United Kingdom  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Cramer: WTI Could Drop To $40s In ‘Ferocious’ Bear Market

OilPrice.com Thursday, 8 November 2018
WTI Crude prices could drop into the $40s, with the U.S. oil benchmark in a ‘ferocious’ bear market, analyst and CNBC host Jim Cramer said on Thursday. WTI Crude prices slipped on Thursday by more than 20 percent from the four-year high hit just last month, entering bear market territory, as oil production in the United States continues to grow, Russia and Saudi Arabia put a lot more oil on the market, while the global economy and oil demand growth are starting to show signs of slowdown. At 11:47 a.m. CDT on Thursday, WTI Crude was…
0
shares
ShareTweetSavePostSend
 
Credit: The Street - Published < > Embed
News video: Is There Going to Be a Market Slowdown? Jim Cramer's Take on the Market

▶ Is There Going to Be a Market Slowdown? Jim Cramer's Take on the Market 01:06

Are you ready for a market slowdown? Jim Cramer says that now's not the time to buy and that he and his team over at Action Alerts Plus are eyeing their portfolios carefully. For investors who are worried about their portfolios as the midterms come to an end and all eyes turn towards the end of the...

You Might Like


Recent related videos from verified sources

How to Spot a Bear Market: Jim Cramer Exclusive [Video]How to Spot a Bear Market: Jim Cramer Exclusive 00:30

Are you ready for Jim Cramer's Action Alerts Plus members call? Cramer is. Ahead of the call, Cramer broke down the theme of the call. "How to manage a bear and what to do," he told TheStreet. The call..

Credit: The Street - Published

Is FAANG Back? An NYSE Trader Weighs In [Video]Is FAANG Back? An NYSE Trader Weighs In 00:31

Here's what you need to know about the possible resurgence of FAANG. Matthew Cheslock, equity trader at Virtu Financial, discussed Apple and FAANG. "You know, we're going to start ramping up earnings..

Credit: The Street - Published

No Trump Impact? NYSE Trader Breaks Down What's Actually Moving Markets [Video]No Trump Impact? NYSE Trader Breaks Down What's Actually Moving Markets 03:49

Overall, the markets have had a positive attitude this week. Matthew Cheslock, an equity trader with Virtu Financial, weighed in on the markets and what he's looking at going forward. "Well, obviously,..

Credit: The Street - Published

Small Caps and Russel 2000 Look Ripe for a Buy-the-Dip [Video]Small Caps and Russel 2000 Look Ripe for a Buy-the-Dip 08:57

Small caps stocks may be rebounding from their rough down spell at the end of 2018, but there's plenty of time to hop back into the often overlooked class of stocks. "If you're fishing for bargains..

Credit: The Street - Published

Investors Should Prepare For A Bear Market [Video]Investors Should Prepare For A Bear Market 00:35

According to Uproxx.com the economy may soon be entering a bear market. However, investors do not need to panic. There are things they can do. Investors should do two things when stocks are..

Credit: Wochit - Published

Dow Will Struggle To Repeat Epic Day [Video]Dow Will Struggle To Repeat Epic Day 00:40

US stocks are set to open lower — a sign the biggest one-day market rally since 2009 will be short-lived. S&P 500, Dow and Nasdaq futures are all pointing to a drop of at least 1.5%. Asian and..

Credit: Wochit Business - Published

Dow soars over 1,000 points in rebound [Video]Dow soars over 1,000 points in rebound 01:07

The Dow Jones Industrial Average surged at least 1,000 points in a single session for the first time on Wednesday in a broad stock rebound that also saw the S&P 500 post its biggest one-day percentage..

Credit: Reuters Studio - Published

U.S. Stocks Attempt Rebound [Video]U.S. Stocks Attempt Rebound 00:32

On Wednesday, U.S. stocks were attempting a modest rebound. According to Reuters, the rebound was boosted by technology shares and an Amazon-led jump in retailers. The rebound follows four sessions of..

Credit: Wochit Business - Published


Tweets about this


Other recent news in Markets

Vanguard founder JOHN BOGLE dies at 89Prime Minister Theresa May's Government Survives No-CONFIDENCE VOTE
Ripple: Only XRP Private Keys That Used SOFTWARE From Before August 2015 Are VulnerableTHE MISERY OF SHUTDOWN AMERICA AS RECORD CLOSURE HITS DAY 26
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest