Tag Archives: oil

Crude oil fell for a fourth day in a row yesterday – and settled below 50 USD/barrel – by concerns about Chinese growth (see Monday’s post) and the outcome of next week’s vote on Britain’s possible EU-exit (the campaign for the UK to leave the EU has a significant lead, a poll showed that 47% of likely voters said they will opt to leave the …

  In case you haven’t noticed, oil prices are staging a strong recovery towards 50 USD per barrel. That’s almost twice the price of February, when oil dropped to 26 USD/barrel – so be prepared for higher costs when your car needs the next fill-up. This remarkable price movement of the ‘black gold’ within a few weeks can also be seen …

If you drive from the city of Geneva along the shore of Lake Geneva, you will first pass by the UEFA-headquaters in Nyon and soon after reach a place called Lausanne.  It’s a nice swiss city with just 130’000 inhabitants, but worldwide known because Lausanne hosts the global headquaters of over 50 sport-associations from equestrian or hockey to fencing and …

Trump is more dangerous than terrorism Each month, The Economist Intelligence Unit publishes a report with top-events that could destabilize the global economy. The just released ‘April 2016’-report marks for the first time ever a potential election of an US- presidential candidate as a top global risk. Here is the complete list in order of impact and probability: China experiences …

US-producer’s message to Opec: ‘Above 40 – we are back!’ Over the last few days, the price for Brent-crude climbed regularly. On March 1st, 2016, it reached a new year-high of over 37 USD/barrel, that’s quite a rise from the January-lows of 29 USD. Could this be the beginning of a rebound of oil to price-levels from a year ago, …

Humans are creations of habits and quickly feel uncomfortable, when something – or someone – disrupts their habits. For decades, the creature of the human stock-investor could be sure that ‘falling oil’ means ‘rising stocks’. After all, we learned from dusty textbooks back at the university or private investment experience, that with cheaper oil: • Private households and companies would …

30 to 45 USD – the new reality for oil This morning, after secret negotiations in Doha – the capital of Qatar – the four oil-producers Saudi Arabia, Qatar, Russia and Venezuela agreed to freeze their output at January levels. The common goal of this agreement is, of course, to tackle the oil price, who after 19 months of declines …