Natural gas just claimed another victory over clean coal.
The Saudi Aramco IPO is worth a reported $2 trillion, which will make it the biggest IPO ever once the company goes public.
Oil prices are down 14% on the year, despite OPEC starting and extending its 1.8-million-barrel oil production cut agreement in 2017.
The oil price drop surprised investors because OPEC reached a deal to cut oil production on Nov. 30, 2016.
Tags: oil price
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A stock market crash could be on the way as the investigation into President Trump’s campaign intensifies.
The next OPEC meeting is on May 25 and the fate of the cartel’s oil production cap is at stake.
OPEC has to decide whether it will keep a lid on oil production or let its members produce as much as they want. And the decision will have a dramatic impact on crude oil prices.
As the Dow begins to flatten, investors are beginning to wonder if we are just one destabilizing event away from another stock market crash.
During the 2016 campaign, then candidate Trump promised “we’re going to save the coal industry.”
The agreement funding the government expires on April 28, and that has a lot of people wondering, “will there be a government shutdown?”
The “Trump Rally” saw the Dow surge 16% from Election Day to its all-time high of 21,115 on March 1.
On Thursday (March 16), the government’s ability to borrow more money will be frozen.
And the consequences could be catastrophic.
But would Congress really let that happen? It’s more likely than you think…
Tags: debt ceiling
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About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.
Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
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