“The report is weighing on optimism that the global economy would swiftly recover after being effectively closed for weeks due to…” said Tyler Richey, co-editor at Sevens Report Research, adding that the news helped gold bounce off its earlier lows. Click here to read the full article.
Despite the drop in active rigs, the EIA on Wednesday showed domestic oil production “perfectly unchanged” at 12.2 million barrels per day, “relative to the corresponding week in 2019…” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
“Despite the efforts by global oil producers to curb production in order to balance the market over the last week, the world is still facing a massive demand issue,” Tyler Richey at Sevens Report Research told MarketWatch. “Until we see consumption of refined products…” Click here to read the full article.
“Despite the efforts by global oil producers to curb production in order to balance the market over the last week, the world is still facing a massive demand issue,” Tyler Richey, co-editor at Sevens Report Research, told MarketWatch. “Until we see consumption of refined products begin to recover, resulting in…” Click here to read the full article.
There was a “follow through short-squeeze” in gold prices early Tuesday following Monday’s sharp gain, but that morning squeeze gave way to retracement “as gold became…” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
Gold futures finished lower on Tuesday, easing back after briefly climbing above $1,700 an ounce for the first time since late 2012. There was a “follow through short-squeeze” in gold prices early Tuesday following…” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
“With the global economy slowing to a standstill and consumer demand for refined products…” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
“Oil is the only market that is more volatile than stocks right now, as futures traders continue to digest the implications of the new price war…” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
Tuesday’s rebound for oil is “relatively modest” compared to Monday’s plunge, said Tyler Richey, co-editor at Sevens Report Research. “We could easily see a retracement higher in prices in the days and weeks ahead…” Click here to read the full article.
