Wealth Creation Through Natural Resources
A variant view on oil from Ecstrat’s Emad Mostaque: With oil cap-ex essentially falling off a cliff the stage will be set for a significant supply fall-off by 2017, meanwhile demand will continue to steadily increase. This should result in oil … Continued
VANCOUVER, BC and TULSA, OK, Oct. 19, 2015 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V:JCO; OTCQX:JROOF), a growth-oriented oil and gas company engaged in the acquisition, exploration, development and production of overlooked and undervalued oil properties in the … Continued
The oil services sector (OIH) is one of the worst performing sectors in the market year to date (-13.2%). However, October has been a good month for this beaten down sector and the OIH exchange-traded fund is testing a key … Continued
Via RBC: Canada has steadily grown its position as the largest crude oil supplier to the U.S over the last few years, to an average of more than 3.1 million barrels per day. Saudi Arabia ranks a distant 2nd … Continued
Via RBC:
This tweet from @FxMacro pretty much sums up the current situation: Perhaps most notable about these four equally probable paths for monetary policy aside from the fact that additional QE is back on the table, is that it highlights the … Continued
From RBC: “The reason for the recent poor performance of commodities as an asset class is two-fold: 1) fundamentals are bearish across most of the complex (which we will leave outside the scope of this particular analysis); and 2) there … Continued
Gold has outperformed stocks (S&P 500) during 2015: While Treasury bonds (+3.15%) have easily trumped stocks (-5.19%), precious metals, and commodities (CRB -15.02%) during 2015 it is notable that gold (-4.39%) has actually outperformed stocks during a year in … Continued
Thus far Iraqi government forces and various Iran backed militias have managed to keep ISIS from capturing and/or inflicting damage on key Iraqi oil infrastructure. However, RBC points out that despite significant coalition airstrikes ISIS has not sustained material diminution … Continued
The yield on the 30-year Treasury Bond has rallied more than 35 basis points since late-August: However, there is good reason to believe there isn’t much risk of more upside in bond yields regardless of what the Federal Reserve … Continued