Tag: OPEC
-
![JP Morgan lead analyst pegs $150 price target for Brent Crude, are we in an oil markets supercycle?]()
JP Morgan lead analyst pegs $150 price target for Brent Crude, are we in an oil markets supercycle?
Oil markets are making headlines, but if you have been a reader of Equity Guru, then you were given the heads up back in late July 2023. My outlook and technical analysis play by play was given in subsequent articles and chart attack videos. Our first target has been hit, and prices are pulling back…
-
![Oil prices rise as Russia and Saudi Arabia extend production cuts]()
Oil prices rise as Russia and Saudi Arabia extend production cuts
The recent rise in oil prices might be to blame for the failure of stock markets to extend their momentum. Oil prices are rising as Summer nears an end and investors are worried that higher prices will translate to an uptick in inflation data. This means hawkish central banks… and the possibility that interest rates…
-
![Pivotal central bank week ahead!]()
Pivotal central bank week ahead!
We are now in September which is historically the worst month for stock markets. Markets are currently mixed: The Dow Jones and the S&P 500 have turned positive at time of writing and the Nasdaq is looking to join in. However, the downwards trend still remains strong. This week kicks off what is going to…
-
Oil prices take a dive, and Equity Guru tells you what it all means
As if 2020 has not been weird and unusual already, today the world experienced another unprecedented wacky event: negative oil prices. If anyone reading this is about to rush to the nearest gas station to get paid to fill up their tank, think again. I already tried that and it didn’t work. A more in-depth…
-
Monday Recap: The Tariff Man Returns
Return of the Tariff Man Thanksgiving is over, and tariff man strikes again! This time: the victim is France. The US proposed tariffs on some $2.4 billion in French products, a response to a tax on digital revenues in France that hits large American tech companies including Google, Apple, Amazon, and Facebook. “France’s digital services…
