Forex Books Talking

global oil and gas exporters. Russia has experienced a reversed rags to riches tale over the last two years as the impact of sanctions and the slump in the energy patch have kept

the slump in the energy patch have kept the Ruble under extreme pressure. The underperformance continues to echo the losses in oil prices as the supply and demand imbalance

prices as the supply and demand imbalance remains largely unchanged, only set to grow in coming months with the expansion of Iranian crude oil exports. With market dynamics expected

With market dynamics expected to be weak and existing projections forecasting no rebound in prices, the weakness in the Ruble is only likely to accelerate over time, matching losses in oil prices.

2015 was not a good year for speculators trying to time the oil markets. Oil kept cutting through each support level like a hot knife cutting through butter. It would give the appearance that

through butter. It would give the appearance that it was ready to mount a rally, but that rally would fade, and oil prices would drift lower. We penned an article in Nov of last year, where we

We penned an article in Nov of last year, where we stated that oil would have to close above $50 on a weekly basis for it to see higher prices. However, it failed to do that and drifted lower

prices. However, it failed to do that and drifted lower. When it closed below $32 on a weekly basis, it neutralized any tiny bullish signals it was issuing in 2015. Is oil close to putting in a bottom or will it once

2015. Is oil close to putting in a bottom or will it once again let everyone down and plunge into a series of new lows. There is a saying that the cure for low prices is lower prices and vice versa; having said,

that we expect one final wave of selling before oil bottoms out and starts to trend slowly upwards. We do not expect any violent upward reversals unless the situation between Iran and Saudi heats up to the point that a new war breaks out.

Along with iron ore and coal (down 70%-plus), oil has been one of the worst-performing commodities – down 80% from its 2008 top. And ultimately it’s headed lower, all the way to $10 or $20. I’ve been saying this since oil was $115, and look where we are now!

Alfidi Capital writes: The oil sector's bear attack shows no signs of abating. OPEC's Saudi-led push for huge overproduction is driving the US shale sector to the brink of collapse. The post-crash

sector to the brink of collapse. The post-crash survivors can benefit from "Shale 2.0" technologies that keep their costs down. They will need every advantage they can get when the "Great Crew

advantage they can get when the "Great Crew Change" makes finding human talent harder and the UN's COP21 protocols make hydrocarbon production less desirable.

The crude oil price reversed direction Monday to climb back above $30 (WTIC) as the market has started to discount the probability that the Iranians have been duped