Tag - oil

2020: the new forecasts
2020: the new forecasts

The coronavirus has changed everything. When analysts gave forecasts for 2020 at the end of last year, no one could foresee that the whole world would be seized by the pandemic.

May 18: WTI oil is above $30
May 18: WTI oil is above $30

The week started with a poor data from Japan. Stocks rally, WTI oil price is above $30, gold is headed to 1800.

WTI: the moment of truth
WTI: the moment of truth

WTI oil price is following an ascending curve. However, there are reasons for the consolidation. What are they?

SAUDI ARAMCO: temporary balance
SAUDI ARAMCO: temporary balance

The stock price of the Saudi oil company has stabilized at $31 per share, just as WTI has done the same at $25. How long will that last?

How long will oil be down?
How long will oil be down?

Oil is the subject of heated debates these days as nobody really knows what to do with the “humiliated” asset.

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