Results tagged “OPEC” from Dealbreaker
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OPanEC
Dec 19, 2008, 9:23am
Posted by Equity Private
(Note: This is the ETN, not the per-barrel price)....
Black Gold, Texas Tea
Dec 17, 2008, 9:18am
Posted by Equity Private
It is no secret that one of the things holding what remains of the economy together is low oil prices. That's more than somewhat recursive, of course, since its the anticipated slack demand brought on by global recession (or fear...
Wishful Thinking?
Dec 15, 2008, 1:21pm
Posted by Equity Private
OPEC has announced not only that it is planning rather drastic production cuts, but also that it expects Russia to help. One more cause for us to start snickering to ourselves in the office, drawing concerned gazes from our colleagues...
No, Seriously, It's, Like, Totally An Emergency Now
Nov 13, 2008, 3:09pm
Posted by Equity Private
Goldman Sachs wasn't the only group surprised by the sudden bursting of the Oil BubbleTM. OPEC is going batshit, and we don't mean that in a good way. The problem at this point, as is usually the case with supply...
Sandbox (Again)
Nov 06, 2008, 3:52pm
Posted by Equity Private
Dear OPEC: Panic. Most Sincerely, United States, China, Europe Oil Falls to 19-Month Low on Concern Slump Is Hurting Demand [Bloomberg]...
OPanEC
Oct 28, 2008, 9:23am
Posted by Equity Private
Couldn't have happened to a nicer bunch of guys. OPEC's credibility being about as valuable as Managing Director in a dataroom, their "dramatic announcement" of production cuts after an "emergency meeting" earlier resulted in bored yawning from markets. This has...
