The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
KBC Energy Economics' Weekly Oil Comment
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oilbarrel.com (01/13/2010)
"KBC says: 'The speculators are back,' adding, 'just when you thought it was safe, our old friends the speculators have reared their pretty heads once again.' The latest weekly data from the Commodity Futures Trading Commission captured in another KBC chart shows that in the run up to yearend a wave of money has moved into oil. There is no reason for this other than a belief that the medium- and long-term direction for oil is up. KBC speculates that all we are seeing is the result of lots of New Year resolutions. What shall we do with our money now that bank interest barely exists and that traditional gilts and equities are hard to call? I know, let's put it into commodities. Like all or most New Year resolutions this may not last very long. But don't count on it. You can go on forever analyzing supply and demand, recession and all. The fact is that speculation is now the main determinant of the oil price. In 2008 when the oil price was soaring George Soros said: 'No-one knows how much of the oil price is due to speculators. It could be as much as two thirds,' He was right. He said that when the oil price was US$140 a barrel. It fell to US$32 a barrel. If the price continues to rise in the next few weeks it could be tempting to think we are back in the Casino-like oil market conditions of 2008, or so says KBC. But they have been wrong before haven't they?" |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >