Tag: crude-oil market
$100 Oil In 2019?
The stock market is a dangerous place to be right now. Watching VIX spiked from 17 to 50+ then crashing back to 30 within two days can certainly cause a cardiac arrest or two. What’s even worse is that investors took this little dip as a buying opportunity throwing more good money at this deformed […]
Impact Of Hurricane Harvey On Oil And Gasoline
Over the past several days, thousands of people have been displaced since Hurricane Harvey made its initial landfall in eastern Texas. The images shown documenting its impact, especially in the areas hit with the heaviest devastation, have been saddening to say the very least. As the storm continues to run its course, our thoughts are […]
Time Is Up For This Oil Price Rally
Last week, crude oil rallied the most so far this year, gaining more than 8 percent, or $4 per barrel. Oil traders are much more optimistic than they were just a month ago, and the market is on the upswing. However, the rally could run out of steam in the not-so-distant future, a familiar result […]
