We focus on the oil market from a fundamental, Geo-political, and price perspective
Chris Temple and Cory chat in depth about the oil market/industry. The fundamentals have not significantly changed (over supply) but the money flowing in has not slowed. There clearly continues to be some strong support for oil companies.
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I enjoyed the discussion on Oil guys, and agree that the US Dollar has been a major influence on the oil decline, and the USD will continue to need to be monitored closely.
These currencies continue to move in exaggerated patterns due to the influence of the central bankers mad experiments in monetary policy. These currency fluctuations affect imports/exports, the capital and operation costs of doing business, and affect that advantages of doing business in certain countries.
Supply seems to be on people’s minds, and mentioned often, but really hasn’t changed that much overall. It will be interesting to see how the 1st quarter earnings, and second quarter guidance is forecast at from the oil patch.