NYMEX (WTI) Light Sweet Crude Oil is the world’s most liquid and actively traded crude oil futures contract. If you think you know oil, and you fancy yourself a…
Permex Petroleum
It’s a mugs game, attempting to divine short term price moves in some of our more geopolitically sensitive commodities. Take gold for example… There’s a whole universe of traders…
Today’s markets are nearly impossible to predict. Take oil for example: The Middle East is a ticking time bomb, and production out of Venezuela, Iran and Libya is plummeting….
We just learned that the US plans to sanction nations for importing oil from Iran. AP sources: US to sanction nations for importing Iranian oil The immediate reaction when…
Permex Petroleum (OIL.CN) is in an interesting position with oil prices now on the move. In the Permian Basin, THE highest producing oilfield in the world, land prices have…
In a recent Equity.Guru offering, we asked: “Shouldn’t our reliance on fossil fuels be tapering off by now?” For some, the logical answer is “yes”, but it’s not that…
Permex Petroleum (OIL.C) is raising funds through a non-brokered private placement, fulfilling the first of its three priorities in 2019. Before diving into the technical details of this PP, a word…
Out of the oil “disaster” of 2018, one junior oil company has found opportunity. Permex Petroleum (OIL.C) says it took advantage of the tough year by making aggressive moves…
OPEC is cutting oil production. OPEC and some non-OPEC partners—the most important of those being Russia—have agreed to cut oil production by 1.2 million barrels per day as of…
The volatility in oil continues. ‘Manic’ might best characterize trading in recent sessions In a previous offering, we suggested that the $50 level, aside from being a nice round…