Crude Oil

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...

Bond Yields Break Out Around The World As Japan's Record Stock Rally Ends

S&P futures are fractionally in the red while traders await President Trump’s pick for Fed chair and more clues on the fate of tax reform; Asian stocks slide, European shares are little changed ahead of tomorrow's ECB tapering announcement as US 10Y yields finally break out of their multi-month range below 2.40%.

"It's A Huge Story": China Launching "Petroyuan" In Two Months

"...the yuan-based oil contract will be a 'wake up call' for investors ...besides serving as a hedging tool for Chinese companies, the contract will aid a broader Chinese government agenda of increasing the use of the yuan in trade settlement...it's a 'huge story'..."

What Selloff: Futures Rebound, Nikkei Extends Record Winning Streak

European shares are modestly lower as investors monitor fluid events in Spain and as focus turns to Thursday’s ECB meeting; US equity futures have rebounded from yesterday's sharp but shallow selloff and are in the green amid rising odds of U.S. tax reform and the imminent unveiling of the next Fed chair while Asian shares rise and Japan extends its winning streak to a record 16 days.

Oil Quality Issues Could Bankrupt Venezuela

The next few weeks for Venezuela will be crucial, as it could struggle to meet a huge stack of debt payments. Reports that the nation’s oil production is experiencing deteriorating quality raises a new cause for concern for the crumbling South American nation.

Oil Giants At Odds As Saudi-Russian Ties Improve

Cooperation is set to deepen between the two countries’ energy sectors, but Rosneft and Aramco have different strategic outlooks that suggest that many of these moves are tactical on Saudi Arabia’s part and opportunistic on Russia’s part.