Low oil prices have created winners and losers, with some caught in between.
As I watched a CBS 60 Minutes piece this week focused on the economic stress in west Texas I was reminded of a similar scene 20 years ago when I lived in Dallas. Oil was approaching $10 a barrel and the Economist went out on a limb suggesting $5 was near. Eventually recanting, the Economist was … Continue reading Could “the end” be near?
Oil prices are at decade lows but no one seems too optimistic. Now is the time to prepare for the turn. Click here for Precision timing
Man versus Machine Chris Thorpe explores whether human traders have a chance against modern computer technology algorithms.
Upside Down Read the latest CTA Financial piece recently published in Bunkerspot magazine.
What is more risky, bad management or markets? Read more here: Risky business
Can we really know where oil prices will go next? Too many factors can influence the outcome and often the madness of crowds drives the market beyond reason. We do know that markets will drive prices beyond where they "should" be. All you can do is prepare yourself. Read more here,oilpricesmadness
Being competitive in commodities is about being the low cost player or at least among the lowest quartile players. Eventually, prices will fall (whether due to supply this time or demand in 2008) and you better be the lowest cost or else you may be cash flow negative or worse yet, out of business. In … Continue reading Oil producers’ costs create floor