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 >
Crude Oil—The Big Momma Market Vulnerable to Wild Price Swings
|
Trader Tracks (07/24/2009)
"We are always watching crude oil as it is the major commodity affecting many of the others. Further, oil is a signal leader for the commodity group including precious metals. Traders are driving oil higher in the face of over-supply and falling depression demand. Why is this? We think the beginnings of inflation have entered the picture and traders are long oil for potentially bad summer weather. Funds take big oil positions and are often long or short only. Our 4th quarter oil price forecast is $80. This is repeated by some of the largest traders. Keep in mind this forecast reflects normal inflation, demand, supply and no hurricanes or Middle East violence. That stuff makes prices higher. Here is a nasty, interesting idea: Would Israel, Iran, Russia and the USA manufacture a potential war incident to spike falling oil prices? I wonder. Some analysts are forecasting $20 oil due to the depression. This kind of maneuver would pop oil much higher. We believe anything is possible as Middle Easterners are spending at the rate of $80 oil when today's price is in the mid-$60s. Believe it or not, they have budgets too and are in trouble." |
PRINT THIS PAGE
EMAIL THIS PAGE
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 >