It was a brutal second half of last week in crude oil markets, as a stunning drop in oil inventories as reported by the EIA was greeted with a just as surprising swift decline in prices.
Geopolitical News & Articles
These days, the issue facing most markets on the international stage is the ongoing saga of trade. On the campaign trail in 2016, U.S.
Asian markets were rocked last night by the news the US President was releasing details on a new round of tarrifs to levy against China.
Which came first, the chicken or the egg? The question that has posed a dilemma for philosophers, scientists, and laypeople throughout history.
On Friday, June 22 the oil ministers of OPEC, the international oil cartel met at their bi-annual gathering in Vienna, Austria to come up with a coordinated production schedule for the second half
Stocks and commodities continue to fall on fears of slower global economic growth from a burgeoning trade war.
We may finally be getting a little rebound in the Eurozone. Apart from Germany, much of the data coming out of the EU has been soft and getting softer.
Although the GBPUSD has recently made new lows, the Stochastics on the 240-minute chart is currently indicating potential trend divergen
In the aftermath of the 2008 global financial crisis, central banks around the world slashed short-term interest rates to unprecedented levels. The Fed Funds rate in the U.S.
While the very first subject covered on June 22 at the Russia/OPEC meeting in Vienna may be the 5-0 thrashing Russia put on Saudi Arabia in the world cup, it may not be the most contentious.
The impact of this week's market reports kicked off with the British Pound early Monday morning when their Manufacturing Production (m/m) was released at 4:30 am EDT. Although the forecast was exp
There’s plenty to think about if you’re a crude oil trader, whether you are long or short. Crude oil used to be the most volatile contract one could trade until cryptocurrencies came along.
After touching muti-month lows earlier in the week, the euro has seen a mild rebound in global forex markets over the last 24 hours.
The Brent/WTI spread is a critical part of the supply and demand chain for crude oil.
Canada is a country that is rich in natural resources. When it comes to energy, Canada produces natural gas, crude oil, crude bitumen, which are oil sands, and coal.
Gold has had a pretty good couple of days. It is up 4 of the last 5 sessions and has made back more than 50% of the big down move on May 15th after the announcement of a U.S./North Korea summit.
The Korean War began on June 25, 1950, and the armed conflict ended on July 27, 1953.
The oil rally has continued to gain steam as technical signals wage battle with geopolitical fundamentals to produce an eventful trading environment with multiple angles to interpret.
Crude oil prices have risen +18.9% in 2018 and +174% since the February 11th, 2016 swing low.
After an 11.5% move to the downside in the S&P 500 index during the first six weeks of 2016, stocks were off to the races on the
In 1973, the United Kingdom joined the European Economic Community (EEC), after French leader, Charles de Gaulle resigned from office in 1969. In 1975, under Prime minister Harold Wilson, a U.K.
President Trump announced in a televised address yesterday afternoon that the U.S. would be pulling out of the Joint Comprehensive Plan of Action, better known as the Iranian nuclear deal.
On May 4, the price of WTI crude oil climbed to its highest price since 2014 when it traded at $69.97 per barrel.
People often forget how important Venezuela used to be for OPEC. Within the 14 member cartel, Venezuela ranked sixth in production and first in proven crude oil reserves in 2016.