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New Year, New Oil Outlook: Pros Debate Commodity's Trajectory
Wednesday, January 2, 2019 - 11:36am | 438WTI crude oil has lost 40 percent since early October, and experts are conflicted on whether the worst is yet to come for the global commodity. Considering Big Dividend Payers One of the biggest contributors to the large decline in oil prices in recent months is an increase in...
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Oil Is Now Trading At A New 2017 Low
Tuesday, June 20, 2017 - 11:03am | 328Oil prices entered bear territory on Tuesday after falling more than 3 percent. The price of oil hit a seven-month low near the $43 per barrel level which implies the commodity is trading at its lowest levels in 2017. The latest reason for the weakness is attributed to signs of rising output from...
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Oil Pro: The OPEC Meeting Is A 'Complete Farce'
Wednesday, September 28, 2016 - 1:16pm | 381OPEC members are meeting in Algiers to discuss a potential agreement to freeze oil output. Few experts are predicting that much will come out of the meeting, but one oil analyst went so far as to describe the meetings as a "complete farce." Michael Cohen, Barclays Head of Energy...
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2 Oil Pros Discuss The Case For And Against Owning The Commodity
Thursday, May 26, 2016 - 3:04pm | 245John Kilduff, a partner at Again Capital, has been negative on oil for quite some time and defended his thesis during an appearance on CNBC. Kilduff said he is still "not constructive" on oil despite the near-$50 per barrel price. He explained that the U.S. dollar is expected to...
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Oil Going Back To $25, Again Capital Warns
Tuesday, March 22, 2016 - 6:33am | 132Speaking on CNBC's Markets Now, John Kilduff of Again Capital said he doesn't believe the current rally in crude oil can hold and he thinks that it is probably going to test $25 again. Kilduff explained that crude oil rallied on the speculation about a possible production cuts by OPEC countries,...
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Oil Prices Could Fall To '09 Lows Of $32/Barrel By October
Sunday, August 16, 2015 - 1:57pm | 386Oil prices broke the $42 mark last Friday and went as low as $41.35, a level not seen since March 2009. The question everyone seems to be asking right now is: Can the price fall further? John Kilduff, Again Capital founding partner, was on CNBC recently to answer that question. Prices Will Go Lower...
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Brace Yourselves For Crude Oil Below $40
Thursday, July 30, 2015 - 3:07pm | 365After recovering significantly during the second quarter, crude oil prices lost most of their gains during July and are now back trading below the $50 mark. While some analysts expect the prices to remain in this range for a considerable period of time, John Kilduff, Again Capital partner, thinks...