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Showing 11 - 20 of 211 results for "Iraq"

OPEC is not to blame

BENJAMIN ONG  |  TUESDAY, 25 SEP 2018
Saudi Arabia and Russia weren't pleased with US President Trump when they announced no immediate increase in oil production following the OPEC and non-OPEC nations meeting in Algiers on September 23. The decision sent oil prices soaring - Brent ...

Chief economist update: Crude oil slips

BENJAMIN ONG  |  TUESDAY, 17 JUL 2018
If one were to time the genesis of the recent surge in oil prices, it would have to be Saudi Crown Prince Mohammed bin Salman's interview with Time magazine around mid-April this year when he hinted at wanting the price of crude to reach around ...

Staggering annuities can fund retirement shortfall

KARREN VERGARA  |  TUESDAY, 6 MAR 2018
... the American Economic Review demonstrating the general aversion to annuities. Following US troops' return from the war in Iraq, an excess 60,000 soldiers were incentivised to retire from service early. Depending on their ranking, soldiers could choose ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
... re-imposing the "travel ban" on six countries (formerly seven) -- Yemen, Libya, Iran, Somalia, Syria and Sudan (now excludes Iraq) show Trump's determination to follow through on his promises. Trump's reflationary policies and the equity market's positive ...

Trump's tweets and deeds

BENJAMIN ONG  |  MONDAY, 6 FEB 2017
... deeds. Everybody and their dogs would recall Trump's executive order barring the citizens of seven Muslim countries - Iran, Iraq, Libya, Somalia, Sudan, Syria, and Yemen - from US soil for the next 90 days and the suspension of admission of all refugees ...

One week delivery

BENJAMIN ONG  |  MONDAY, 30 JAN 2017
Yes people, we are now staring at Dow 20,000! For sure, the Dow as an equity market measure is flawed and that in terms of market and economic fundamentals, this means diddly-squat. However, in the world of technical analysts, this is the mark where ...

Drown baby, drown

BENJAMIN ONG  |  MONDAY, 18 JAN 2016
Where have all the buyers gone? Two weeks into the new year and they're still MIA. Given recent events, they appear to be drowning - drowning in a sea of oil, that is....and there'll be more gushing out of the grounds soon, out of Iran as Friday's speculations ...

Oil slip

BENJAMIN ONG  |  TUESDAY, 8 DEC 2015
No more quotas. No more targets. No more ceilings. This was OPEC's (Organisation of Petroleum Exporting Countries) decision at their meeting in Vienna last Friday - the decision that sent oil prices down to 6-year lows. WTI oil dropped by 5.8% to US$37.65 ...

The Grinch is stealing Christmas

BENJAMIN ONG  |  TUESDAY, 9 DEC 2014
... excess crude supply, the largest oil producer -- Saudi Arabia - is engaging in outright price discounting, and on top of this, Iraq - the second biggest producer - has followed suit. This is compounded by indications that global demand would remain subdued ...

Sliding oil price would stop the slide in the oil price

BENJAMIN ONG  |  FRIDAY, 28 NOV 2014
... conflicting interests inside OPEC arise from the differences in its members' oil industries and economies. Saudi Arabia, Iraq, Kuwait and other Gulf producers can extract oil cheaply. They also -- Iraq excepted -- have a lot of cash in the bank. As a ...