Jim Ritterbusch - Ritterbusch & Associates


Last quote by Jim Ritterbusch

The political situation in Saudi Arabia remains sufficiently volatile to spike crude values by at least 50 cents at any given time as was the case (Thursday).feedback
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Nov 10 2017
The latest quote from Jim Ritterbusch is: “The energy complex is slowly succumbing to an opinion that this year's OPEC production cuts have been ineffective. We feel that the (OPEC) cartel has come to a fork in the road in which the current agreement will be abandoned or steps will need to be taken to double down on current efforts by increasing production curtailments.”. It comes from the GLOBAL MARKETS-Crude rebound eases markets but concerns linger | Reuters article. You’ll find on this page 18 articles with Jim Ritterbusch quoted on topics such as U.S. and FOMC. Jim Ritterbusch has been quoted 25 times in 18 articles.
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Jim Ritterbusch quotes

May 05 2016 - Libya

The market was again rescued by a larger than expected pace of U.S. production decline and overnight headlines regarding disrupted supply out of Canada and Libya.feedback

Apr 26 2016

For now, the line of least price resistance remains to the upside and we will be reassessing this view in light of tomorrow's FOMC statement.feedback

Apr 20 2016

An expiration of more than $1.50 a barrel in the May-June spread today would send off some additional bearish WTI signals.feedback

Apr 18 2016 - Qatar

While a few forecasters may be dusting off some old $20 WTI expectations as a result of the Doha outcome, we expect solid support in nearby WTI at the $35 mark.feedback

Mar 14 2016

From a longer-term perspective over the coming four to six weeks, we still anticipate an ultimate crude price decline to the $26-28 area.feedback

Mar 08 2016

Today's selloff didn't feel like the beginning of a sustained price decline. We feel that this one-month $8-9 price advance simply got ahead of itself with newly positioned longs anxious to accept some profits.feedback

Mar 08 2016

We feel that values could consolidate well into next week or longer, prior to enough momentum shift to force an ultimate $9-10 crude price cut.feedback

May 01 2015

Given what is likely to be some high-pitched volatility within global equities this month, we look for a closer connection between oil and the stock market for a few weeks.feedback

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