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Crude Lifts After Rising Oil Rig Count Trend Ends
Article By:
Tyler Durden
Sunday, August 28, 2016 12:12 PM EDT
After Yellen, Saudi-Yemen, and Fischer headlines round-tripped crude prices for the day, Baker Hughes' oil rig count was unchanged for the week at 406 (ending 8 straight weeks of rises). Crude prices are rising modestly on the news...
Tip Toppy Tuesday – Markets Make Record Highs On Record Low Volume
Article By:
Phil Davis
Tuesday, November 25, 2014 9:37 AM EDT
Yawn. We'd be a lot more impressed if all the gains for the day didn't come pre-market – in the even thinner-traded futures, followed by a day of choppy trading on anemic volume.
Gold Too Pricey Or Oil Too Cheap
Article By:
Brad Zigler
Friday, November 21, 2014 3:56 PM EDT
The price of oil and of gold are daily fodder for the financial media. Lately, minute-by-minute fluctuations in the value of the commodities have been followed breathlessly by pundits and punters, looking for either prophesy or profit.
Ceca Again Again