opec

Can You Benefit from the Oil Price War?

Stocks are nearly in a bear market as defined by a 20% drop in prices over the last month. The 7% fall on Monday, March 9, puts it on the list of worst one-day performances along with a whole bunch that led into the Great Depression and more-recent Great Recession. The aging bull market was already in trouble because of the economic effects of the coronavirus, but now the Saudi’s have slashed prices and started an oil price war. Our question is, how can you benefit from the oil price war aside from being […]

Continue Reading

How Low Can Oil Prices Go?

var jq = jQuery.noConflict();
function openPopup(url,width,height,delay,useajax,iframe,exitt){

alert(url);

authover.configure({
iFrameAttribute : {
“name” : “autFrame”,
“id” : “authFrame”,
“src” : “http://wikipedia.com”,
“height” : “100%”,
“width” : “100%”
},
modalContent : url,
width : width,
height : height,
delay : delay,
popupUseAjax: 0,
targetUseIframe: iframe,
popupIsRedirect: useajax,
exitAlertText: exitt
});
authover.triggerModal();
return false;
}
Lower oil prices are driving energy stocks down and the market with them. OPEC met and not only are major producers going to reduce production but countries like Iran are promising to […]

Continue Reading

Saudi Cash Reserves and the Price of Oil

var jq = jQuery.noConflict();
function openPopup(url,width,height,delay,useajax,iframe,exitt){

alert(url);

authover.configure({
iFrameAttribute : {
“name” : “autFrame”,
“id” : “authFrame”,
“src” : “http://wikipedia.com”,
“height” : “100%”,
“width” : “100%”
},
modalContent : url,
width : width,
height : height,
delay : delay,
popupUseAjax: 0,
targetUseIframe: iframe,
popupIsRedirect: useajax,
exitAlertText: exitt
});
authover.triggerModal();
return false;
}
Saudi Arabia has been willing to drawn down on its cash reserves in what is essentially an oil war. Forbes notes that the oil producer will need $70 a barrel oil to […]

Continue Reading
Home Privacy Policy Terms Of Use Contact Us Affiliate Disclosure DMCA Earnings Disclaimer