Oil Markets Brace As U.S. Appears To Promote 100 Million Barrels

The U.S. has saved roughly 700 million barrels of crude oil in salt caverns in Texas and Louisiana for many years.

The article first appeared on Oil-Buying and selling.co at -> http://www.oil-trading.co/crude-oil-analysis/oil-markets-brace-as-us-looks-to-sell-100-million-barrels

The SPR was established within the aftermath of the Arab oil embargo in 1973, which painfully revealed U.S. oil dependence as excessive costs drove up inflation, created gas shortages and features at fuel stations, and rocked the American economic system. The SPR was setup to stash 90 days’ price of provide into storage for safekeeping, meant for use within the occasion of a provide outage.
Many years of wear and tear and tear imply that the infrastructure is now in determined want of an improve. The DOE says Congress must cough up $375.four million to make repairs, in any other case the SPR might no
<a href='http://forex-trading.world/oil-markets-brace-as-u-s-appears-to-promote-100-million-bar

The Millionaire Who Built a Penny Stock Fortune at 27

Joshua founded Magna while still in college, from a desk at the foot of his bed. Since then, he has converted the small loan that began it all into a leading global investment firm, with hundreds of millions invested since its inception.

Joshua credits his success to his commitment to keeping an open mind and aligning himself with people whose big, bold ideas demonstrate tremendous potential. Magna’s growth comes from reinvesting profits, allowing the company to remain independent so it can continue to seek out and invest in unconventional opportunities.

As a leader, Joshua believes that when employees are encouraged to think creatively, good things happen. That’s why he promotes an open, collaborative culture, with a dual emphasis on courageous ideas and rigorous discipline in the market.

In addition to his work at Magna, Joshua is an accomplished musician. Signed to various r

Oil Prices Steady, OPEC in Focus

Oil prices steadied on Thursday as traders digested the prospects over possible OPEC action amid record high Saudi Arabia’s output.

London – Crude futures were little changed on Thursday, with the mood affected by news over Saudi Arabia’s record high output amid speculation whether the OPEC will take steps in order to boost prices.
Futures for WTI added 0.06% to trade at $46.82 per barrel, while Brent futures slipped 0.20% to $49.75 per barrel.

The market continues to speculate that the oil cartel was ready to reach an output freeze agreement with non-OPEC producers in order to boost weak oil prices, and as major producers continue to expand their production.
OPEC’s crude oil output increased by 46,000 barrels per day (bpd) to average 33.11 million bpd in July.

Saudi Arabia reported a new record high 10.67 million bpd for last month, while Iranian oil production is back to j
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Today’s Economic Calendar, important FOMC minutes should be the market!

Due to all these important events, my gut says just observe not to go to the wrong side of the things. What are your thoughts on that?

Join the conversation at http://www.oil-trading.co/oil-analysis-blog/todays-economic-calendar-important-fomc-minutes-should-be-the-market
Read more
http://grafill.us/todays-economic-calendar-important-fomc-minutes-should-be-the-market/
#Commodities, #CrudeOil, #Currencies, #EToro, #FCA, #FundManagement, #HowToInvestInStocks, #HowToInvestYourMoney, #HowToMakeAPassiveIncome, #HowToMakeMoney, #Indices, #Investment, #InvestmentPortfolio, #OilAnalysis, #OilPriceBlog, #OilPriceIndex, #SocialTrading, #StockMarket, #Stocks, #StocksAndShares, #Trading, #TradingCommodities

Market Recap for Aug 15 and 16, 2016

Indexes opened in the green and stayed there all day as the turtle like rally continues.   The S&P 500 gained 0.28% and the NASDAQ 0.56%.  TINA (There Is No Alternative) to the right of me, TINA to the left of me….
“It’s a major vacation time between now and Labor day,” said Ernie Cecilia, CIO at Bryn Mawr Trust. “The market right now is floating up on not a lot of news.” “There’s a lack of alternatives into other instruments,” he said, noting that trading volume has been low recently.
“The market should continue to go higher on the no-alternative factor,” said Peter Cardillo, chief market economist at First Standard Financial. “The market is feeding on itself.”
“The market is grinding higher thanks to better-than-expected earnings results during this season as well as due to lack of alternatives, since bond yields are so low,” said Karyn Cavanaugh, senior market strategist at

Oil Value Spike May very well be Inevitable?

The oil trade solely found about 2.7 billion barrels of recent provide in 2015, a tiny fraction of the annual common for the previous fifty years. The dismal end result was one of many worst performances from the oil trade in many years. 2016 could possibly be even worse.

The article initially appeared on Oil-Buying and selling.co right here: http://www.oil-trading.co/crude-oil-analysis/oil-price-spike-could-be-inevitable
The 2015 determine is about one tenth of the annual common courting all the best way again to 1960, in response to Wooden Mackenzie. Shockingly, 2015 noticed the least quantity of oil found in a calendar 12 months since 1947. However with the huge spending cuts extending into 2016, this 12 months the trade is on observe to find even decrease volumes. As of the top of July, the worldwide oil trade has solely reported 736 million barrels of recent oil found.

In
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The Millionaire Who Built a Penny Stock Fortune at 27

Joshua founded Magna while still in college, from a desk at the foot of his bed. Since then, he has converted the small loan that began it all into a leading global investment firm, with hundreds of millions invested since its inception.

Joshua credits his success to his commitment to keeping an open mind and aligning himself with people whose big, bold ideas demonstrate tremendous potential. Magna’s growth comes from reinvesting profits, allowing the company to remain independent so it can continue to seek out and invest in unconventional opportunities.

As a leader, Joshua believes that when employees are encouraged to think creatively, good things happen. That’s why he promotes an open, collaborative culture, with a dual emphasis on courageous ideas and rigorous discipline in the market.

In addition to his work at Magna, Joshua is an accomplished musician. Signed to various r

Oil Prices Steady, OPEC in Focus

Oil prices steadied on Thursday as traders digested the prospects over possible OPEC action amid record high Saudi Arabia’s output.

London – Crude futures were little changed on Thursday, with the mood affected by news over Saudi Arabia’s record high output amid speculation whether the OPEC will take steps in order to boost prices.
Futures for WTI added 0.06% to trade at $46.82 per barrel, while Brent futures slipped 0.20% to $49.75 per barrel.

The market continues to speculate that the oil cartel was ready to reach an output freeze agreement with non-OPEC producers in order to boost weak oil prices, and as major producers continue to expand their production.
OPEC’s crude oil output increased by 46,000 barrels per day (bpd) to average 33.11 million bpd in July.

Saudi Arabia reported a new record high 10.67 million bpd for last month, while Iranian oil production is back to j
Read more
<a href='http://r

Today’s Economic Calendar, important FOMC minutes should be the market!

Due to all these important events, my gut says just observe not to go to the wrong side of the things. What are your thoughts on that?

Join the conversation at http://www.oil-trading.co/oil-analysis-blog/todays-economic-calendar-important-fomc-minutes-should-be-the-market
Read more
http://recipesgeek.com/todays-economic-calendar-important-fomc-minutes-should-be-the-market/
#Commodities, #CrudeOil, #Currencies, #EToro, #FCA, #FundManagement, #HowToInvestInStocks, #HowToInvestYourMoney, #HowToMakeAPassiveIncome, #HowToMakeMoney, #Indices, #Investment, #InvestmentPortfolio, #OilAnalysis, #OilPriceBlog, #OilPriceIndex, #SocialTrading, #StockMarket, #Stocks, #StocksAndShares, #Trading, #TradingCommodities

Market Recap for Aug 15 and 16, 2016

Indexes opened in the green and stayed there all day as the turtle like rally continues.   The S&P 500 gained 0.28% and the NASDAQ 0.56%.  TINA (There Is No Alternative) to the right of me, TINA to the left of me….
“It’s a major vacation time between now and Labor day,” said Ernie Cecilia, CIO at Bryn Mawr Trust. “The market right now is floating up on not a lot of news.” “There’s a lack of alternatives into other instruments,” he said, noting that trading volume has been low recently.
“The market should continue to go higher on the no-alternative factor,” said Peter Cardillo, chief market economist at First Standard Financial. “The market is feeding on itself.”
“The market is grinding higher thanks to better-than-expected earnings results during this season as well as due to lack of alternatives, since bond yields are so low,” said Karyn Cavanaugh, senior market strategist at
<a href='http://recipesgeek.com/market-recap-for-aug-15-and-16-20

The Millionaire Who Built a Penny Stock Fortune at 27

Joshua founded Magna while still in college, from a desk at the foot of his bed. Since then, he has converted the small loan that began it all into a leading global investment firm, with hundreds of millions invested since its inception.

Joshua credits his success to his commitment to keeping an open mind and aligning himself with people whose big, bold ideas demonstrate tremendous potential. Magna’s growth comes from reinvesting profits, allowing the company to remain independent so it can continue to seek out and invest in unconventional opportunities.

As a leader, Joshua believes that when employees are encouraged to think creatively, good things happen. That’s why he promotes an open, collaborative culture, with a dual emphasis on courageous ideas and rigorous discipline in the market.

In addition to his work at Magna, Joshua is an accomplished musician. Signed to various r

Oil Prices Steady, OPEC in Focus

Oil prices steadied on Thursday as traders digested the prospects over possible OPEC action amid record high Saudi Arabia’s output.

London – Crude futures were little changed on Thursday, with the mood affected by news over Saudi Arabia’s record high output amid speculation whether the OPEC will take steps in order to boost prices.
Futures for WTI added 0.06% to trade at $46.82 per barrel, while Brent futures slipped 0.20% to $49.75 per barrel.

The market continues to speculate that the oil cartel was ready to reach an output freeze agreement with non-OPEC producers in order to boost weak oil prices, and as major producers continue to expand their production.
OPEC’s crude oil output increased by 46,000 barrels per day (bpd) to average 33.11 million bpd in July.

Saudi Arabia reported a new record high 10.67 million bpd for last month, while Iranian oil production is back to j
Read more
<a href='http://grafil