By Bill Holter I’d like to address the outright crash of the oil market this past week. The hope was the Saudis would cut back on production to stabilize prices somewhere in the $80+ range. This was not to be as Saudi Arabia announced no cutback whatsoever …oil then fell over 10% in one day on … Continue reading
By Jodie Gunzberg Global Head of Commodities S&P Dow Jones Indices The CBOE Volatility Index, or what many investors have come to know as VIX, is the index many follow as a volatility indicator for the stock market. The benefit besides printing the “implied” or expected volatility for prices over the next 30 days, giving a range … Continue reading
OPEC`s decision not to reduce oil production will affect major oil producers and may undermine the global oil industry, planting the seeds for a major oil crisis in 2015 or 2016, international oil economist, Dr. Mamdouh Salameh told RT. RT: How unexpected was that decision? Mamdouh Salameh: This is a very bad decision by OPEC, … Continue reading
by Christopher Gannatti, Associate Director of Research WisdomTree As we approach the end of 2014, one of the year’s biggest stories has been the declining price of oil. On June 20, 2014, Brent was at nearly $115. On November 13, 2014, it fell below $78, a cumulative decline of over 32%.1 Through November 13, 2014, … Continue reading
BRENT CRUDE FALLS MORE THAN $1 TO $82.72/BARREL, LOWEST SINCE 2010, AS ROUT EXTENDS