Oil price (WTI and Brent) resumed its rally during last week. WTI oil increased by 1.9%; Brent oil, by 1%. As a result, the gap of Brent oil over WTI slightly narrowed: The premium ranged between $7.16 and $8.43. Last…
Oil Outlook for February 24-28
Financial Market Forecast for February 24-28
The commodities markets continued to recover last week; in the forex market the Euro slightly appreciated against the USD. This week several reports will come out and may affect commodities, equities and forex markets; these include: EU economic outlook, U.S…
Is Liquefied Natural Gas Still a Buy?
Cheniere Energy (NYSEMKT: LNG), a future U.S liquefied natural gas exporter, kicked off 2014 on a positive note as its shares added nearly 12% to their value (up-to-date). The high expectations from the company to start exporting liquefied natural gas…
Gold And Silver | Recap for February 17-21
Gold and silver market slowly rallied again as their prices slightly increased during the previous week. The recent reports regarding the progress of U.S and China may have contributed to the slow recovery of precious metals: housing starts and building…
Is These Oil Producers’ Situation Dire?
Chevron (NYSE: CVX) and Exxon Mobil (NYSE: XOM) didn’t impress their investors following the publication of their earnings for the last quarter of 2013 and outlook for 2014. Given the decline in their stocks’ prices in the past several weeks, is…
Will These Coal Companies Recover?
Peabody Energy (NYSE:BTU) and Arch Coal (NYSE: ACI), leading coal producers, have recently released their fourth quarter earnings reports and updated their 2014 guidance. These reports didn’t impress their investors and these companies’ stocks have tumbled down in the past several weeks. Looking…