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Chinese Oil Demand Is 'Looking More Like A Vomiting Bear'
Thursday, August 25, 2016 - 1:54pm | 436Read More...China's economy isn't growing as fast as it used to. The economy grew 6.7 percent in the second quarter, which falls short of 2015's 6.9 percent growth rate, which also happens to be its slowest pace of growth in a quarter century. Nevertheless, the economy is still growing and many assume that...
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Crude Oil Hits 11-Month High
Wednesday, June 8, 2016 - 8:10am | 394Read More...The price of US WTI crude oil closed for trading on Tuesday above the $50 per barrel mark for the first time since July. The commodity continued to trade higher early Wednesday morning and was seen trading above the $51 per barrel handle. The last time WTI crude futures traded near the $51 per...
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Here Is The Case For -- And Against -- Crude Oil
Tuesday, January 12, 2016 - 2:53pm | 274Read More...Oil continued its downward momentum on Tuesday and flirted even close to the $30 per barrel mark. The Financial Times interviewed 2 market experts, one bull and one bear, and summarized their analysis in a new report. The Bear Case Ed Morse, global head of commodities research at Citigroup, told...
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How China Could Drive An Oil Boom In The Coming Decade
Monday, June 15, 2015 - 10:20am | 366Read More...Exploding demand for passenger cars in China will eventually cause the current weakness in petroleum prices to evaporate, an analyst said Monday. "Investors with a longer time horizon don't need to worry about OPEC meetings and shale oil production," Jefferies analyst Laban Yu...
