Another attack on Middle East oil infrastructure today, Tuesday
This time it's not an attack on oil tankers in the Persian Gulf but a reported drone attack on two pumping stations in Saudi Arabia that push oil through the East-West pipeline to the Red Sea port of Yanbu. The attack set off a fire that caused limited damage to one...
U.S. oil rig count falls again, leading to slight gain for oil prices
Today the weekly Baker Hughes report on the number of working oil and natural gas rigs in the United States showed a total drop of 10 rigs to 1012 with 8 fewer oil rigs in operation and 2 fewer natural gas rigs.This is the seventh weekly decline in working rigs in the last nine weeks.
Saudis target U.S. for export cuts–the point seems to be reducing market information on stockpiles
Saudi Arabia has told U.S. refiners to expect far lower oil shipments beginning in January. The reduction seems to be targeted not at reducing global stockpiles but at reducing the visibility of those stocks piles. The United States reports the size of oil stock piles...
Oil markets today, Monday, suffered from massive uncertainty
Monday was quite a day on the oil markets as contrary stories battled for control of prices. U.S. benchmark West Texas Intermediate traded at $56.41 a barrel at 8:30 a.m.. By 10:02 it was in the red at $55.31. Then it moved back into the black at $56.51 at 11:10 a.m....
Ho hum, another drop in U.S. oil inventories
Remember last week when oil prices didn't move much even after the U.S. Energy Information Administration reported a surprise 5.8 million barrel build in U.S. oil inventories--when oil analysts were expecting a drop in inventories? At the time I suggested it was...
Notes You Need for February 22: oil inventories, MIC, U.S. dollar, Treasury auction, AMZN, PRGO, net neutrality
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A typical post resembles this one from today: “1:40 p.m.: Amazon (AMZN) has launched its own Basic Care line of more than 60 over-the-counter health products. The products are produced by Perrigo )PRGO), a private-label healthcare manufacturer, for Amazon. Perrigo reports earnings on February 27. “
Notes You Need for December 28: Opioid deaths, natural gas, oil inventories, initial claims, dollar
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A typical post looks much like this entry from today: “10:20 a.m.: Cook County, the county that includes Chicago, has announced a lawsuit against makers of prescription opioid painkillers such as OxyContin and Percocet. The lawsuit cites the companies’ “coordinated, sophisticated, and highly deceptive marketing.” Cook County has seen a 70% increase in opioid-related deaths between 2015 and 2016.”
Notes You Need for November 15: Apple and NFLX rumors, oil inventories, Obamacare enrollment, BA, WMT, Republican Senator opposes tax bill
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. Items in this miniblog include posts like this today: “CNBC discusses comments from analysts who are speculating that Apple (AAPL) might introduce video streaming service to compete with Netflix (NFLX). Apple opened lower this morning to close last week’s bullish gap along the 168.50 area.”
Notes You Need for November 9: SBUX, oil inventories, LUX, government funding deadline, gold demand
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. Posts include items like this one from today: “11:40 a.m.: Just a reminder in the midst of all the chaos over the tax bill: The deal to continue funding the federal government expires on December 8. Without a new deal (most probably another temporary extension of funding authority) the government will have to close down after that date. (The deal to suspend the debt ceiling expires on that same date but Treasury Secretary Steven Mnuchin says “extraordinary measures” will enable the Treasury to keep paying the government’s bills through the end of January.)”
Notes You Need for August 9: Oil inventories, U.S. productivity, Fed balance sheet, North Korea, gold, MCD China
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Notes You Need for June 21: Dollar, euro, wearables, Acadia, oil inventories
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Download Jim’s eBook for Free
