Brent below $90 brings with it a despondent stock market globally on abysmal production and services data for June across China, Europe and even USA. However, with OPEC keeping up high production levels and Oil likely to go below $75,…
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Blog Archives
Global moves: Oil revives global economics, India leads, Asia follows (Draft)
Tagged with: Asia, BRIC, china, Goldman Sachs, India, Middle East, Oil Prices, OPEC, United States, West Texas Intermediate
Posted in Amitonomics, Emerging Markets, Financial Markets, Financial Services, Global, India, India Infrastructure
Posted in Amitonomics, Emerging Markets, Financial Markets, Financial Services, Global, India, India Infrastructure
US Economy: Free fall in Oil prices to continue, even as offtake rises, to what avail
At the same time Tuesday for now 13 weeks from the end of February when the last of the risk on assets proved growth, Oil inventories had been rising and despite their utilisation going up since earlier this week, record…
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Tagged with: April, Brent, Goldman Sachs, Gross domestic product, May, Oil Prices, OPEC, Price of petroleum, Spain, West Texas Intermediate
Posted in Amitonomics, Banking, European Sovereign Debt crisis, US
Posted in Amitonomics, Banking, European Sovereign Debt crisis, US
US Economy: No QE but Oil’s finally moving to retail
Retail inventories finally moved into higher gear for Oil and distillates for the first time after March with utilization at refineries up to 91% for the week, up 8% from the last data. Gasoline inventories rose 3.3 M barrels, Distillates…
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Tagged with: Brent Crude, Distillation, Economic Data, European Central Bank, European Union, Oil Prices, Scott Walker, Spain, Weltschmerz
Posted in Amitonomics, Bailout Nation, US
Posted in Amitonomics, Bailout Nation, US
| INDU | 0.00 | ||
| NASDAQ | 3498.965 | ||
| S&P 500 | 1649.60 | ||
| AMZN | 261.74 | ||
| AAPL | 445.15 | ||
| GS | 158.72 | ||
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| KO | 42.24 | ||
| DIS | 65.49 | ||
| DB | 45.50 | ||
| HBC | 55.35 | ||
| GOOG | 873.32 | ||
| INTC | 23.923 |
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