Category: Crude Oil

The good, bad and uncertain of BHP Billiton

The weakness in the oil market has taken its toll on shares of leading natural resources company BHP Billiton (BHP). This company’s stock downward spiral in recent months could continue as some analysts estimate oil prices could fall further to…

Gold and Silver Outlook for January 19-23

The recent announcement of SNB’s Thomas Jordan caused a lot of excitement in the markets – this includes gold and silver. Precious metals bounced back last week following this news. The ongoing recovery of gold and silver is mostly related…

Financial Market Preview for January 19-23

The big news from SNB eclipsed all other news items from last week as the Swiss franc sharply rose against leading currencies including the Euro and U.S. dollar. This news may have also provided additional backwind for commodities such as…

Oil Price Falls To A New Low

The ongoing weakness in oil market has also dragged down the price of United States Oil Fund (USO), which has fallen by 10% since the beginning of year. Is Saudi Arabia capable of further driving down the price of oil?…

Financial Market Preview for January 12 -16

The last NFP payroll report didn’t cause too many waves in the markets as it showed a 252K gain in jobs in December – inline with market expectations. Moreover, the recent minutes of the FOMC meeting also didn’t stir up…

Financial Market Preview for January 5-9

The first full week of 2015 is upon us and the markets are likely to heat up from their holiday slumber. The main news headlines from the U.S. including minutes of the recent FOMC meeting and the NF payroll report.…

Financial Market Preview for December 30-January 2

The last week of the year is likely to be another slow paced one in the financial markets. In the U.S. there are a few reports that will be released including: manufacturing PMI, pending home sales, consumer confidence, and unemployment…