Category: Price Of Oil

Will Hurricane Harvey Send Oil Prices Higher?

http://www.elliottwave.com/Investor-Research/Financial-Forecast-Service?tcn=ytv1703 Many energy market observers expected Hurricane Harvey’s disruption of U.S. oil refining around the Texas Gulf Coast to send oil prices higher. But you might be surprised at what happened in the aftermath of an even more powerful Hurricane Katrina. Take a look at this chart. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24

[ Art Berman ] — 2017 Outlook for Oil price

Erik Townsend welcomes Art Berman to MacroVoices. Erik and Art discuss: — Catalyst for the current decline in oil — Lack of confidence in OPEC — Record levels of oil inventories — Comparative inventories to past years — World production surplus — Global liquids consumption growth — OECD incremental liquids Inventory — EIA U.S. crude