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crude

  1. Scorpio

    Week Ahead: Energy Sector's Debt Bomb Ready to Explode

    Week Ahead: Energy Sector's Debt Bomb Ready to Explode By John Persinos Follow | 03/27/16 - 02:02 PM EDT The clock is ticking ever louder for heavily indebted oil and gas companies, as well as for the banks with the highest ratios of energy loans. Many of these energy and financial services...
  2. Scorpio

    The Oil Market is Finally Hitting Its Breaking Point

    The Oil Market is Finally Hitting Its Breaking Point 8 / 28 The Motley Fool Matthew DiLallo 5 hrs ago The oil business is nothing more than a rat race. Oil companies continually have to drill new wells to offset the decline from legacy wells. If they drill too much it causes the price...
  3. Scorpio

    The Fed’s Loose Lips Helping To Swamp Economic Ship

    The Fed’s Loose Lips Helping To Swamp Economic Ship Thursday March 24, 2016 18:01 James Bullard, had of the ST. Louis Federal Reserve Bank and a voting member of the Federal Open Market Committee felt a compulsion to comment on the decisions that he agreed with just last week. Correct us if...
  4. Scorpio

    Oil prices continue rout as supply fears weigh

    Oil prices continue rout as supply fears weigh By Dan Strumpf Published: Mar 24, 2016 4:14 a.m. ET Crude hovers below $40 AFP/Getty Images U.S. Department of Energy showed domestic crude stockpiles soared by 9.4 million barrels Oil futures moved firmly lower in Thursday’s trade...
  5. Scorpio

    Spot gold targets biggest weekly loss in more than 4 months

    PRECIOUS-Spot gold targets biggest weekly loss in more than 4 months * Newcrest hedges some of Telfer gold production * Gold starting to find benefit from inflation hedge investment * Coming up: U.S. durable goods orders at 1230 GMT (Updates prices) By Melanie Burton...
  6. Scorpio

    Oil Rally Not Sustainable Says Russian Central Bank

    Oil Rally Not Sustainable Says Russian Central Bank Mar. 19, 2016 11:57 AM ET | Includes: BNO, DBO, DNO, DTO, DWTI, OIL, OLEM, OLO, SCO, SZO, UCO, USL, USO, UWTI Gary Bourgeault ⊕Follow (1,918 followers) Summary The Russian central bank sees several catalysts that could stop the oil rally in...
  7. Scorpio

    A Bearish Oil Revision

    A Bearish Oil Revision Mar. 17, 2016 6:39 AM ET | Includes: BNO, DBO, DNO, DTO, DWTI, OIL, OLEM, OLO, SCO, SZO, UCO, USL, USO, UWTI Daniel Jones Summary The picture in the Permian is very complicated but there seems to be a reasonable chance that oil production in the area will fall this year...
  8. Scorpio

    Existential Hours As We Wait For The Fed To Hand Down The Law

    Existential Hours As We Wait For The Fed To Hand Down The Law Monday March 14, 2016 18:14 This is a perfect day to look at bond yields and what they might be telling us about the FOMOC meeting scheduled for tomorrow and ending Wednesday. Yet we have to take this snapshot with a grain of salt...
  9. Scorpio

    The Weekend Is Upon Us And So Is The Wait For The Fed

    The Weekend Is Upon Us And So Is The Wait For The Fed Friday March 11, 2016 18:11 Reversing field, equities worldwide today latched back onto the positive side of the sayings of Chairman Draghi of the European Central Bank and to a very modest rise in the price of oil. But the modest rise in...
  10. Scorpio

    Low oil price claims another victim

    Low oil price claims another victim — Goodrich Petroleum to miss bond interest payment By Ciara Linnane Published: Mar 8, 2016 1:19 p.m. ET Exploration firm hopes exchange offer will hold off Ch. 11 filing Getty Images Goodrich Petroleum Corp. has become the latest oil company to fall...
  11. Scorpio

    Oil stocks tumble as short squeeze fades

    Oil stocks tumble as short squeeze fades By Tomi Kilgore Published: Mar 8, 2016 1:28 p.m. ET Oil sector ETF’s components all decline as crude-oil futures pull back Getty Images Oil wells pumps in Long Beach, Calif. Oil stocks traded sharply lower Tuesday, as a pullback in crude-oil...
  12. Scorpio

    Oil Presents The Same Old Riddle Only Start From The Middle

    Oil Presents The Same Old Riddle Only Start From The Middle Monday March 07, 2016 18:12 Many experts are suddenly touting the idea that the oil crash and long-standing route is dead and ready for burial. Certainly oil prices are acting as if that is true. At 3 o’clock in New York, West Texas...
  13. Scorpio

    Saudi raises crude price to Europe, Asia, cuts it for US

    Saudi raises crude price to Europe, Asia, cuts it for US 2 / 27 AFP Marwan Naamani 3 hrs ago Saudi Arabia, the world's largest crude exporter, Wednesday raised the April prices of its oil to Asia and Europe but cut it slightly for shipments to the United States. The move comes after oil...
  14. Scorpio

    We just got another massive sign of how badly Saudi Arabia is suffering from the oil price crash

    We just got another massive sign of how badly Saudi Arabia is suffering from the oil price crash Will Martin Feb. 29, 2016, 9:07 AM REUTERS/Mohamed Al HwaityA man with Saudi Arabia's national flag in 2013 riding with a driver performing a stunt known as sidewall skiing as part of early...
  15. Scorpio

    "There’s A Feeling Of Bits Of Ice Cracking All At Once"

    mind you, this is after last weeks report showing gas supplies being drawn down, while crude supplies were up again, "There’s A Feeling Of Bits Of Ice Cracking All At Once" - This Is The 'Big New Threat' To Oil Prices Tyler Durden One week ago, we reported that even as traders were focusing...
  16. Scorpio

    Mansion prices tumble as oil rout hits Houston's rich

    Mansion prices tumble as oil rout hits Houston's rich 12 / 17 Reuters By Terry Wade and Anna Driver 11 hrs ago Prices for mansions in Houston's swankiest neighborhood have tumbled in lock-step with crude prices. The Houston Opera has offered free season tickets to patrons who lost their...
  17. Scorpio

    Oil Dances Some More Helping Gold To Move Up

    Oil Dances Some More Helping Gold To Move Up Wednesday February 24, 2016 17:58 One month ago, crude oil closed at 33.35. Today it settled at $32.15. In between those marks, the swing above and below $30 per barrel has been about 10% on either side of the line. It hasn’t budged out of the...
  18. Goldhedge

    Were We Lied Into War?

    Some would nod in agreement... while others will be calling for arrests for treason... Were We Lied Into War? Submitted by Tyler Durden on 02/21/2016 Submitted by Justin Raimondo via AntiWar.com, Donald Trump threw down the gauntlet at the last GOP presidential debate with his declaration...
  19. Scorpio

    Gold Holds Steady as Oil Sinks and Equities Struggle

    Gold Holds Steady as Oil Sinks and Equities Struggle Friday February 19, 2016 18:25 Gold stayed more or less steady as the session and week neared an end. Spot gold was down, but the April futures contract was up. While it’s easy enough to name suspects in today’s maintenance of the status...
  20. Scorpio

    U.S. Crude Inventories Are The Highest Since The Great Depression

    U.S. Crude Inventories Are The Highest Since The Great Depression January 27th, 2016 Tyler Durden: In case you were under the impression that oil was stabilizing, we thought this chart might help clarify just how “different” it is this time in the energy complex… U.S. crude inventories are at...