Tag Archives | Oil

Market update 1st December 2016

Looking for the Santa Rally?
It’s there, it’s true and it’s for traders, not investors. The Santa Rally is defined as “the surge in stock market prices that has often occurred in the week before Christmas (positive in six of the past seven years) or the week between Christmas and the New Year (negative in four of the seven years).”

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Saudi Arabia’s misjudged gamble on oil

In 1986 the Saudis opened the spigot and sparked a four-month, 67% plunge that left the price of oil just above $10 a barrel. That led to the economic slowdown of the industrialised economies worldwide The US oil industry collapsed, triggering a quarter-century of production declines, and the Saudis regained their leading role in the […]

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