GO
Loading...

OPEC

More

  • There is now more gas in the ground than at the start of last winter’s heating season,writes Stephen Schork.

  • Even if the recession has ended or is about to end, that does not mean demand is about to resume. It just means demand has stopped falling, writes Stephen Schork.

  • Schork Oil Outlook: From Fatal To Disastrous Monday, 15 Jun 2009 | 12:28 PM ET

    We do concede the headlines have improved. But let’s keep it real, they have gone from fatal to disastrous, writes Stephen Schork.

  • London Tube Strike Causes Chaos Thursday, 11 Jun 2009 | 6:53 AM ET

    A strike by metro drivers wrought havoc on the streets of London, with thousands of commuters seeking alternative ways to get to work and overground traffic sometimes grinding to a halt.

  • My Meeting With President Medvedev Tuesday, 9 Jun 2009 | 4:46 PM ET

    My trip to Russia was incredibly exciting. Moscow and St Petersburg are beautiful cities. One of the best things about St Petersburg are the white nights. It is broad daylight for 20 out of 24 hours.

  • Speculation is what makes this market go around. Reduce the role of the speculator and you reduce price transparency and liquidity, i.e. you reduce the mechanism to transfer risk. Without that mechanism, future investment in up/downstream infrastructure, which is already a dicey proposition, becomes nearly impossible, writes Stephen Schork.

  • Week Ahead: Watching the 'Recovery Trade' Friday, 5 Jun 2009 | 8:35 PM ET
    New York Stock Exchange

    The stock market's rally could face a critical test in the coming week as the "recovery trade" plays out across financial markets.

  • Schork Oil Outlook: Bears Can't Close The Deal Friday, 5 Jun 2009 | 9:50 AM ET

    Energy prices were strong on Thursday ... as the entire complex recovered from Wednesday’s correction. NO! That was the answer to yesterday’s question, “… the bears have the bulls on the ropes … can they now close the deal?”  No, no they cannot.

  • As we look ahead to today, the bears have the bulls on the ropes… can they now close the deal?, writes Stephen Schork.

  • Given the improvement in economics, The Schork Report is looking for another strong production number this morning and in the weeks ahead we will look for the crude oil/gasoline ratio to narrow as stocks in the nominator fall faster than the denominator, writes Stephen Schork.

  • The relationship between crude and natural gas has been acting very strangely in the last few months. Quantitatively, we expected a price correction to reduce crude and increase natural gas prices, but that hasn’t happened… yet, writes Stephen Schork.

  • “Sell in May, go away” was one of the old Wall Street adages that went by the wayside last month. Bad news was ignored… good news, or rather, less bad news, was exaggerated, writes Stephen Schork.

  • Week Ahead: Stock Gains May Be Harder to Come By Friday, 29 May 2009 | 9:36 PM ET
    A New York Stock Exchange trader.

    The trend for stocks is higher, yet gains in June may be harder to come by unless economic data perks up.

  • Stocks Gain 4.1% in May; GM Now at 75 Cents Friday, 29 May 2009 | 6:49 PM ET

    Stocks capped a winning month with a 1-percent rally Friday as traders squeezed in a few last-minute trades to close out the month of May.  Investors were encouraged by a jump in consumer sentiment and less-bad GDP report. Oil stocks benefited from the rise in oil prices. Dell ended higher after beating its earnings target. GM ended at 75 cents a share.

  • Stocks Try to Claw Back; GM Below $1 Friday, 29 May 2009 | 3:23 PM ET

    Stocks made another break higher Friday as investors were encouraged by a jump in consumer sentiment and less-bad GDP report. Oil stocks benefited from the rise in oil prices. Dell shot out of the gate after beating its earnings target but other techs were slow to follow. GM fell below $1.

  • Stocks Lose Confidence; GM Below $1 Friday, 29 May 2009 | 11:46 AM ET

    Stocks wobbled Friday as investors were encouraged by a jump in consumer sentiment less-bad GDP report but still remained a bit jittery. Dell shot out of the gate after beating its earnings target but other techs were slow to follow.  GM fell below $1.

  • Schork Oil Outlook: The Bulls Keep Charging Friday, 29 May 2009 | 10:20 AM ET

    The draw in gasoline raised some eyebrows, but there are signs that allow us to be cautiously optimistic, writes Stephen Schork.

  • Futures Rise After GDP Report Friday, 29 May 2009 | 8:55 AM ET

    Stock index futures indicated a higher open for Wall Street Friday after the latest GDP report showed the economic decline began to slow in the first quarter.

  • Stocks Jump Over 1% Amid Relief After Auction Thursday, 28 May 2009 | 5:28 PM ET
    Question Marks

    Stocks ended higher Thursday as crude prices climbed after an inventory pare-down and the results of the Treasury bond auction eased concerns about government debt.

  • Stocks Bounce Back as Crude Prices Climb Thursday, 28 May 2009 | 11:54 AM ET

    Stocks rebounded Thursday as crude prices climbed after inventories were pared more than expected. Stocks had gotten off to a wobbly start as investors juggled a bleak report on new-home sales with any optimism from the unexpected drop in jobless claims and GM's deal with bondholders.