|
Oil headed for a loss this week amid fears that China’s coronavirus will erode fuel demand just as markets struggle with a fragile world economy and adequate supplies. WTI Crude is $55.34; Brent is $61.69.  Source: Bloomberg.com - By: Saket Sundria and Grant Smith - Image: Simon Dawson
0 Comments
Mexico is playing a risky game of hide-and-seek with the oil market. Options give Mexico the right to sell oil at the predetermined price, so if the actual market price is lower, the options payout and make up the difference - acting effectively as an insurance policy. WTI Crude is $55.78; Brent is $62.26.  Source: Reuters.com - By: Stefanie Eschenbacher, Devika Krishna Kumar - Image: Jose Lois Gonzalez The Libyan pipeline blockade is having a muted impact on sentiment, and market-makers are also focusing on the emergence from China of the coronavirus and the possible implications a pandemic might have on global economic growth. WTI Crude is $58.03; Brent is $64.24.  Source: Reuters.com - By: Noah Browning - Image: Christian Hartmann Libyan ports have been closed on the order of militia leader Khalifa Haftar while he haggles over a settlement with the national government. Yet crude markets remain calm because “the world is awash with oil, mainly coming from the United States." WTI Crude is $57.79; Brent is $64.22.  Source: Bloomberg.com - By: Saket Sundria and Grant Smith - Image: Bloomberg China's economy, the world’s second-largest, grew by 6.1% in 2019, its slowest expansion in 29 years, government data showed on Friday. WTI Crude is $58.81; Brent is $64.94.  Source: Reuters.com - By: Stephanie Kelly - Image: Richard Carson |
Hours: M - F 8:00 a.m. - 5:00 p.m. CentralTelephone: 844-952-7363Email: InvestorRelations@redhawkinvestmentgroup.com |
Quotes by TradingView
|
Redhawk Investment Group, LLC offers direct and alternative oil and gas investment opportunities that enable investors to participate in the potential cash flow and the unique tax benefits associated with oil and gas investments. There are significant risks associated with investing in oil and gas offerings. The information contained in this website is for informational purposes only and is not a solicitation to buy or sell any securities. Information on this site is not intended to be used as investment or tax advice. Consult your investment advisor or tax advisor concerning the current tax laws and effects on your personal tax situation.
Copyright 2019 - Redhawk Investment Group, LLC - Sitemap