OPEC's Existential Sucker Punch - Hellenic Shipping News Worldwide

You wait decades for an existential crisis, then two come along at once. At least that's how it must feel for OPEC's beleaguered ministers. In the short term the market for their oil is being eroded by rising production outside their control. Looking ...

Commodities: Quiet day for oil as possible US sanctions on Venezuela loom - London South East (registration) (blog)

(ShareCast News) - Oil markets saw little change on Monday as the market readied itself for a potential fallout between the US and Venezuela following Sunday's election, after it was labelled a "sham" by Washington. At the moment, it is unclear if or ...

Grains Stepped On - Investing.com

We jumpstart this Monday morning with Chicago Purchasing Managers Index (PMI) at 9:00 A.M., Export Inspections at 10:00 A.M. and Crop Progress at 3:00 P.M. The market is showing what is cheap can be cheaper and the evidence in this market is showing ...

Oil races back to $50 — but can it stay there? - myfox8.com

Crude oil is once again back from the dead, hitting the $50-a-barrel threshold. But is this rebound for real or just another head fake? Oil rose above $50 a barrel early Monday before retreating a bit. While the milestone was brief, it marked the first ...