The price of oil is usually measured on a per-barrel basis. The price also can be quoted as the spot price, which is the price of buying a barrel at the current moment, or as the futures price, which is the cost of buying a barrel of oil in future months. Two main contracts traded are West Texas Intermediate (WTI) and Brent Crude. WTI oil is light sweet oil and very well suited for gasoline. Brent Crude is a blend of oil from the North Sea. Futures prices are quoted in increments of 1,000 barrels of oil for every one contract.
Oil Prices was last modified: March 11th, 2015 by admin
Less Supply Drives Oil Price Surge
In a surprising show of unity, the United States, Russia, and Saudi Arabia agreed to cooperative cutbacks in oil production, at least for the near future. Markets responded enthusiastically to the improved outlook for oil prices, pushing up spot prices across various oil benchmarks.
WTI crude, which.
Could Weak Earnings Spark a Stock Market Crash in 2016?
Weak corporate earnings could result in a stock market crash in 2016, dashing the mainstream belief that the U.S. economy is in a recovery.
The Federal Reserve’s uncertain interest rate policies and lower commodity prices have jointly served as catalysts to spark market speculations..
CAD/USD Exchange Rate: Canadian Dollar Forecast Bearish in 2016
Although the Canadian dollar was virtually on par with the U.S. dollar just two years ago, a handful of events have decimated the loonie since. Low commodity prices are threatening to crush the Canadian dollar as the currency was supposed to regain its footing. For many .
Oil Price Forecast: This Could Send Oil Prices to $100
Oil prices are rising on the commodities market in response to tensions between the United States and Russia over Syria. The WTI gained 2.4% to hit $46.25 a barrel while Brent rose 2.5%, returning to over $49.39.
The United States is bracing itself for hurricane season and cyclone Joaquin.
Strike While the Pump Jack Is Cold: Oil and Gas Plays an Opportunity While Down?
With oil prices taking a beating, most investors interested in oil and gas are probably running for the hills or are taking a wait-and-see approach. (If you’re in the latter group, consider keeping an eye on the nine top oil and gas penny stocks for 2015 that.
Immediate term outlook:
The bear market rally in stocks that started in March 2009, extended because of unprecedented central bank money printing, is coming to an end. Gold bullion is up $1,000 an ounce since we first recommended it in 2002 and we are still bullish on the physical metal.
Short-to-medium term outlook:
World economies are entering their slowest growth period since 2009. The Chinese economy grew last year at its slowest pace in 24 years. Japan is in recession. The eurozone is in depression. With almost half the S&P 500 companies deriving revenue outside the U.S., slower world economic growth will negatively impact revenue and earnings growth of American companies. Domestically, America’s gross domestic product grew by only a meager 2.3% in the second quarter, which will negatively impact an already overpriced equity market.