Oil News: Saudi Oil Giant Going Public?
Rumors are circling about a potential IPO of Saudi oil giant, Aramco. Such a move will certainly have global repercussions.
Rumors are circling about a potential IPO of Saudi oil giant, Aramco. Such a move will certainly have global repercussions.
Gold ETF, Physical Gold, Silver and Oil from December 20th, 2015 until January 20th, 2016 based on “I Know First” stock forecast algorithm
In the 7 day Oil Forecast from November 30th the I Know First algorithm correctly predicted that both Brent Crude Oil and NYMEX Crude Oil would decrease in the predicted time horizon. Crude oil prices are now approaching seven-year lows.
The Federal Reserve signaled the possibility of more monetary stimulus, boosting bullion’s appeal as a hedge against possible inflation, in turn resulting in Gold futures rising for the first time this week.
Following the landmark nuclear deal that was agreed upon last week, West Texas Intermediate (WTI) crude oil reached its lowest point in three months.