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Medium-Term $100 Oil Forecasts Are For Paper Traders And Fantasist Bulls Only

14 days ago   |   By Forbes

Since OPEC's last meeting, a cacophony of speculators, banks and crude bulls have come out with wildly optimistic price calls that appear to be detached from physical market reality.
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House committee votes to approve DC statehood as Democrats denounce the...

House committee votes to approve DC statehood as Democrats denounce the disenfranchisement of DC's 700,000 residents

Summary List Placement The House Oversight and Reform Committee approved a bill on Wednesday that would make Washington, DC, the country's 51st state. The Washington, DC... Read more ...

Bed Bath & Beyond tumbles 15% as store closures weigh on quarterly sales

Bed Bath & Beyond tumbles 15% as store closures weigh on quarterly sales

Summary List Placement Bed Bath & Beyond shares were knocked sharply lower Wednesday after first-quarter sales results from the housewares retailer fell short of Wall Street's... Read more ...

Gensler confirmed as top Wall Street cop, bringing new era of tough scrutiny

Gensler confirmed as top Wall Street cop, bringing new era of tough scrutiny

The Senate on Wednesday confirmed Gary Gensler to lead the Securities and Exchange Commission, putting in place a battle-tested Wall Street watchdog at a moment when Democrats... Read more ...

Moderna's CEO shares his strategy to develop a 'world-changing' single...

Moderna's CEO shares his strategy to develop a 'world-changing' single vaccine that protects against COVID-19, the flu, and other respiratory illnesses

Summary List Placement Moderna pitched investors Wednesday on its ambitious vision to take the Massachusetts biotech's messenger RNA technology well beyond the current... Read more ...

Leaked documents show Amazon's new wireless headsets target low-income...

Leaked documents show Amazon's new wireless headsets target low-income shoppers who are aware of AirPods but not tech-savvy

Summary List Placement Amazon is hoping the lower price point of its Echo Buds will set it apart in the crowded field of wireless headsets. According to internal documents... Read more ...

The CDC says airplanes should leave middle seats empty to reduce COVID-19...

The CDC says airplanes should leave middle seats empty to reduce COVID-19 spread - after every major US airline decided it was unnecessary

Summary List Placement This summer, every major airline across the US will have middle seats open for purchase on planes. But a new Centers for Disease Control and Prevention... Read more ...

Walmart, Delta, and Coca-Cola refused to join hundreds of other companies in...

Walmart, Delta, and Coca-Cola refused to join hundreds of other companies in opposing restrictive voting laws - here's why

Summary List Placement While hundreds of major companies signed a new letter Wednesday opposing restrictive voting rules in the wake of Georgia's election law , some notable... Read more ...

Americans might start getting a 3rd booster shoot for Moderna vaccines this year

Americans might start getting a 3rd booster shoot for Moderna vaccines this year

Summary List Placement COVID-19 vaccinations aren't stopping anytime soon. Moderna said on Wednesday that Americans could start getting booster shots later this year to protect... Read more ...

Jimmy Kimmel made digs at MyPillow CEO Mike Lindell, calling his...

Jimmy Kimmel made digs at MyPillow CEO Mike Lindell, calling his social-media site Frank 'a world of paranoia and mustache-wax'

Summary List Placement MyPillow's CEO, Mike Lindell, is launching his own social-media site and e-commerce store - and Jimmy Kimmel couldn't resist poking fun at the new... Read more ...

Amazon challenges Apple's AirPods Pro with new Echo Buds that feature...

Amazon challenges Apple's AirPods Pro with new Echo Buds that feature improved noise cancellation

Summary List Placement Amazon is betting that as the weather gets nicer, more people will be looking to take Alexa on the go. The online retail giant is releasing a new pair of... Read more ...