Tag Archives: Oil

Cannabis oil could help treat eczema and psoriasis, scientists say

It is estimated that around 60% of UK citizens have some sort of skin conditionand, for many, finding a cure can be hard work. However, a new treatment could be on the horizon for people who suffer with eczema or psoriasis, after new research shows cannabis to have a positive effect on their symptoms. A dermatologist explains how stress can affect your skin Scientists believe that ... Read More »

For a healthy heart, add fatty fish, olive oil to your diet

Good news if you love eating fish. According to a new study, consuming fatty fish up to four times a week may help increase the amount of good cholesterol and prevent risk of heart disease. To keep your heart healthy, you need to be very careful about your diet. The findings showed that fatty fish increases the size and lipid composition of ... Read More »

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A Canadian federal court has overturned approval for a chief pipeline project that one analyst says will effectthe country‘s oil industry “large time.” The Enbridge Northern Gateway pipeline was at the beginning permitted with the aid of the Conservativeauthorities returned in 2014, subject to a whopping 209 conditions. but consistent with court docket ofenchantment files released Thursday, the government did ... Read More »

The stock market doesn’t consider oil ought to be $50

Oil natural fuel drilling Robert Nickelsberg | Getty pictures The fee of U.S. crude is up extra than 34 percent this 12 months, trading briefly above $50 a barrel Thursday morning. but stocks of U.S. strength corporations in the S&P 500 are up simply over elevenpercent 12 months to this point. based totally on the ancient correlation of the 2, ... Read More »

$50 in the books, right here’s how to exchange $60 oil

U.S. oil prices traded above the important thing $50 stage Thursday for the first time on the grounds thatOctober. Six weeks ago the commodity was under $forty a barrel. So how are you going to capitalize on the subsequent $10 flow? WTI crude is up more than eight percentage this month on reviews of falling inventories and decreasedrefinery capability the ... Read More »

Stay away from the oil sector: Jefferies analyst

Now is not the moment to get into the oil sector, according to one analyst. “I think it’s time to still stay away, I don’t think it’s time to get in yet,” Brad Handler, managing director of equity research at Jefferies, told CNBC’s “Power Lunch” on Monday. Oil prices were down about 4 percent Monday after a Saudi-Venezuela meeting over ... Read More »

Early signs of capitulation for oil

Squeezed by falling oil prices, Russia is talking about privatizing its major companies to close its budget shortfall. Nigeria is seeking a World Bank loan to cover its $11 billion budget gap. Even Saudi Arabia has been drawing down reserves and discussing selling a stake in its national oil company Saudi Aramco. There’s no doubt the oil producing nations and ... Read More »

Warren Buffett’s new oil bet nears $1 billion

After three more days of buying, Warren Buffett’s Phillips 66 shopping spree is nearing a billion dollars for the year. In a new filing, Buffett’s Berkshire Hathaway reveals that on Monday, Tuesday and Wednesday of this week the company purchased another 1.7 million shares of the energy giant for almost $132 million. Over 15 days of buying since Jan. 4, ... Read More »

You won’t see $70 oil until 2018: Morgan Stanley

Morgan Stanley has downgraded its outlook for oil prices, expecting low prices to persist for longer than previously thought as the supply and demand imbalance looks set to continue for at least another two years. The bank lowered its average 2016 Brent price forecast to $30 per barrel, down from $49 previously. Morgan Stanley now expects an average price of ... Read More »

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im Cramer had to give some credit to the markets on Wednesday. They finally started to make sense, and there was one move in particular with the price of oil that gave him a glimmer of hope. When the price of oil turned up, suddenly it took the averages with it, which is how the Dow Jones went from being ... Read More »