By Ashraf Laidi This headline-charged first week of May has been dominated by the announced death of Osama Bin Laden, a historic 5-cent retreat in the euro and the greatest weekly decline in silver. But the week could have...
Read MoreBy Bob van der Valk This year’s Cinco de Mayo Mexican holiday may go down in US oil trading history as the day the oil prices spun down into their biggest free fall. Oil traders have already started calling it:...
Read MoreBy EconMatters WTI (West Texas Intermediate) Crude Oil futures traded at its lowest in almost two months in New York on Thursday, May 5 in its biggest selloff in two years, plunging 8.6% on the day to below the $100...
Read MoreBy Bob van der Valk The oil market turned around this week and spot market gasoline and diesel prices in turn went back down the week of May 1, 2011. This goes against the grain of what usually happens when American...
Read MoreBy EconMatters (A Seeking Alpha exclusive) It is inevitable that there will be a sizable and significant correction in these three markets over the next six months, given the ending of the QE2 initiative in June and no imminent...
Read MoreBy EconMatters I was fully expecting a non-eventful Sunday afternoon when out of no where, precious metals started their contest of vertical drop, as shown...
Read MoreBy Dr. Mark J. Perry ExxonMobil reported its first quarter 2011 earnings on April 28, which came in at $10.65 billion, an increase of 69% from the same quarter last year when it earned $6.3 billion. While the huge earnings...
Read MoreBy: Andrew_Butter If you drive out on the highway towards Abu Dhabi past the Jebel Ali Free Zone, look on the right and you will see, partly covered in sand, the remnants of the billboards that used to declare, “Where the...
Read MoreBy James Zhang Since the beginning of this year, WTI and Brent have diverged significantly on the back of storage concerns at Cushing, the WTI delivery point. Year-to-date, front-month Brent has gained over 20%, while...
Read MoreBy Michael Tarsala Kimberly Clark (KMB) missing earnings on higher costs this week is not the ‘AHA!’ inflation evidence that will bring down consumer stocks. Unless the developed world switches to one-ply toilet...
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