in the futures market.
This trader positioning does not guarantee that oil prices will immediately collapse from here - or even cease their current ascent.
Is an oil price spike inevitable It too early to say, despite those investments that never materialized. OPEC and Russia, as well as their smaller partners in the production cut, are capable of bringing back online the 1.8 million bpd that they have ...
ETF Daily News - Jan 13, 2018 ... consuming about two-thirds of seaborne iron ore shipments, and on track to use growing amounts of the steel it produces at home, Bloomberg notes, which signals further economic growth and therefore more good news for oil and gas exporters.
ETF Daily News - Jan 12, 2018 And when prices are high our minds become landlocked into thinking about endless demand growth, geopolitics, cartel collusion, steep decline rates and the necessity of high levels of capital investment.
The quality of Venezuela oil exports are also worsening, and some refiners around the world are rejecting shipments. The lack of cash means that PDVSA will struggle to import the diluent needed to mix with its heavy oil.
It is one of the largest sums ever committed for an oil startup. Luxe had previously acquired acreage in the Permian and sold it, and NGP is reloading the firm with more cash to build another exploration company.
Benzinga - Jan 4, 2018 OPEC cuts have lowered oil inventories by nearly 50 million barrels compared to one year ago. Yet, understanding many factors, including OPEC, fuel taxes, the economy and their impact on supply and demand is integral to providing a thorough and ...
That means that as these geopolitical events lose salience, the short run risk for oil prices is very much on the downside. Not having at least one solid correction to the downside in 2018 with such a mega bullish allocation to start with would ...
ETF Daily News - Jan 1, 2018 According to the company data, the first nine days of November saw an inventory increase of 37 million barrels, after a 120-million-barrel draw in September and October.
ETF Daily News - Dec 28, 2017 The dip in US crude oil inventories comes after weeks and weeks of increasing oil production in the United States, growing from an average of 8.946 million bpd in the first week of January of this year and reaching an average of 9.789 million bpd for ...
Thereafter, with oil prices rising and the inventory surplus eliminated, the justification for OPEC production cuts will lose their urgency, and members will be tempted to cheat.
I would argue that they want price stability over a certain price level, Cohen noted, referring to Saudi Arabia targeting a certain range of oil prices.
More notable recent United States Oil news were published by Etfdailynews.com which released Will Oil Bulls Or Bears Prove Correct In 2018
Goldman cites the shape of the futures curvethe backwardation will continue to steepen, due to higher near-term prices and lower longer-dated prices.