The Trade War Effect on Crude Oil
The Trade War Effect on Crude Oil This chart shows Chinese imports of crude oil from U.S.. Image: Capital Economics
The Trade War Effect on Crude Oil This chart shows Chinese imports of crude oil from U.S.. Image: Capital Economics
U.S. Crude Oil Production and S&P 500 Energy Sector The U.S. is now the largest world energy producer, but the industry’s share of the S&P 500 market capitalization collapsed. Image: Bloomberg
Eurozone Inflation and Brent Oil Prices This interesting chart shows the direct effect of brent oil prices (YoY % change) on euro area inflation. Image: Jeroen Blokland
WTI Price and Brent Price vs. Oil Inventory Oil inventories suggest that the price of oil is currently fairly priced. Image: Pictet Wealth Management
Times When Precious Metals Stocks Surged While Oil Plunged This chart shows that precious metals stocks surged while oil plunged, only three other times in recent history. Image: Crescat Capital LLC
Should Investors Be Concerned About Rising Oil Prices? Because the U.S. becomes entirely self-sufficient, it helps to contain oil prices in the long-term. Cheap oil is good for global economic growth, business and consumers. Image: J.P. Morgan Asset Management
The Gold to Oil Ratio since 2018 When the gold to oil ratio approaches 30x, oil is undervalued. When the gold to oil ratio approaches 10x, gold is undervalued. Today, the gold-oil ratio is below 20x. So, neither oil nor gold is undervalued nor overvalued relative to each other. Image: Goehring & Rozencwajg
Crude Oil Reserves in Billion Barrels (Gbbl) The proven oil reserves in Venezuela are recognized as the largest in the world, but by some measures, it is the most miserable economy in the world. Image: howmuch.net
Why Are Oil and Gas Companies Making Massive Investments for the Next 10 Years? Oil and gas companies are making massive investments for good reasons. The energy demand will flatten after 2030 and the oil and gas industry will go through a transition over the next decades. Below is the oil and gas forecast to 2050.…
Oil Is Really a Curse for Venezuela The irony is that the proven oil reserves in Venezuela are recognized as the largest in the world! Picture Source: Bloomberg