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BLOOMBERG Bloomberg Markets August 15, 2016 - Vimarsana News

BLOOMBERG Bloomberg Markets August 15, 2016

Records for all three major averages. There is another milestone we reached today. Thes 26 straight sessions s p has moved at least 1 . This goes all the way back to july 8. We have seen the s p up 8 in that timeline, and hitting records on multiple occasions as progress has continued to be slow progress upward. Lets look at the major averages. They are holding relatively steady with gains of 4 for the s p and the dow ands euro. 6 for the nasdaq. A lot of the gains have to do with oil prices. We have seen the correlation of oil and stocks come back. It was broken for a little bit. Crude oil re...

Saudi Arabia, Russia Are In Charge Of Oil Price Again—Should Biden Administration Take The Blame? - Vimarsana News

Saudi Arabia, Russia Are In Charge Of Oil Price Again—Should Biden Administration Take The Blame?

Saudi Arabia's and Russia's power to set oil prices may have surprised some, as the U.S, not Saudi Arabia, is the world's largest oil producer these days.