Category oil

U.S. Stocks Under Pressure- Set To Open Sharply Lower; Oil Shows Weakness Again; European Equities Set To Surge By As Much As 70 Percent?

U.S. Stocks Under Pressure- Set To Open Sharply Lower; Oil Shows Weakness Again; European Equities Set To Surge By As Much As 70 Percent? http://www.fortunascorner.wordpress.com U.S. stock futures are tanking this morning, down more than 150pts. as I write this note. Weakness in Europe and oil once again declining, are at least two of the […]

Russian Oil Output Will Dwindle Under Sanctions and Low Prices – LUKoil Executive

http://www.themoscowtimes.com/business/article/russian-oil-output-will-dwindle-under-sanctions-and-low-prices-lukoil-executive/516935.html Russian Oil Output Will Dwindle Under Sanctions and Low Prices – LUKoil Executive ReutersMar. 03 2015 18:25Last edited 20:40 Sergei Petrov / Vedomosti LUKoil co-owner Leonid Fedun said oil prices could rebound to $100 this year because of falling global output. LONDON — Russian oil output is expected to fall 8 percent in the […]

BREAKING NEWS: Venezuelan President Claims U.S. Pilot, 6 U.S. Nationals, Arrested For Espionage — Claims Pilot Was Recruiting Citizens To Stage A Coup

BREAKING NEWS: Venezuelan President Claims U.S. Pilot, 6 U.S. Nationals, Arrested For Espionage — Claims Pilot Was Recruiting Citizens To Stage A Coup http://www.fortunascorner.wordpress.com Various news outlets are reporting this morning that Venezuela has arrested a U.S. pilot that they claim was attempting to recruit citizens to stage a coup against Venezuelan President Nicolas Mudaro. […]

Top Intelligence Official: U.S. Facing ‘Unprecedented’ Array of Threats

While the POTUS and Ms. Rice/SECSTATE Kerry worry about polar bears……… Excerpt: In his remarks, Reid led the audience on a global tour of what he described as an “unprecedented” plethora of challenges facing the United States, from the rise of the Islamic State and other violent Islamist extremist groups to the Ebola epidemic in […]

Greece Gets A Reprieve; Stocks Hit New Highs; Russia Gets a Downgrade; Time To Buy Gold?; Oil Falters; Acadia BioPharma (ACAD) Surges; Ruckus Wireless (RKUS)

Greece Gets A Reprieve And Stocks Hit New Highs; Russia Gets a Downgrade; Time To Buy Gold?; Oil Falters; Acadia BioPharma (ACAD) Surges; Ruckus Wireless (RKUS) http://www.fortunascorner.wordpress.com Europe/Greece – Kick The Can Down A Dirt Road – What Happens If Greece Leaves The EuroZone? Vito Ricanelli, writing in this weekend’s Barron’s, says “Greece gave investors […]

Stocks Close On All-Time Highs; Oil Hangs In; Acadia Pharmaceuticals (ACAD) Potential Blockbuster Stock

Stocks Close On All-Time Highs; Oil Hangs In; Acadia Pharmaceuticals (ACAD) Potential Blockbuster Stock http://www.fortunascorner.wordpress.com Well, it is bitterly cold here as I write this note with the temperature around 10 degrees, and a windchill factor of -14 degrees. Stocks closed at an all-time high on Friday, headed into a three-day weekend — which usually […]

Crude Awakening? Top Oil Analyst Says ‘Worst Is Yet To Come’ For Crude

Crude Awakening? Top Oil Analyst Says ‘Worst Is Yet To Come’ For Crude http://www.fortunascorner.wordpress.com Karma Allen, writing on CNBC’s website this morning, February 11, 2015, quotes Tom Kloza, Chief Oi Analyst at Oil Price Information Service, saying the situation with the price of oil “is going to get a lot worse before it gets better.” […]