Oil vs. Interest Rates
From Ticker Sense Some of our readers have asked us if there is any relationship between the price of oil and short term interest rates. Namely, do declines in the price of oil foreshadow…
From Ticker Sense Some of our readers have asked us if there is any relationship between the price of oil and short term interest rates. Namely, do declines in the price of oil foreshadow…
Earnings estimates raised on AngloGold (AU), Newmont Mining (NEM), Paraxel (PRXL), Affiliated Managers (AMG), Unisys (UIS), Air Products (APD), Praxair (PX), Ethan Allen (ETH), ConocoPhillips (COP), Tidewater (TDW), AllianceBernstein (AB), Radian (RDN), Cubist Pharma…
ConocoPhillips (COP) reported earnings of $3.2 billion down from $3.68 billion in the same quarter a year ago. Revenue fell sharply from $51.3 billion to $41.5 billion. But, oil did spike to $55 a…
From Ticker Sense Yesterday after the close, we posted that crude oil may be due for a bounce off of the bottom of its trendline: Coincidentally, word crossed the wires today that President Bush…
Cramer came out on CNBC’s STOP TRADING segment discussing the ethanol and alternative energy names that have been running up yesterday and today ahead of Bush’s State of the Union tonight. Cramer said he’d…
By Chad Brand of The Peridot Capitalist With warm weather and worries over a slowing economy globally, crude oil has been under extreme pressure in recent weeks. While such a dramatic turn of events…
From Ticker Sense Crude Oil is currently in a nasty bear market, but from the looks of its price chart, it may be due for a bounce off of the bottom of its trendline. …
Main Stock Tickers: OIH, SLB Cramer also said on tonight’s MAD MONEY that oil service stocks have made the turn for the better. By reviewing Oil Service HOLDRS (OIH) you can see the sector…
Wall St. players who think oil is headed back to $70 are running out of arguments. Recently, T. Boone Pickens, who made a fortune on rising oil last year, repeated that oil is heading…
By Vitaliy Katsenelson T. Boone Pickens knows oil better than most people out there, definitely better than me. However, his calling into CNBC seemed like a desperate attempt to influence oil prices. I’m not…
Cramer said on MAD MONEY that oil service names are acting horribly and acting like oil is heading much much lower. He interviewed Global SantaFe (GSF), and the CEO said this is unusual, particularly…
James Baker, the former US Secretary of State has been busy writing recently. He was involved in the Iraq report, written for the President. And, in just the last two days, he handed British…
Stock Tickers: BP, RDS.A, XOM, COP, CVX, PTR, TOT, SNP John Browne, the CEO of British Petroleum, or BP Plc, (BP-NYSE/ADR) has announced that he would be retiring at the end of June and…
OPEC has had enough of falling oil prices as reserves rise and non-OPEC members open the spigots to counties like the US and China. Oil at $52 is going to break OPEC rice bowl.…
Legacy Reserves LP (LGCY-NASDAQ) priced as the first IPO of 2007. Its IPO of 6,000,000 units representing limited partner interests priced at $19.00 per unit, in the bottom half of the indicated $18.50 to…