Markets

US Sets Largest Offshore Oil, Gas Lease Auction For March

The Trump administration on Feb. 16 said it would offer the largest oil and gas offshore auction in U.S. history on March 21 for areas in federal waters off the Gulf Coast, less than a year after a similar sale yielded little corporate interest. The Interior Department said it would offer 77.3 milli ...

Dollar Regains Ground Ahead of Fed Minutes

Higher US inflation fails to spark dollar revival The US dollar depreciated across the board versus major pairs despite consumer prices rising more than expected. Inflation anxiety had triggered a sell-off in global stock markets with the Fed expected to ramp up their interest rate hike path yet the ...

OPEC pops the question – will Russia say ‘I do’?

OPEC is drafting an agreement to tie Russia into a so-called “super group” of oil producers. Details on the proposal are vague and the Kremlin’s willingness to consider such a betrothal is uncertain, despite some positive vibes between Russia and OPEC kingpin Saudi Arabia at the moment. In ...

The Best Rap Video Ever Made

How about this to get your weekend started – Drake took a million dollar budget for his new music video and gave it away to people who needed it. Next level. ... ...

US Drillers Add Oil Rigs For Fourth Consecutive Week

U.S. energy companies added oil rigs for a fourth week in a row even though crude pulled back from three-year highs over the past couple of weeks as more drillers boost their 2018 spending plans. Drillers added seven oil rigs in the week to Feb. 16, bringing the total count up to 798, the highest le ...

RECENT PULLBACK IN COMMODITIES IS LIKELY TIED TO STOCK CORRECTION -- COPPER AND OIL ARE STILL IN UPTRENDS

COMMODITY PULLBACK IS TIED TO STOCKS... My January 27 message wrote about a bullish breakout in commodity prices to the highest level in two years. I took that as another sign that inflation pressures were starting to build. The weekly bars in Chart 1 show that bullish breakout taking place in the ...

Helios And Matheson Analytics (HMNY) Stock: Acquires A Larger Stake In MoviePass

Helios and Matheson Analytics Inc (NASDAQ: HMNY) is having a rough day in the market today, following up on the recent declines that we’ve seen on the stock. The declines today seem to be the result of an announcement that the company has acquired an even larger stake in MoviePass, an overwhelmin ...

Marketed: Northeast Stack Assets, Red Bluff Resources

The following information is provided by Detring Energy Advisors. All inquiries on the following listings should be directed to Detring. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions. Red Bluff Resources Operating, LLC ("Red Bluff" or "RBR") is offering for ...

Is The Fed Back To “Quantitative Easing?” - Dave Kranzler (16/02/2018)

February 16, 2018 The Fed added $11 billion to its SOMA account for the week ending yesterday. It purchased $11 billion in mortgage securities directly from banks. This injects $11 billion into the banking system. Cash is “high powered” money, meaning it can be leveraged 10x (banks need to hold ...

Gold Tries To Breakout 2018-02-15 Video

Gold is trying to breakout again. We have seen this movie multiple times. The big question is the US Dollar.  Continue reading "Gold Tries To Breakout 2018-02-15 Video" » ...