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JPM: Taper tantrum in oil is unnecessary
Investing.com via Yahoo Finance· 1 week agoJPMorgan strategists dismissed concerns about the so-called "taper tantrum" in the oil market, asserting that fears are “unnecessary.” The initial alarm in the market was triggered by OPEC+’ ...
Oil down 1% as OPEC sprinkles doubt on its own bullish narrative of oil
Investing.com via Yahoo Finance· 1 year agoOil and water do not mix, just like how common sense and bullish hype driven by OPEC don’t. In a report released on Thursday, OPEC flagged downside risks to summer oil demand as part of the ...
Hope and Challenges Await Q2 Trading
Zacks via Yahoo Finance· 1 year agoMonday, April 3rd, 2023 We enter a new quarter of trading with something of a bounce in our step: Q1 closed in the green across all major indices, from...
Oil’s ‘bleeding’ staunched after 3 days; no sign yet of major rebound
Investing.com via Yahoo Finance· 1 year agoThe “bleeding” in oil seems to have stopped after three days, with crude prices hitting lows not seen since 2021. New York-traded West Texas Intermediate, or WTI, crude settled Wednesday’s trade ...
Energy & precious metals - weekly review and outlook
Investing.com via Yahoo Finance· 2 years agoWhen you hear it from Jim Cramer, you know enough people are talking about it. From oil-producing nations to day traders who are long crude, expectations are growing by the day for prices to ...