Oil Prices Edge Toward $70 Amid Political Uncertainty (USO)

From Tom Kool: Oil prices continued their upward momentum on Friday, following a week of geopolitical uncertainty and bullish industry news. (Click to enlarge) (Click to enlarge) (Click to enlarge) (C...

Gold’s Rally On Hold Until Summer? (GLD)

From Jordan Roy-Byrne: Last week we noted that Gold’s quarterly close would be a key marker for Gold’s immediate breakout potential. Gold was seemingly on course for its highest quarterly ...

China is reportedly taking steps to pay for oil in yuan

China is taking its first steps towards paying for imported crude oil in yuan instead of the U.S. dollar, three people with knowledge of the matter told Reuters. The article China is reportedly takin...

BP’s Bob Dudley receives 13% pay rise

Oil major’s board exercises ‘discretion’ in response to shareholder concern The article BP’s Bob Dudley receives 13% pay rise was originally published at FT.com....

Oil’s rise gives Nigeria some good news after its budget gets delayed … again

Nigeria’s state revenue for February of this year edged up by 19 billion naira ($53 million), it was announced Thursday. The article Oil’s rise gives Nigeria some good news after its budget g...

Oil Trades Around 64.20, Weak On High Inventory Buildup

The article Oil Trades Around 64.20, Weak On High Inventory Buildup was originally published at investing.com-commodities....

Why business needs to get serious about water scarcity

Forget oil and gold. Here’s why water has become one of the world’s most valuable investments. The article Why business needs to get serious about water scarcity was originally published...

China is taking the first steps to pay for oil in yuan instead of US dollars this year: Sources

US shale pumping will see oil prices slide back to $50, JP Morgan analyst predicts

Efficiency improvements from the world’s largest oil-producers could see prices slide back to near $50 a barrel, according to J.P. Morgan. The article US shale pumping will see oil prices slide...

Oil Prices Cool As Inventories Start To Rise Again (USO)

From Irina Slav: After a surprise 5.32-million-barrel inventory build reported by the American Petroleum Institute (API) weighed on oil prices yesterday, the Energy Information Administratio...

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Month: March 2018

Oil Prices Edge Toward $70 Amid Political Uncertainty (USO)

Gold’s Rally On Hold Until Summer? (GLD)

China is reportedly taking steps to pay for oil in yuan

BP’s Bob Dudley receives 13% pay rise

Oil’s rise gives Nigeria some good news after its budget gets delayed … again

Oil Trades Around 64.20, Weak On High Inventory Buildup

Why business needs to get serious about water scarcity

China is taking the first steps to pay for oil in yuan instead of US dollars this year: Sources

US shale pumping will see oil prices slide back to $50, JP Morgan analyst predicts

Oil Prices Cool As Inventories Start To Rise Again (USO)