Crude

US Futures Rebound After Disappointing Chinese, European Data

Yesterday's sharp Chinese selloff is now a distant memory after the BTFDers emerged, and this morning U.S. equity futures are once again levitating as the FOMC begins its two-day policy meeting, following an uneventful BOJ announcement on Tuesday morning which left all QE parameters unchanged. Asian stocks traded mixed steady while European shares climb.

S&P Futures Slide After Chinese Stock And Bond Rout; Spain Rebounds, Dollar Drops

U.S. futures slid 0.2% as investors awaited a barrage of announcements including Wednesday's Fed decision, Friday's jobs report and, most importantly Trump's imminent announcement of who the next Fed chairman will be, although after the latest trial balloons, Jay Powell is now largely priced in, even as they kept a weary eye on the biggest Chinese stock and bond rout in months.

The Petrodollar's Biggest Challengers

Established in the early 1970s, the petrodollar has secured the United States’ influence over the oil trade for over 40 years, but recently, it is clear that this monopoly is slowly beginning to fall apartin some part due to the influence of Bitcoin and other emerging cryptocurrencies.

The 4 Factors Driving Next Year's Oil Markets

Several key topics will dominate oil markets next year, and how companies are thinking about those topics now will likely play a large part in determining their strategic success next year...

Saudi Rhetoric Sends Oil Prices To Two-Year High

Comments made by Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS), sent Brent crude to its highest in more than two years (highest since July 2015), above $60 a barrel...

Lies And Distractions Surrounding The Diminishing Petrodollar

"As far as oil and petro-status are concerned, the mainstream media is perfectly willing to report on the smaller stories, but refuse to acknowledge the bigger story... completely unwilling to account for the effects that will result or the deeper meaning behind these events..."

Are Petrocurrencies Heading For Extinction?

Petrocurrencies are breaking away from their traditional tight link to oil prices, but all it would take for this link to return is for prices to fall bellow their current range...