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OPEC Cuts Aren't Cutting It
Tuesday, May 16, 2017 - 4:18pm | 396Read More...The United States Oil Fund LP (ETF) (NYSE: USO) is up roughly 2 percent this week after Saudi Arabia energy minister Khalid al-Falih and Russia energy minister Alexander Novak said they would be on board with an OPEC plan to extend November’s crude oil production cuts by nine months. Muted...
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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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U.S. Could See Crude-Oil Production Records By 2016
Tuesday, December 17, 2013 - 3:35pm | 424Read More...Will the price per barrel of oil be cheaper by the end of the decade? According to Ed Morse, head of commodity research at Citigroup (NYSE: C) the price of a barrel could be $15 less than current levels by 2020. The U.S. is on track to reach records for crude-oil production by 2016, which “will...
