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Saturday, 24 February 13:26 (GMT -05:00)



Stock and commodities markets

Is crude oil really expensive today?


Oil expert Sergei Shelin decided to share with us his thoughts on the processes currently going on in the global oil market. In particular he thinks that crude oil has been struggling to consolidate around 70 dollars per barrel but the thing is that even the world's biggest oil producers and exporters don't believe in high oil prices in the future.


Publication date: 01 February 10:38 AM

OPEC Says Shale Oil Shows Unprecedented Pricing Flexibility

The U.S. shale oil revolution has already proved to the world’s major oil producers that it is worth counting with. This obvious fact was recently recognized by OPEC Secretary General Abdalla Salem El-Badri. He says that American companies engaged in producing shale oil are capable to boost their production under any circumstances. With that being said, if that’s the case, they are going to be able to cover any oil export deficit should it occur as the result of shrinking oil production by other exporters out there. This means that the USA may become the nation preventing oil prices from recovering even if OPEC and other exporters start reducing their production to reduce the oversupply and make the prices recover.

Publication date: 03 March 01:49 PM

Iran Isn’t Going to Freeze Oil Production

The Iranian government claims that they don’t find it logical to curb their oil production, which is why they are not going to to join the agreement that was reached a couple of weeks ago between Russian and several OPEC members. More specifically, some Iranian officials say that many OPEC members boosted their oil production while Iran was under Western sanctions. Now, when the sanctions are canceled, Iran is also going to catch up with OPEC fellows.

Publication date: 03 March 07:24 AM

Apple Delays iPhone SE Announcement

For those of you who don’t now, Apple used to be planning to hold a spring event to introduce some of its new mobile devices, including iPhone SE and a 9,7-inch iPad Pro. Well, the event is still going to take place in March. However, this time it is going to be March 21st instead of March 15th. Two respected online sources at a time reported the delay. These are Re/code and Buzzfeed.
 
Publication date: 29 February 07:19 AM

8 Factors Pressing Oil Prices

As you probably know, oil prices have been going down for more than 18 months. The international expert community keeps on pondering on the reasons why this is happening. Back in early 2014, crude oil cost $110 per barrel. Today, the prices is moving up and down close to $30 per barrel. Today, we are going to take a closer look at the key reasons why crude oil is still losing its value.

Publication date: 28 February 02:26 PM

Shareholder IC: Anyone Can Capitalize On Industrial Investments

Investment has always been in the vanguard of any economy at all times. Today is no exception. On the contrary, investment is getting more and more popular worldwide these days with both firms and plain folks. The thing is that today you can find a whole bunch of really promising investment opportunities generating substantial yields, which by far outpace those generated by bank deposits seen as conventional investments by most people out there.


Publication date: 25 February 06:08 AM

Philips Enters OLED TV Market

Philips representatives have revealed the company’s plans for the near future, including the intention to enter the OLED market. For those of you who don’t know, the Hi-Tech News Department of Market Leader reports that for now LG and Panasonic are the key players promoting OLED TV. It is interesting to note that Panasonic makes use of LG’s technology and complements it with its own electronics to expand the functionality.
Publication date: 23 February 02:49 AM

ZTE Officially Introduces Blade V7 and V7 Lite

During the latest mobile expo named MWC 2016, Chinese mobile vendor ZTE introduced a couple of new mobile devices, including 2 smartphones of the Blade series - Blade V7 and V7 Lite.
 
Publication date: 23 February 02:34 AM

Morgan Stanley Predicts Oil Prices No Higher Than $30/b Until 2017

Morgan Stanley experts assume that despite the overall expectations of higher oil prices this year – the average price is expected to be somewhere in the range between 40 and 60 dollars per barrel – the price of crude oil is not actually going to advance much higher than $30/b. Moreover, the prices may even fall deeper down to new major lows.

Publication date: 13 February 04:05 AM

WTI Oil Drops Below $27.50/b

Yesterday, the oil downtrend accelerated. For instance, WTI oil broke below $27,50 per barrel. The instant and sharp decline in the market of crude oil followed a slight recovery seen earlier on the trading day. It looks somewhat strange given the fact that the recent U.S. oil inventories report seems to be favoring oil prices and backing their recovery. The thing is that the inventories shrank despite expectations of growth.

Publication date: 11 February 03:25 AM

S&P Downgrades Brent Oil Forecast

At this point, oil prices are trying to find the balance while going up and down in a pretty wide range. Even though the price is now recovering, some of the international expert community, including S&P experts, don’t believe that oil prices are going to start a major bull run in the near future.

Publication date: 10 February 01:48 AM
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