Forex Diamond

Goodbye, Cheap Gas: Drivers Will Not See Reprieve for Weeks

Gasoline prices have continued to jump upwards in January, following the steady rise from last month as the markets reacted to OPEC's decision to curtail production this year....

Oil Prices Slide on Signs of U.S. Ramping Up Production

Oil prices were lower on Monday as signs of increasing U.S. supply outweighed confidence that OPEC and other international producers would stick to a deal to curb...

Gas Rings in the New Year With Strong Gains

Oil begun the new year in festive mood, adding about $1.30 a barrel to hit its highest mark since March last year, as reports filtered through that...

Market Recon: Perseverance and Decisiveness Are Crucial in These Markets

On this day in 1777, George Washington's Continental Army defeated the British garrison at Princeton, New Jersey. The battle, though minor by British standards, was the Continental...

Here Is Why the OPEC Cuts Aren’t That Important for Oil Prices

OPEC's production cuts took effect on Jan. 1, propelling oil to its highest level in a year and a half on Tuesday. But economist and Real Money...

World Oil Prices Push Toward $60 as Brent, WTI Each Add More Than 2%

The world's two benchmark oil prices each rose more than 2% and headed twoard $60 a barrel on Monday as both traded near 18-month highs. Global benchmark...

Jim Cramer Says 2017 Is Year of Natural Gas

TheStreet's Jim Cramer says while oil prices may have some potential to move higher, he believes 2017 will be the year of natural gas. "I think the...

Market Recon: The First Quarter Has Been Achilles’ Heel in Recent Years

"Price is what you pay. Value is what you get." -- Warren Buffett Price Discovery The day began innocently enough. Equity index futures were strong. Oil...

Oil Prices Rise Today on Unexpected Drop in Inventories and OPEC Cut

The global Brent crude contract reached a fresh 18-month high but has backed down on the strong U.S. dollars. An expected drop in oil inventories to be...

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Brazil President Michel Temer charged with corruption

Ricardo Botelho | Brazil Photo Press...

Energy Transfer’s Pipeline Spill Problem Is Causing It Another Headache

After blitzing through Ohio's wetlands, Energy Transfer Equity (ETE)  is once again facing a problem of its own making: pipeline construction delays. ...