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Posts Tagged ‘oil demand’

Royal Dutch Shell to take $15 to $22 billion second quarter write down

It's a measure of how dire things are in the oil sector that Royal Dutch Shell (RDS-A) has announced a write down of between $15 billion and $22 billion for the second quarter. The write down is larger than the $17.5 billion write down that BP (BP) took in June or the $15 billion that […]

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Oil keeps on rallying–and takes market with it

Remember how back on April 20 West Texas Intermediate traded at a negative $40.32 a barrel on the futures market? Then the fears were that anyone who owned a forward future and who was forced to accept delivery of that oil would not be able to find a place to store it. Today the U.S. […]

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Trick or Trend: Can you imagine a worse week for oil markets?

Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Friday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. This past week was indeed truly terrible for oil. Even with a slight rebound on […]

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Forecasts of more supply, less demand send oil prices lower again

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Notes You Need for July 12: iPhone 8 bugs, oil demand, AMZN Prime Day, oil shale investment, Bank of Canada raises rates

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News You Need for February 10: Vestas, GE, MCD, oil demand forecast, rig count, iPhone 8

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Oil demand/supply news is all over the block as markets wait for Sunday’s meeting on a production freeze

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Another negative voice on oil prices in 2015 and 2016

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