Looking at the inventory data from a trend standpoint, “it appears the stretch of steep draws in crude supply, which were offering fundamental price support to…” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
“Looking ahead though, the outlook for oil remains neutral at best right now as global growth concerns remain the single biggest headwind for…” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
“Looking ahead though, the outlook for oil remains neutral at best right now as global growth concerns remain the single biggest…” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
The seven-week stretch of falling crude supplies is the longest since the 10-week decline from the week ended Nov. 17, 2017 to Jan. 19, 2018, according to an analysis of EIA data provided Sevens Report Research. Click here to read the full MarketWatch article.
The six-week stretch of falling crude supplies is the longest since the 10-week decline from the week ended Nov. 17, 2017 to Jan. 19, 2018, according to an analysis of EIA data provided by Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
“Another draw in oil stocks, especially one larger than estimated, would be an incrementally bullish development for this currently sideways energy market,” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
“Powell has a tough job ahead of him. The market is pricing in a 97% chance of a July rate cut, and a 75% chance of one in September.” says the Seven Report’s Tom Essaye. Click here to read the full MarketWatch article.
The price action, “confirms that last week’s rally was driven by falling yields and growing dovish hopes,” rather than faith in the ongoing strength of the U.S. economy, wrote Tom Essaye. Click here to read the full article.
Tom Essaye, founder of the Sevens Report Research, partly credited expectations for further economic supportive measures from China for the market’s gains. “Chinese Vice Premier Hu called for more stimulus…” Click here to read the full article.
“The dominant trend remains bearish as U.S. oil supply is up more than 10% this year, and…” says Tyler Richey, co-editor of Sevens Report Research, told MarketWatch. Click here to read the full article.
