“Oil market and the Stock market are more affected than people by Corona Virus, the CoVid19, so far” says Emad Honarparvar, CEO of OPTraders in his tweet. “The Virus which first appeared in world no.1 populated country and the leading exporter of goods and importer of crude in the world, China, now becomes a nightmare […]
Oil and Gas Stocks Are On Fire this week as the November starts in a year with too much uncertainties and challenges the Oil and Energy industry had. Crude oil prices went up where they left off last week. The U.S. oil price benchmark, WTI, was up around 2% to more than $57 a barrel. […]
by Emad Honarparvar There are several definitions and explanations for an economy bubble and the probability of a crisis coming. I’d like to refer the one I feel confident with, from the book “FINANCIAL MARKET HISTORY” by David Chambers and Elroy Dimson, published by University of Cambridge, Judge Business School. They refer to bubbles and crisis as “Booms […]
Oil price is not seeming to have peace and here is set of reasons we believe the trend continues to fluctuate to its 2018-2019 highs in 2020. Oil tanker war is not over Iranian Oil Tanker is the latest of the tanker wars, which was hit by missiles. The blasts follows a series of attacks […]
Dubai to host the 5th AMEA Bitumen and Base Oil Conference in 2020. The conference aims to bring together leading industry players from the world’s fastest growing bitumen markets in the region, says Petrosil authority, the organizer of the event. You can meet with key representatives from refineries, regional governments and bitumen end-users and take part […]
Oil costs spiked by approximately 5 percent on Thursday as the U.S. thought about a military negative mark against Iran. Late Thursday, the U.S. military seemed ready to complete such a strike, however the task was canceled ultimately. Reuters detailed that Trump may have handed-off a message to Iran through Omani middle people that he […]
A week ago’s assaults on two tankers in the Gulf of Oman have tightened up strain in the Middle East. Lloyd’s List has detailed a ten times ascend in war hazard marine rates for tankers. Iran has expanded its creation of improved uranium and says that on June 27 it will rupture as far as […]
