Markets take another dive. Falling oil prices are getting the blame, but aren’t they reacting to the same poor data that equities are seeing? Read more in the Energy OverView.
Energy OverView January 19, 2016
US markets fully re-open and are on the rebound as market dodges bullet from China. GDP was not even worse than expected.
Energy OverView January 15, 2016
Iran oil exports are set to surge by over 20% this month versus December, adding to the global glut woes, cratering oil prices below $30 in the process.
Energy OverView January 14, 2016
A temporary lift for oil prices, as the market assesses all the bad news that has hit it this week.
Energy OverView January 13, 2016
Gasoline inventories surge higher, setting up market for prices to crater. Good news for drivers, even in California.
Energy OverView January 12, 2016
Kilduff OP-ED – Time to Bailout the Oil Industry
This post originally appeared on CNBC.com. In it, we argue for an oil industry bailout, to preserve the valuable resources that have been developed to preserve the U.S.’s strong energy position versus Russia, OPEC, and others.
Energy OverView January 11, 2016
Chinese equity markets sell-off over 5% again, but only crude oil is following along. US and European equities are posting gains, trying to separate from the Asian contagion.