August 9, 2019/OilPrice.com While a promise from Saudi Arabia to keep oil exports below 7 million bpd has given oil markets some hope, overall sentiment appears to be very bearish. Friday, August 9th, 2019 The main news today comes from the IEA, which called global oil demand “fragile” amid signs […]

Culled—Proshare 8/8/2019 By CSL Research According to data released by the S&P Global Platts Survey, OPEC, world biggest oil cartel, pumped its fewest barrels of crude oil in over 5 years (Apr 2014 – 29.70mb/d). OPEC oil output slumped by 210,000 b/d to 29.88mb/d in the month of July from […]

August 8, 2019/IMFBlog By Emanuel Kopp, Daniel Leigh, and Suchanan Tambunlertchai US business investment has been on the rise. Since the passage of the Tax Cuts and Jobs Act at the end of 2017, US businesses have bought more machinery, developed software, and created new intellectual property. Some believe that […]