Tag Archives: Oil


Cumberland Advisors Market Commentary – Saudi-Russia Oil War

Author: David R. Kotok, Post Date: March 10, 2020
Market Commentary - Cumberland Advisors - Saudi-Russia Oil War

A quick note about oil. The Saudi-Russia price war means OPEC disarray and a lower oil price for the US. The Energy Information Administration (EIA) reports: “In 2019, about 142.23 billion gallons (or about 3.39 billion barrels) of finished motor gasoline were consumed in the United States, an average of about 389.68 million gallons (or […]

Cumberland Advisors Market Commentary – Turkey & Trump

Author: David R. Kotok, Post Date: October 19, 2019
David R. Kotok

Here is an updated report from Al Jazeera on the Turkey ceasefire and related developments. While it reflects network leanings, they are much different from the CNN-Fox distortions, and more facts may often be gleaned. https://www.aljazeera.com/news/2019/10/turkey-military-operation-syria-latest-updates-191017051518215.html Next we have the presidential tweeter’s self-proclaimed brilliance, hard on the heels of Pence and Pompeo’s trip to Ankara […]

UPDATE 1-U.S. stock futures fall after Saudi oil attacks

Author: , Post Date: September 18, 2019
David R. Kotok

Sept 15 (Reuters) – U.S. stock futures fell 0.3% percent when trading resumed on Sunday, a day after attacks on Saudi oil facilities that risk disrupting global energy supplies. “I would expect a rough day for stocks tomorrow since this attack largely came out of the blue,” said Nicholas Colas, Co-founder of DataTrek Research. “I’m […]