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Is Oil Headed For Another Low?
Tuesday, August 4, 2015 - 1:23pm | 390Read More...Oil prices made a modest recovery on Tuesday morning, but a dip on Monday gave traders reason to question whether the commodity was heading for another trough in the coming weeks. Brent crude oil and WTI have both held above $50 per barrel for the last 10 years, but with production continuing to...
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The Antiquated Ban On U.S. Oil Exports
Monday, August 3, 2015 - 11:50am | 947Read More...U.S. House Speaker John Boehner threw his support behind efforts in Congress to end the decades-old ban on crude oil exports on Thursday. The United States prohibited itself from selling oil to foreigners – with some exceptions – during the 1970s, at a time when policymakers wanted to...
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Marc Lasry Thinks Oil Company Senior Debt Is A Solid Bet
Friday, July 31, 2015 - 4:46pm | 336Read More...With the recent declines in crude oil pushing below $50 and wiping all the gains it made during the second quarter, investors and traders are confused over the potential future moves of oil prices by year end. However, according to one of the best distressed debt investors, investors do not need to...
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Market Update: Wednesday's Mid-Day Movers: U.S., Asian Markets Slow; Apple, Microsoft, Chipotle, IBM And More
Wednesday, July 22, 2015 - 2:29pm | 732Read More...Earnings week is heating up the markets; just yesterday, Apple reported positive earnings, but yet, the stock is plummeting. U.S. stocks in general are being pushed down with the most valuable company in the world – Apple Inc. (NASDAQ: AAPL). The tech giant reported earnings 38 percent...
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Halliburton Slipping On Crude's Downward Slope - Bulls Await Solid Ground
Tuesday, June 30, 2015 - 1:56pm | 490Read More...Halliburton Company (NYSE: HAL) has seen its shares back on the decline again recently after a nice period of upside action in the beginning of 2015. Clearly, the stock's performance is tied to the movements in the price of crude oil, which have been back in a bearish trajectory in the last week or...
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Should The U.S. Do Away With 40-Year Crude Oil Export Ban?
Monday, June 22, 2015 - 2:31pm | 424Read More...With the nuclear deal with Iran to be a reality soon, the oil export sanction on the country will be lifted. According to oil industry experts, this is probably the right time for the U.S. to also consider removing the 40-year-old, self-imposed ban on exporting crude oil. Hess Corp. (NYSE: HES...
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Should The U.S. Export More Oil?
Tuesday, May 26, 2015 - 1:58pm | 335Read More...Fracking has dramatically increased U.S. oil and gas reserves and significantly reduced the nation's reliance on foreign oil supplies. The practice was also responsible for a large part of the massive decline in energy prices over the past year, as the introduction of U.S. crude into the market...
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Is The Shale Oil Market Recovering?
Tuesday, May 12, 2015 - 3:59pm | 418Read More...Oil prices have taken a beating over the past year, as a global supply glut and no signs of increasing demand have weighed on the entire industry. U.S. shale oil producers were feeling the squeeze, as their margins declined significantly alongside the price of crude. However, it appears that the...
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Oil Services ETFs Soar To 4-Month Highs
Friday, May 1, 2015 - 1:57pm | 561Read More...The rebound in energy-related stocks continues to gain steam as many oil and gas equipment services companies recently touched four-month highs. After bottoming in March, the United States Oil Fund LP (ETF) (NYSE: USO) has gained more than 28 percent and challenged many bearish predictions that...
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Cheapest Gas In 4 Years Likely To Come This Fall
Friday, September 19, 2014 - 1:54pm | 566Read More...According to GasBuddy.com, Friday's morning benchmark average national price for gasoline in the United States was $3.36 per gallon. That’s almost $0.16 per gallon cheaper than the average per gallon price last year. That is just the beginning. $3 Per Gallon Gas Still Likely...
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Equities Up Despite Jobs Miss, Investors Note Jobs Added In Right Sector
Friday, September 5, 2014 - 4:43pm | 736Read More...Despite a disappointing nonfarm payroll figure, stocks pushed higher to close out a strong week. The Dow Jones Industrial Average rose 68, or 0.4 percent to close at 17,137. The S&P 500 gained 10 points, or 0.5 percent, to close at 2,008. The Nasdaq added 21 points, or 0.5 percent,...
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Equities, Commodities & Bonds Finish Lower On First Trading Day Of The Month
Tuesday, September 2, 2014 - 4:34pm | 775Read More...The S&P 500 struggled to maintain the psychological 2,000 point level amid sell offs in commodities and bonds. Volume continues to remain light despite a largely anticipated uptick in trading following Labor Day. The Dow Jones Industrial Average fell 30.9 points, or 0.18 percent, to close...
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3 Commodities You Should Watch, According to Mike Seery
Wednesday, July 16, 2014 - 7:50am | 1004Read More...In trading commodities, Mike Seery likes to keep it simple. His preference is to enter on a trade on a four-week low or a four-week high. He's also a trend-follower. “If something has hit the lowest price in the last 20 trading days, I am going to short it,” he said. “If...
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Market Wrap For June 11: Momentum Hit, Dow Suffers Triple Digit Loss
Wednesday, June 11, 2014 - 4:36pm | 2008Read More...U.S. stocks appeared to run out of momentum, at least for the time being, after the the World Bank cut its global growth outlook. Citing a bitter winter in the U.S., a weaker outlook from emerging markets such as Russia and China, the World Bank expects the global economy to grow 2.8 percent...
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Market Wrap For Monday, September 23: Markets Unmoved Despite Kenyan Terror
Monday, September 23, 2013 - 4:19pm | 721Read More...It’s rare for global headlines to have little effect on markets. However, the attack on the Westgate mall in Kenya has had virtually no effect on equities, sending the FTSE Kenyan ETF (FTSE: FNKEN2) down just 0.24 percent. Other top stories include the release of Microsoft’s Surface 2....















