2019-05-13 12:38:00 Mon ET
stock market gold oil stock return s&p 500 asset market stabilization asset price fluctuations stocks bonds currencies commodities funds term spreads credit spreads fair value spreads asset investments
Brent crude oil prices spike to $70-$75 per barrel after the Trump administration stops waiving economic sanctions on Iranian oil exports. U.S. State Secretary Mike Pompeo announces that the U.S. no longer grants the core waivers to China, India, Japan, South Korea, and Turkey etc as of May 2019. This strategic move threatens to wipe off almost $1 million barrels of international crude oil per day. In response, oil prices surge to their highest levels since November 2018. Middle East countries such as Saudi Arabia and United Arab Emirates agree to make up for lost oil supply from Iran. Key oil price gyrations are likely to continue in 2019-2020, and crude oil futures forecast the upper range of $80-$95 per barrel. Oil price hikes can translate into higher profit margins for OPEC countries, especially Saudi Arabia and United Arab Emirates.
This upward oil price trend improves the economic prospects of Saudi Aramco in the next biggest IPO lock-up period. In the grand scheme, the American national security strategists trade off temporary oil price fluctuations with more draconian economic sanctions on the nuclear nation Iran. This containment strategy helps successfully isolate Iran to the detriment of oil-dependent economies worldwide.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-02-19 08:39:00 Monday ET
Snap cannot keep up with the Kardashians because its stock loses market value 7% or $1 billion after Kylie Jenner tweets about her decision to leave Snapcha
2022-08-30 10:32:00 Tuesday ET
The financial services industry needs fewer banks worldwide. As long as banks have existed in human history, their managers have realized how not all dep
2023-12-08 08:28:00 Friday ET
Tax policy pluralism for addressing special interests Economists often praise as pluralism the interplay of special interest groups in public policy. In
2017-03-21 09:37:00 Tuesday ET
Trump and Xi meet in the most important summit on earth this year. Trump has promised to retaliate against China's currency misalignment, steel trade
2022-10-25 11:31:00 Tuesday ET
Corporate investment insights from mergers and acquisitions Relative market misvaluation between the bidder and target firms drives most waves of mergers
2023-10-19 08:26:00 Thursday ET
World politics, economics, and new ideas from the Psychology of Money written by Morgan Housel We would like to provide both economic and non-economic th