crudeoilinventories
Crude oil inventories turned positive for the second week in a row. Was that the only reason for the recent plunge of black gold? Q2 2021 hedge fund letters, conferences and more Fundamental AnalysisThe larger-than-expected rise in crude reserves in the US weighed down oil prices on Wednesday. During the week ending on Oct. 1, crude inventories totalled about 2.35 million barrels according to the Energy Information Administration (EIA), while a number of analysts polled by Bloomberg expected no more than one million barrels. The additional increase signals that the production capacities which ...
ValueWalk
Commenting on investors betting on more fiscal stimulus from the Biden administration and today’s trading, Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more Indices Hit New Highs As Investors Bet On More Stimulus From The Biden AdministrationThe major indices are all trading in the green at midday following an active and slightly chaotic morning session. The Democratic party will likely take control of the Senate, completing the sweep in the wake of yesterday’s runoff elections, and the slightly surprising outcome caused major waves on Wall Street. Des...
ValueWalk
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