Oil

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Free fall of Brent, how long?

By | 2018-11-27T14:41:12+00:00 November 27th, 2018|Categories: Featured, M·Blog, Oil|Tags: , , |

In less than 2 months we have seen the price of a oil barrel falling by more than 32%, suffering its biggest drop since the raw materials crisis in 2015. Is this drop justified? Energy long-term investors are suffering a difficult period lately, since market experts have been talking for several months about an oil price [...]

OIL, POSSIBLE BEARISH TREND?

By | 2018-10-16T09:41:04+00:00 October 16th, 2018|Categories: Featured, M·Blog, Oil|Tags: , , |

More than 20 dollars of difference have come to be between the maximum value of the Brent quoted this year and the price of crude at the beginning of 2018. A totally bullish trend that brought oil to the brink of 90 $USD/bbl just two weeks ago. Reasons for its justification have not been lacking: a [...]

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THE VENEZUELAN DECLINE

By | 2018-06-12T15:34:03+00:00 April 17th, 2018|Categories: Featured, M·Blog, Oil|Tags: , , , , |

Talking about Venezuela is tantamount of talking about oil. This country, almost twice the size of Spain, has the largest amount of (heavy) crude oil reserves in the world, which grew strongly since 2011. It may be unfair and/or paradoxical that all this underground wealth is present at the worst time for the country, which is [...]

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US Crude Export: The job is not done yet

By | 2018-06-12T15:34:05+00:00 January 10th, 2018|Categories: Energy Markets, M·Blog, Oil|Tags: , , , , |

The strong and consistent rally in crude prices that took place between the end of June and early December, does not seem to be over yet. Oil market has shifted considerably over the last few weeks. Brent is trading above $66 per barrel. Investors are sitting on record bullish positions in Brent futures and options and [...]

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Dollar and oil: towards a new positive correlation?

By | 2017-09-20T12:37:09+00:00 September 6th, 2017|Categories: M·Blog, Oil|Tags: , , , |

BACKGROUND Traditionally, the relationship between the value of the U.S dollar and the price of commodities, including oil, behaves inversely or negatively. That is, when the US currency is appreciated relative to other major currencies such as the euro, yen or pound, the price of commodities tends to fall, whereas, if there is a devaluation, the [...]

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Oil Prices: how much can we rely on Russia?

By | 2017-05-04T10:15:34+00:00 March 22nd, 2017|Categories: M·Blog, Oil|Tags: , , , , |

It is well known that the Russian economy is heavily dependent on its hydrocarbon industry, as shown from many economic indicators so deeply bonded to oil prices. As a result, the fall in the price of crude since late 2014 had significant consequences on Russia both from an economic and a political perspective. What is interesting [...]

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