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Oil Will Be Over $50 a Barrel by July 4th (Video)

Oil Will Be Over $50 a Barrel by July 4th (Video)

By EconMatters

A strong API Report reporting over a 4 million barrel drawdown in Oil inventories, and a report out of Kuwait saying that an output freeze deal by major oil producers would proceed without Iran will be bullish for the oil market. We expect the short covering to begin tonight, tomorrow and for the next 8 days before the Doha Meeting.

https://www.youtube.com/watch?v=mOcBqMlIy-s

Three Snowstorms to Hit Northeast - Heating Oil Prices to Spike (Video)

Three Snowstorms to Hit Northeast - Heating Oil Prices to Spike (Video)

By EconMatters

Winter is blasting the Northeast in April. Three snowstorms back to back to hit the Northeast, it appears winter is lasting longer than usual for this part of the country. Natural gas futures have spiked, HO Futures haven`t moved much yet.

https://www.youtube.com/watch?v=TM6LnQRzOJI

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