West Texas drillers could weaken any OPEC agreement on extending the cuts

All the Oil producing countries which have a deal with OPEC, along with Russia, can extend their deals. But at the same time this will be a green light for United States oil producers. If the price oscillates following levels between $50 and $60, these are the great news for the U.S. oil drillers. They [...]

By | 2017-05-16T17:28:17+00:00 May 16th, 2017|Financial, International, Oil Market|0 Comments

Chinese steel exports to U.S. causing national security issues?

  Steel   U.S. President is launching an investigation about whether the steel imports from foreign countries affects U.S. national interests. "Steel is critical to both our economy and our military. This is not an area where we can afford to become dependent on foreign countries." Firstly, China is the largest national producer. It makes [...]

By | 2017-04-21T10:04:28+00:00 April 21st, 2017|Financial, Governments, International|0 Comments

Wall Street losses after US drops mega-bomb on Afganistan

  Global Geopolitical risks remain front and center, following the bombing of Afghanistan. Most noteworthy, markets in Japan, South Korea and China closed lower on Friday. As geopolitical tensions in the region heightened, while other major bourses in Asia remained closed for a public holiday. In Japan, the benchmark Nikkei 225 closed down 91.21 points, [...]

By | 2017-04-15T15:06:36+00:00 April 15th, 2017|Financial, Governments, International, Oil Market, Taxes|0 Comments