Category energy

Budget Busting OPEC: #2 Producer Iraq Goes Rogue; Plans 600K Barrels Per Day Increase By End Of 2017

Subject: OPEC’s No.2 Goes Rogue: Plans 600,000 Bpd Oil Output Increase  BUDGET BUSTING OPEC http://www.zerohedge.com/news/2017-04-06/opecs-no2-goes-rogue-plans-600000-bpd-oil-output-increase  OPEC’s No.2 Goes Rogue: Plans 600,000 Bpd Oil Output Increase by Tyler Durden Apr 6, 2017 12:43 PM   Iraq has plans to boost its crude oil production by 600,000 bpd to 5 million bpd by the end of this year, regardless of its participation in OPEC’s production […]

February Job Gains Clears The Way For Fed Rate Hike This Week; Crude Realities For Oil; Some Bio-Pharma Plays That Could Have Blockbuster Potential

February Job Gains Clears The Way For Fed Rate Hike This Week; Crude Realities For Oil; Some Bio-Pharma Plays That Could Have Blockbuster Potential www.fortunascorner.com Where The Jobs Are……..And, Aren’t      Friday’s Non-Farm Payrolls report released by the Bureau of Labor Statistics showed that the number of net new jobs created in the U.S. […]

OPEC’s Misleading Narrative About World Oil Supply

  AP Photo/Hasan Jamali Exhaust rises from an oil facility in the desert field of Sakhir, Bahrain, Septe More…  POLICY BRIEF – Environment and Natural Resources Program, Belfer Center OPEC’s Misleading Narrative About World Oil Supply Author: Leonardo Maugeri | March 2017 At a time when energy market headlines focus mainly on OPEC cuts, observers may be forgiven for […]

Potential Takeover Candidates In The Technology Space; Oil Surges; Gold Tanks; Copper Riding On Expected Infrastructure Spending; What To Expect In Stocks For December

Potential Takeover Candidates In The Technology Space; Oil Surges; Gold Tanks; Copper Riding On Expected Infrastructure Spending; What To Expect In Stocks For December     http://www.fortunascorner.com       There were three articles in last weekend’s Barron’s, that I made no reference to because the length of my Sunday article would have been too long. […]

Brexit, Zika, & ‘The Kitchen Sink — Nothing Is Stopping The Bull Stampede & The Rally Roars Ahead; What Is Driving The Rally?

Brexit, Zika, & ‘The Kitchen Sink — Nothing Is Stopping The Bull Stampede & The Rally Roars Ahead; What Is Driving The Rally? www.fortunascorner.com      Perhaps the most ‘hated,’ and doubted stock market rally in quite some time, continues to fuel the Bulls — and, leave the Bears behind.  Back on May 4, 2016, […]

Gold ETF’s Won’t Lose Their Luster This Year; A Bond Bear’s Views On Credit, Stocks, & Gold; Goldman Sachs Turns Negative On Stocks; Best Strategy For Emerging Markets Old.”

Gold ETF’s Won’t Lose Their Luster This Year; A Bond Bear’s Views On Credit, Stocks, & Gold;  Goldman Sachs Turns Negative On Stocks; Best Strategy For Emerging Markets Old.”     www.fortunascorner       Lewis Braham had an article in this weekend’s (August 1, 2016) Barron’s, discussing gold’s stellar performance thus far in 2016; […]

Bulls Charge In July; August Swoon For Stocks?; Friday We Get Non-Farm Payroll On The Number Of Net New Jobs Created In The U.S. In The Month Of July

Bulls Charge In July; August Swoon For Stocks?; Friday We Get Non-Farm Payroll On The Number Of Net New Jobs Created In The U.S. In The Month Of July www.fortunascorner.com      Sell in May and Go Away, is a time-tested philosophy that has worked much more often than not, for traders and investors managing […]

The Bulls Are Running In Pamplona And On Wall Street; June Jobs Report Calms U.S. Recession Fears; Silver Takes Gold; 1st Stab At Day-Trading Yields A 5.6% Portfolio Gain Last Week — +$21K

The Bulls Are Running In Pamplona And On Wall Street; June Jobs Report Calms U.S. Recession Fears; Silver Takes Gold; 1st Stab At Day-Trading Yields A 5.6% Portfolio Gain Last Week — +$21K   www.fortunascorner.com        First, I want to express my sorrow for the tragedies that occurred in Dallas, Minnesota, Baton Rouge, […]

Oil And Precious Metals Outshine Stocks; Top Firms Turning Bearish On Stocks

Oil And Precious Metals Outshine Stocks; Top Firms Turning Bearish .com www.fortunascorner      As CNBC’s website this evening notes, “U.S. oil ends at fresh 2016 highs on Nigeria sabotage and crude stockpile draw-down.  West Texas Crude (WTI) closed above the $50 mark, up 87 cents, or +1.73 percent, to $51.53 — its third straight […]

Saudi Financial Crisis ‘Could Leave Oil At $25’ As Contractors Face Being Paid In IOUs

http://www.telegraph.co.uk/business/2016/05/22/saudi-financial-crisis-could-leave-oil-at-25-as-contractors-face/ Saudi Financial Crisis ‘Could Leave Oil At $25’ As Contractors Face Being Paid In IOUs While crude prices have rallied 80pc to almost $50 a barrel since mid-February, this has not yet been enough to ease Saudi Arabia’s financial crunch Ambrose Evans-Pritchard 22 May 2016 • 8:40pm Saudi Arabia faces a vicious liquidity squeeze as […]