Posts

A “fear bid” from traders was pushing oil prices higher

A “fear bid” from traders was pushing oil prices higher: Tom Essaye Quoted in Morningstar


Oil prices rise as Israeli strikes against Yemen’s Houthis triggers ‘fear bid’

Tom Essaye, founder and president of Sevens Report Research, said a “fear bid” from traders was pushing oil prices higher.

Also, click here to view the full MarketWatch article published in Morningstar on December 27th, 2024. However, to see the Sevens Report’s full comments on the current market environment sign up here.

Oil Inventories


If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

To strengthen your market knowledge take a free trial of The Sevens Report.


Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.