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HomeFinance

Finance

Crude Oil
Crude Oil News

Speculative Funds Continue to Move Towards Short Side of Crude Oil

November 16, 2023 Mariel Alumit

Speculative funds have continued to move towards the short side of crude oil markets, analysts at Standard Chartered noted in a new report sent to Rigzone this week. “Money-manager shorts across the four main Brent […]

Russia
Crude Oil News

Russia Claims It Will Continue To Adapt To Oil Sanctions

November 16, 2023 Mariel Alumit

By Tsvetana Paraskova of OilPrice.com Russia is adapting to the increasingly stricter U.S. sanctions on trade with Russian oil and is acting in accordance with its own interests, Kremlin spokesman Dmitry Peskov said on Tuesday, […]

Economy
Finance

Exposing Our Fed-Driven Bubble Economy

November 16, 2023 Mariel Alumit

Authored by David Gordon via the Mises Institute, David Stockman served for a short while as budget director during Ronald Reagan’s first term as president, but he soon resigned owing to Reagan’s refusal to cut […]

Russia
Exports

Russia set for $75 billion surplus – Bloomberg

November 16, 2023 Mariel Alumit

Russia’s current account surplus has increased sharply, propping up the national currency as energy exports recovered despite pressure from Western sanctions, the country’s central bank reported on Tuesday. The current account, which measures the difference […]

Commodities

Daily Energy Standup Episode #253 – Navigating EV Charging Woes and Goldman Sachs’ Commodity Confidence

November 16, 2023 Andy Del Prado

Daily Standup Top Stories I Visited Over 120 EV Chargers: Three Reasons Why So Many Were Broken November 15, 2023 Mariel Alumit Los Angeles County has more public electric-vehicle fast chargers than any other in the […]

Yen
Finance

Yen May Have Touched Bottom As Rate Gaps Narrow

November 15, 2023 Mariel Alumit

By Sebastian Boyd, Bloomberg markets live reporter and strategist There’s a possibility the yen may have touched bottom for the current cycle, at least against the dollar, with measures of interest-rate differentials between the two […]

Awilco LNG
Earnings

Awilco LNG reports Q3 net profit of $3.3 million

November 15, 2023 Mariel Alumit

Norway-based shipping firm Awilco LNG, the owner of two 156,000-cbm carriers, reported a net profit of $3.3 million for the third quarter of this year compared to a net loss in the same period last […]

IEA
Crude Oil News

Oil climbs as IEA lifts demand growth forecast, US inflation cools

November 15, 2023 Mariel Alumit

Investing LONDON – Oil prices firmed on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts, adding to bullish sentiment from the previous day’s OPEC guidance, while U.S. data showed inflation in […]

Goldman Sachs
Commodities

Goldman Sachs forecasts higher returns on commodities

November 15, 2023 Mariel Alumit

Reuters Goldman Sachs expects increased returns on commodities over the next 12 months, buoyed by higher spot prices amid easing monetary policy and recession fears while the asset class also strengthens on hedging against geopolitical […]

Hess
Big Oil Companies

Chevron takeover of Hess resurrects multi-billion dollar tax shield

November 15, 2023 Mariel Alumit

Yahoo Finance Chevron’s deal to buy Hess HES.N will unlock $15 billion worth of tax benefits that had once been relegated to the accounting dustbin, as the combined company takes advantage of Hess’s past losses to cut future […]

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