Category: Crude Oil
The analysis published under this category are as follows.
Monday, September 30, 2013
How to Profit From China's Crude Oil Crisis / Commodities / Crude Oil
By: Investment_U
cpittman writes: America is the strongest nation on Earth, but we depend on foreign energy suppliers. In fact, we import more oil than any other country. This is our crucial weakness as a superpower.
Now, that is changing big-time in ways that are good for America and bad for China. And this change offers you extraordinary investment opportunities.
Monday, September 30, 2013
Is Crude Oil a Step Behind or Ahead of the Oil Index? / Commodities / Crude Oil
By: Nadia_Simmons
Tensions in the Middle East have always had an impact on everyday life around the world through their effect on the price of oil. During the last month we saw this impact very clearly. At the beginning of September, the price of light crude dropped as fears of U.S. military action against Syria faded. In the following days, crude oil declined as Libya's production recovered to nearly 40% of pre-war capacity. Higher crude oil output in Iraq was an additional bearish factor, which pushed the price lower. In the previous week, investors watched closely all the US-Iran news. On Friday, the price of oil fell as tensions eased between the United States and Iran after the Obama-Rouhani talks.
Monday, September 30, 2013
Crude Oil Helps Unfreeze US-Iranian Relations / Politics / Crude Oil
By: Andrew_McKillop
SAVING PRESIDENT OBAMA
Missing in the diplomatic and media hoopla surrounding US-Iranian relations, for example the missing “photo op” handshake between the USA's Obama and Iran's new president Rouhani at the UN General Assembly, the three-letter-word oil was also absent.
For some, given Obama's often farcical and fumbling foreign policy initiatives, it might seem the mounting momentum for an end to Iranian sanctions is only another initiative with no real goal except saving the president. As we know, a phone call between the two turned out to be “almost as good as a handshake”. As we also know, ending sanctions and normalizing US-Iranian relation may move very rapidly – whatever Israel can do trying to slow it.
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Thursday, September 26, 2013
Will Russia Lose Its Crude Oil Grip on Europe? / Commodities / Crude Oil
By: Marin_Katusa
Vladimir Putin is on a roll. Ever since the Russian president-turned-prime-minister-turned-president got into office 13 years ago, he's been deftly maneuvering Russia back into the ranks of global heavyweights. These days, he's averting cruise missiles from Syria before breakfast.
For a strategy to return Russia to superpower status, Putin had to look no farther than his own doctoral thesis, Mineral Natural Resources in the Development Strategy for the Russian Economy.
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Thursday, September 26, 2013
Crude Oil Price Could Reverse Up from 101-103 Support Zone / Commodities / Crude Oil
By: Gregor_Horvat
Few weeks back oil reversed sharply from the 112 high when a five wave rally from 91.00 area completed a larger degree of an extended wave 3). As such, the contra-trend reaction is called a corrective retracement that is now unfolding but maybe near completion.Read full article... Read full article...
Wednesday, September 18, 2013
Damascus Dodges a bullet, Make This Crude Oil Move Immediately / Commodities / Crude Oil
By: Money_Morning
Dr. Kent Moors writes: Damascus may have dodged a bullet (or a cruise missile), but nothing else has changed very much. Not in terms of risk.
That explains why the "Syrian Premium" remains. It may be slightly reduced, as you'll see. But it is likely to stay with us even after the threat of a military solution has been averted.
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Thursday, September 12, 2013
Crude Oil Prices, Syria, and the Probability of a Price Shock / Commodities / Crude Oil
By: J_W_Jones
Oil prices have been in the spotlight as the Syrian chemical weapons crisis became front and center in the media. As the political process has unfolded, price volatility in oil futures in both directions has been extreme. Oil prices have traded in a wide range the past two weeks between $104 – $112 dollars per barrel.
As a professional option trader, I wanted to look at what the implied volatility within options on oil futures was saying about future oil prices. The oil futures option chain would give me some possible clues about near and intermediate term price direction.
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Thursday, September 12, 2013
Crude Oil Price Forecast: The "Syrian Premium" Is Not Temporary / Commodities / Crude Oil
By: Money_Morning
Dr. Kent Moors writes: By an apparent agreement to place its chemical weapons under international control, Syria seems to have dodged an imminent American military attack.
Yet even as the world takes a step back from the brink, three critical questions still remain:
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Monday, September 09, 2013
Attack on Syria Could Trigger Fuel Apocalypse / Politics / Crude Oil
By: Pravda
In an anticipation of the war in Syria, the global oil market starts to shiver. A barrel of oil has recently jumped up to $115, which, according to experts, is not a limit. Some analysts give quite gloomy forecasts. They authoritatively declare that the world is standing on the verge of gasoline apocalypse.
In the Russian part of the Internet, there is a very popular forecast from U.S. expert Brandon Smith, who considers Syria a spring board for apocalypse that has been planned by the US establishment. His list of 20 looming, pretty grim events, includes those associated with the cost of oil.
Monday, September 02, 2013
Crude Oil Price No Breakout But the Trend Remains in Place / Commodities / Crude Oil
By: Nadia_Simmons
From today’s point of view, it seems that the situation hasn’t changed much since our last Oil Update, because light crude is trading between $105 and $107 per barrel once again - just like it did a week ago. However, last week was very interesting and brought a significant improvement in the oil market – a positive change which, eventually, turned out to be only temporary.
The crude market is always sensitive to Middle East conflict. As you remember, prices rose to $115 on the unrest in Libya two years ago and to $110 on Iran’s nuclear program. In the previous week we saw similar price action.
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Saturday, August 31, 2013
Syria Attack, Pipeline Politics, OPEC & the U.S. Dollar / Commodities / Crude Oil
By: Jim_Willie_CB
Syria is about the last gasp for the Petro-Dollar, the emergence of energy pipeline geopolitics, the rise of the NatGas Coop, the new dominance of Russian Gazprom, the eclipse of OPEC, the fall of the house of Saud, and a grand adjustment process in global commerce and banking. Refer to trade settlement outside the USDollar and diversification away from USTreasury Bond reserves management. It took some time to realize it, but the Cyprus bank incident was a misdirected attack against Gazprom. It failed. The entire Arab Spring movement, an ambitious disruptive project waged with foolhardy ambitions, has turned on itself. Egypt fell, its US puppet discharged. The entire North African region will be in flames soon. The USGovt interfered with a grand industrialization project for European industry, to be placed on North Africa intended to take advantage of cheaper labor, available minerals, nearby resources, and easy shipping. The resentment of Europe will show up in the future. The Middle East and Persian Gulf region is shifting its salute to Russia & China, as the noisy sectarian battles have been a common fixture since long ago. Bahrain has erupted. Saudi is clamping down and converting into an Islamic police state to create the Iran-Saudi repressive bobsey twins. Chaos is the longstanding objective of the USGovt in foreign policy infection, no change in decades.
Friday, August 23, 2013
Gold Begins to Rally Against Crude Oil / Commodities / Crude Oil
By: DailyWealth
As we expected, the "gold-to-oil" ratio is working in gold's favor...
Back on July 26, we noted how the "gold-to-oil" ratio was ready to snap back in gold's favor. At the time, we reminded readers how this kind of "ratio trade" isn't a conventional "buy a stock and hope it goes up" trade. "Ratio trades" involve trading one asset against another asset. For example, one of the most important ratios in this group is the "gold-to-oil" ratio.
Thursday, August 22, 2013
Mounting Tensions in Middle East to Push Crude Oil Prices Higher? / Commodities / Crude Oil
By: InvestmentContrarian
Sasha Cekerevac writes: While many Americans might be disturbed by recent news of the ongoing mass violence in Egypt, it’s unlikely that many have considered the economic impact the growing violence could have on America. And if you think the impact won’t be all that significant, you would be wrong.
Oil prices are already seeing the effects of the violence, as the market sector is extremely sensitive to any increase in political uncertainty on the world stage.
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Tuesday, August 20, 2013
Crude Oil Price Corrective Pause Appears Complete; 110 Back in View / Commodities / Crude Oil
By: Gregor_Horvat
OIL is trading slightly lower after recent reversal from the upper channel resistance line shown on the 4-hourly chart. However, we cannot ignore a three wave decline from July high which is clearly a contra-trend movement, called a zig-zag in Elliott Wave theory. With that in mind, we will continue to look for higher prices on crude oil as long as 102.15 support is in place. As such, we suspect that current set-back is wave (ii) that may look for a support in 104-105 zone, in one of the Fibonacci support levels. Reversal from there, in impulsive fashion back to 108 will be nice indication for a bullish moves, but then towards 110 level.
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Thursday, August 15, 2013
Saudi Oil Clout And The Fate Of Egypt / Politics / Crude Oil
By: Andrew_McKillop
OIL SHOCK FOR SOME – FOOD SHORTAGE FOR EGYPTIANS
Since August 14 Egypt's continuing existence as a unified state is unsure. The country may be plunged into a long and deadly civil war on the 1990s Algerian model (see my article: 'Algerian scenario for Egypt?” http://www.marketoracle.co.uk/Article41630.html). Since the army-led overthrow of Mohamed Morsi, July 3, showing their outright support for the coup, the Arab Gulf states rushed to supply aid to Egypt. World media announced from July 18 that the United Arab Emirates was first in line, transferring $3 billion to Egypt's central bank shortly before another $2 billion came in from Saudi Arabia and Kuwait promised $4 billion. In total Gulf Arab oil producers promised aid packages, including food and fuel, worth $12 billion after President Mohamed Morsi's ouster, throwing a lifeline to Egypt struggling to maintain food supplies for the Arab world's most populous nation, and world's No 1 importer of wheat.
Wednesday, August 14, 2013
Can Saudi Arabia Pump Enough Crude Oil ? / Commodities / Crude Oil
By: Andrew_McKillop
PREVENTING OIL SHOCK – OR CAUSING IT
One of Wikileaks' most celebrated revelations, in 2011, was a confidential mail from a US diplomat in KSA (Kingdom of Saudi Arabia) stating that he had been convinced by a Saudi oil expert named Sadad al-Husseini using data from as far back as 2005 that the nation's oil reserves are overstated by nearly 40%. The diplomat was certain that KSA could not “keep a lid on oil prices”.
Saturday, August 10, 2013
Why Crude Oil Price Is Poised for a Sharp Correction / Commodities / Crude Oil
By: DailyWealth
If you hold any bets on crude oil rising, we encourage you to dump them. A correction is headed our way.
A simple boating concept explains why...
Picture a boat... the kind you'd take on the ocean for a fishing trip. Now picture the Dallas Cowboys football team on the boat. If all 53 players are evenly spaced, things are fine. But if all 53 players move to one side of the boat, bad things happen. The boat tips over until lots of Cowboys are shark food.
Thursday, August 08, 2013
Is the U.S. Shale Oil Boom Out of Balance? / Commodities / Crude Oil
By: Money_Morning
Dr. Kent Moors writes: It's boom time in Texas. From the Eagle Ford shale to the Permian Basin, it's practically raining money.
Now you would think that would be a positive for the local economies. But as this boom unfolds, it is not without its own share of problems.
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Tuesday, August 06, 2013
What's Behind July's 9% Rise in Crude Oil Prices / Commodities / Crude Oil
By: Money_Morning
Tony Daltorio writes: U.S. crude oil prices finished the month of July on a very positive note. Front-month futures ended July at just above $105 a barrel.
That put those futures up about 9% for July, the largest one-month gain for crude oil in 11 months.
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Friday, August 02, 2013
Can Crude Oil Play Super-Commodity Like 2008? / Commodities / Crude Oil
By: Andrew_McKillop
TIME WAS
Due to the recession, global oil demand in 2008 went down as global supply rose. Prices rose, also. Using US EIA data, global oil consumption decreased from 86.66 million barrels per day (Mbd) in the fourth quarter of 2007 to 86.34 Mbd in the first quarter of 2008. Between Q1 2008 and Q2 2008 global demand fell again, to 85.73 Mbd.