Putin_ oil prices

Crude oil prices posted three straight weeks of gains reversing off the lows near $43.40 and thus marking the completion of the head and shoulders pattern that the readers were first alerted to back in August. The current rally in oil prices is well supported by the fundamentals. The EIA's weekly crude oil inventory report showed 5 weeks consec...

2016-10-13 John Benjamin Read more
OPEC_Crude Oil

Last week’s decisions by some of the major central banks saw the status quo being maintained. Garnering more than the usual share of attention were the BoJ and the FOMC. While the BoJ’s policy changes perplexed markets briefly, the FOMC’s decision was largely a known event as the Fed opted to keep rates steady but maintained that the case for fu...

2016-09-26 John Benjamin Read more