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Stocks – Europe Largely Flat; Oil and Earnings in Focus

Stocks – Europe Largely Flat; Oil and Earnings in Focus

European stock markets traded largely unchanged Tuesday, with investors wary of getting too involved ahead of key central bank meetings, against a background of weak earnings from the financial and oil sectors. At 3:35 AM…

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Oil Prices Turn Negative Amid Declining Economic Activity

Oil Prices Turn Negative Amid Declining Economic Activity

It’s been 100 years since the Spanish Flu ravaged the global community. Today it’s COVID-19, the worst flu pandemic since. In 1918, governments around the world consciously suppressed information to keep WWI soldiers from becoming…

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Today’s Oil Price Drop Is Bigger Than Yesterday’s Negative Values

Today’s Oil Price Drop Is Bigger Than Yesterday’s Negative Values

Today’s oil price fall is much more important than yesterday’s negative values. The headlines on Monday, April 20 were big news, because it seemed counterintuitive that oil prices would turn negative. In truth, it simply meant that storage prices were…

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What Will Oil Autocrats Do Now To Keep Power?

What Will Oil Autocrats Do Now To Keep Power?

When most of the world’s oil producers seemed to reach a headline-grabbing production deal before the Asian markets opened for the week, the hope was that a price recovery was on hand. The oil ministry of Nigeria…

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Environmental Groups Urged To Buy Cheap Oil And Airline Stocks

Environmental Groups Urged To Buy Cheap Oil And Airline Stocks

Environmental groups should buy up cheap stocks in the sectors that cause the most climate damage, including energy and aviation, the director of a leading European research center has urged. Some environmental groups have dismissed…

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Oil slips on oversupply fears, but stocks jump on virus slowdown hopes

Oil slips on oversupply fears, but stocks jump on virus slowdown hopes

Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a slowdown in coronavirus-related deaths and new cases. In currency…

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5 charts that explain the Saudi Arabia-Russia oil price war so far

5 charts that explain the Saudi Arabia-Russia oil price war so far

Two of the world’s largest oil producers — Saudi Arabia and Russia — are set to increase production dramatically this month, after an agreement between OPEC and its allies to lower output expired at the end of March.  OPEC+ countries have teamed up to…

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Stocks This Week: Oil And Energy Stocks Are Headed Lower

Stocks This Week: Oil And Energy Stocks Are Headed Lower

My February 2 post pointed to lower oil prices. Oil fell through the month of March, seasonally the second strongest month in any year, second only to April. In the few years that oil has…

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