Tag Archive: OIL

Great Graphic: Bottom Building on CRB Commodity Index?

2016-03-28

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2016-03-28

Marc Chandler shows that after the commodity currency Canadian Dollar, also the CRB Commodity index could have found a bottom. See here his Great Graphic on the CAD bottom buildung. See also the CAD resilience despite falling oil prices.

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Is the Oil Correction Over?

2016-03-14

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2016-03-14

The price of oil is seeing its biggest decline today since February 23.   The ostensible reason is that Iran once again reiterated it would only consider capping its output after it reached four million barrels a day, its pre-sanction output.  ...

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The SNB and the Russia/oil connection

2015-01-15

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2015-01-15

A quick post to collate a few side theories on the reasons, justifications and consequences of the SNB move. Simon Derrick at BNY Mellon is first to point out that the euro floor/chf celing was leaving an open door to safe haven flows from Russia by ...

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Seasonal Factors on Oil

spot crude by month subsamples
Evidence from simple tests supports perhaps some belief that crude oil tends to have strong and weak months of the year, Q4 is often the weakest quarter and Q1 and Q2 the best.

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Marc Faber: Assets are overpriced, we short metals and Brent now

2012-10-11

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2012-10-11

Gold 2003-2012
As we predicted on October 5 or one day later on DailyFX, metals have started their descent, silver lost one dollar, from levels around 35$ last week to 34$ now. Marc Faber joins our view and says that asset prices are quite vulnerable. “I’m not 100% in cash, for the simple reason that I could … Continue reading »

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