Title : WTI May Open Above $50 -- And Trend Higher -- September 10, 2017
link : WTI May Open Above $50 -- And Trend Higher -- September 10, 2017
WTI May Open Above $50 -- And Trend Higher -- September 10, 2017
Active rigs:| $50.35↑ | 9/19/2017 | 09/19/2016 | 09/19/2015 | 09/19/2014 | 09/19/2013 |
|---|---|---|---|---|---|
| Active Rigs | 56 | 32 | 67 | 196 | 182 |
RBN Energy: possible scenarios for the 2017- 18 natural gas market withdrawal season.
WTI: $50 and trending higher. OPEC sticks to cuts. A weaker dollar also helps.
Boom! World's biggest wealth fund hits $1 trillion. Quick! Without looking, what country. Spoiler alert: Norway. Norway's sovereign wealth fund hit $1 trillion for the first time Tuesday (today), driven higher by climbing stock markets and a weaker US dollar.
The fund’s sheer size has made it a challenge to find markets big enough to invest in. Meanwhile, Norway’s politicians are finding it hard to resist the temptation to raid the world’s biggest state piggy bank, with the petro-dollar addiction threatening to overheat the $400 billion economy.Unwind: markets concerned that the Fed's unwinding could hurt the market. Perhaps Norway will soak up what the Fed unwinds.
Mideast deal: Russia's Rosneft clinches gas pipeline deal with Iraq's Kurdistan.
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