In its latest monthly report, OPEC revealed it had yet again failed to produce as much oil as it agreed to produce the last time it discussed output. And it wasn’t by a few thousand barrels per day, either.
After existing home sales tumbled, new home sales were expected to follow suit amid soaring borrowing costs and ever-higher prices (despite building inventories and incentives by homebuilders). They didn’t…
If you’ve ever wondered what happens before the money flows into the pockets of passive oil and gas investors, this video is for you! Ride along with RJ Burr, President and CEO of Panther Exploration on a tour of a working oil field near Baton Rouge, Louisiana.
Even with oil prices now around $95, and commodities across the board dropping amid bearish economic prospects, a lineup of analysts still see another bull run by year’s end.
While economists expected another modest rise in inflation on a MoM basis (if far below the 1.3% surge in June), the headline US Consumer Price Inflation was expected to slow from +9.1% YoY to +8.7% YoY in July, but it actually slowed significantly more than expected to +8.5% Yoy (flat MoM), ending a 16-month streak of MoM gains.
Sure, listening to experts talk is informative … And watching experts sit on a panel and talk to each other? Enlightening! But sitting at dinner, chatting on the beach, and hanging out in the bar with both the experts and fellow investors? That’s the Investor Summit™!
Over the past two months, the oil price rally has seriously lost momentum, with prices remaining range-bound as fears intensify that the global economy could be headed for a recession.
SPECIAL PRESENTATION… Boots-on-the-Ground Market Insights: Understanding Today’s Opportunities in Oil In this special edition of Boots-on-the-Ground, The Real Estate Guys™ Co-Host Russell Gray and Bob Burr, Founder of Panther Exploration explain how you can capitalize on the current oil market … Without the volatile Wall Street casinos. In this video, you’ll discover … Where are …
Boots-on-the-Ground Market Insights: Understanding Today’s Opportunities in Oil Read More »
Oil prices climbed above $121 a barrel on Monday, hitting a two-month high as China eased COVID-19 restrictions and traders priced in expectations that the European Union will eventually reach an agreement to ban Russian oil imports.
US Macro Surprise data slumped for the 5th straight week, back into negative territory at its weakest weekly close since Nov 2021…