OIL SLUMPS   Oil turned sharply lower Friday as concerns of a supply glut weighed in the wake of higher U.S. output. U.S. crude was off

OIL SLUMPS AS SUPPLY CONCERNS WEIGH

OIL SLUMPS AS SUPPLY CONCERNS WEIGH

OIL SLUMPS   Oil turned sharply lower Friday as concerns of a supply glut weighed in the wake of higher U.S. output. U.S. crude was off

FOREX INVESTORS OIL SLUMPS   Oil turned sharply lower Friday as concerns of a supply glut weighed in the wake of higher U.S. output. U.S. crude was off $1.14, or 2.50%, at $44.38 at 05:30 ET. Brent shed $1.12, or 2.33%, to $46.99.Oil settled higher overnight in the wake of an upbeat EIA inventories report.
The EIA reported a bigger-than-expected fall in U.S. crude stocks in the latest week of 6.3 million barrels.





 

OIL SLUMPS

 

Gasoline inventories also fell more than expected.
However, higher U.S. output has undermined the impact on inventories of output cuts by major producers.
OPEC and non-OPEC producers have agreed to curb output by 1.8 million barrels a day through to March.
OPEC exports have reportedly increased despite the output cut accord.
Baker Hughes U.S. rig count data are due out later in the session.Like up on FACEBOOK


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mCig Announces 5 Million Reduction in Shares Outstanding

mCig Inc. (MCIG) Supply Division Sales Reach $100k in One Week

MCIG’s Supply Division Sales Reach $100k in One Week

 mCig Inc. ( OTCQB : MCIG ), a diversified company servicing the legal cannabis, hemp and CBD markets

FOREX INVESTORS   PRESS RELEASE  mCig Inc. ( OTCQB : MCIG ), a diversified company servicing the legal cannabis, hemp and CBD markets is pleased to announce that one of its division, the Cannabis Supply Division, completed $100K in sales during the last week of June.
The marijuana market in Nevada has exceeded all expectations since the sale of cannabis for recreational purposes generated $3M in just the first 3 days of July. MCIG’s cannabis supply division was one of the first suppliers of state mandated packaging for dispensaries and grow facilities in Nevada. Prior to July 1st, MCIG’s supply division built its sales team, product line and customer base, doubling its revenues (100% month over month) and building inventory in anticipation of the legal recreational market. Since this roll out in Nevada the supply division sales have increased 300%. Based on current positioning, only in the Nevada market, management anticipates revenue from the Supply Division to reach $2.5 – $3 million in the current fiscal year.




 mCig Inc

 

“The growth of the cannabis industry is unparalleled to anything I have seen in my 45 years in business. MCIG’s supply division business has grown from selling childproof bags just a few months ago, to offering a full line of products, including cannabis cultivators, extractors, production supplies, custom packaging, generic and private labels, cartridges, jars, vape products and state mandated supplies to almost every dispensary and grow facility in the state of Nevada,” states Cannabiz Supply, CEO, Charles Fox.

About MCIG Group ( OTCQB : MCIG )
Headquartered in Henderson, Nevada, mCig, Inc. ( OTCQB : MCIG ) is a diversified company servicing the legal cannabis, hemp and CBD markets via its lifestyle brands. mCig, Inc. is committed to being the leading distributor of technology, products, and services to fit the needs of a rapidly expanding industry. mCig, Inc. has transitioned from a vaporizer manufacturer to industry leading large scale, full service cannabis cultivation construction company with its Grow Contractors division currently operating in the rapidly expanding Nevada market.

mCig, Inc. also employs a world renowned tech team and has recently entered the tech space to satisfy its evolving role in technology and in keeping its growing following up to speed.

The company looks forward to growing its core competencies to service the ancillary legal Cannabis, Hemp and CBD markets, with broader expansion to take place once federal laws change. With over seventy five years of experience combined between the key players that make up the Cannabis Grow Contractors Division, mCig Inc. is proud to work with Cannabis Industry leaders and provide broad and rounded solutions for legal growers nationwide.

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Buz Investors Bittium exhibits renewed Bittium Tough Mobile – Bittium exhibits its innovative products and mobile security solutions at the British APCO exhibition to be held in Telford, United Kingdom, March 21 – 22. The event is directed

Bittium to supply Finnish Air Force with Bittium TAC WIN™ system for tactical communications of their bases

Bittium to supply Finnish Air Force with Bittium TAC WIN™ system for tactical communications of their bases

Bittium to supply Finnish Air Force with Bittium TAC WIN™ system for tactical communications of their bases

Buz Investors Bittium exhibits renewed Bittium Tough Mobile – Bittium exhibits its innovative products and mobile security solutions at the British APCO exhibition to be held in Telford, United Kingdom, March 21 – 22. The event is directed

BUZ INVESTORS  Bittium to supply Finnish Air  Bittium has received a purchase order for supplying the Finnish Air Force with Bittium Tactical Wireless IP Network™ (TAC WIN) system. The order is part of the modernization of the radio network performance of the Air Force’s bases with a Software-Defined Radio based IP radio system. With the order the use of the Bittium TAC WIN system within the Finnish Defence Forces’ branches expands to the Air Force. Bittium TAC WIN system will be delivered to the Finnish Air Force during the year 2017.

“The TAC WIN system will significantly improve the survivability, flexibility and ease of use of the Finnish Air Force’s wireless data transfer infrastructure. At the same time it will enhance the cooperation capabilities between the Finnish Air Force and the other military branches, as well as the development of the command and control, shared situational awareness and data transfer architecture”, says Assistant Chief of Staff C4IS, Lieutenant Colonel Kari Partinen, Finnish Air Force.

Bittium to supply Finnish Air Force

The value of the received purchase order is EUR 0.9 million (excl. VAT). The order has no effect on Bittium’s financial outlook for the year 2017, published on February 20, 2017 in Bittium’s Financial Statement Bulletin 2016.

Bittium Tactical Wireless IP Network™

Bittium Tactical Wireless IP Network (TAC WIN) is a Software-Defined Radio based wireless broadband network system intended for military and public safety use. With the system MANET (mobile ad hoc network), link, and connection networks can be formed into one logical IP network quickly, no matter what the location is. Bittium TAC WIN is compatible with existing fixed and wireless network infrastructures. The core of the system is a tactical router that enables users to freely form both wired and wireless broadband data transfer IP connections. Tactical router enables also connections to different types of terminals and other communication systems connecting them into a one communication network. In addition to the router the system comprises three types of radio heads, and each radio head covers its own frequency band area and can be used for flexible formation of optimized network topologies for different communication needs. All the products of the system are designed for harsh conditions, and thanks to the system’s automated functions the implementation of the system can be done quickly. Due to the software-based functionality of the Bittium TAC WIN system, it can be easily updated with additional performance cost-efficiently during the whole lifespan of the system.

More information on the Bittium TAC WIN system and the related products:

http://www.bittium.com/products__services/defense/bittium_tactical_wireless_ip_network.

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Buz Investors Oil prices extend losses The commodity is trading at $52.87 per barrel at 10:40 GMT this morning, 0.43% lower from the New York close. Crude oil witnessed a high of $53.24 per barrel

Oil rises on expectations of extended supply curbs

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Oil rises on expectations of extended supply curbs

Oil

BUZ INVESTORS  Oil rises on expectations  At 09:40 GMT, the commodity is trading at $49.19 per barrel, 0.68% higher from the New York close. During the session, crude oil traded at a high of $49.34 per barrel and a low of $48.79 per barrel. The commodity declined in the New York session yesterday, closing 1.45% lower at $48.86 per barrel, after the EIA forecasted US shale production to rise sharply in June. Meanwhile, Saudi Arabia and Russia agreed on the need to extend OPEC’s output cuts for a further nine months. Crude oil has its first support at $48.73 per barrel and its first resistance at $49.66 per barrel.

Oil prices extended gains on Tuesday after top producers Saudi Arabia, Russia and Kuwait supported prolonging supply cuts until the end of March 2018 in an effort to drain a global glut.

Brent crude oil was up 20 cents at $52.02 a barrel by 1010 GMT (6.10 a.m. ET). U.S. light crude also gained 20 cents at $49.05 a barrel. Both benchmarks have risen more than $5 since hitting five-month lows 10 days ago.

Saudi Arabia and Russia said on Monday they agreed on the need for a 1.8 million barrels per day (bpd) crude supply cut to be extended by nine months, until the end of March next year.

Oil rises on expectations

Crude oil | Data | Chart | Calendar | Forecast | News

Crude Oil increased 0.31 USD/BBL or 0.63% to 49.06 on Tuesday May 16 from 48.85 in the previous trading session. Historically, Crude oil reached an all time high of 145.31 in July of 2008 and a record low of 1.17 in February of 1946.

Crude oil

Crude oil is the world’s most actively traded commodity. Crude Oil prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. This page provides – Crude oil – actual values, historical data, forecast, chart, statistics, economic calendar and news. Crude oil – actual data, historical chart and calendar of releases – was last updated on May of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
49.06 48.88 145.31 1.17 1946 – 2017 USD/BBL Daily

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BUZ INVESTORS Oil slips below $52 The commodity is trading at $49.12 per barrel at 09:40 GMT this morning, 0.14% lower from the New York close.

Oil rebounds as Saudi Arabia hints at supply cuts beyond 2017

Chart | Calendar   | TRADE NOW | CRUDE OIL

Oil rebounds as Saudi Arabia hints at supply cuts beyond 2017

Oil

BUZ INVESTORS   Saudi Arabia hints This morning at 09:40 GMT, the commodity is trading at $46.13 per barrel, 0.73% lower from the New York close. The commodity traded at a high of $46.98 per barrel and a low of $45.99 per barrel this morning. On Friday, crude oil traded 2.38% higher in the New York session and closed at $46.47 per barrel, after Saudi Arabia assured that Russia is ready to join OPEC in extending crude production cuts to reduce a global supply glut. Immediate downside, the first support level is seen at $45.01 per barrel, while on the upside, the first resistance level is at $47.11 per barrel.

Crude oil futures were sent on a roller-coaster ride Monday morning, trying to retake the $47 level after Saudi Arabia’s oil minister said a deal to cut production could be extended into 2018.

The election of Emmanuel Macron, a pro-free trade centrist, as France’s next president also helped to assuage concerns that the European economy may see further headwinds.

West Texas Intermediate crude CLM7, -0.02% traded 24 cents higher, or 0.5%, at $46.45 a barrel, while July Brent LCON7, -0.08% on London’s ICE Futures exchange climbed 28 cents, or 0.6%, to $49.38 a barrel.

 



Saudi Arabia hints

>>>TRADE NOW<<<

Crude oil | Data | Chart | Calendar | Forecast | News


source: tradingeconomics.com
Crude Oil decreased 0.04 USD/BBL or 0.09% to 46.20 on Monday May 8 from 46.22 in the previous trading session. Historically, Crude oil reached an all time high of 145.31 in July of 2008 and a record low of 1.17 in February of 1946.

Crude oil is the world’s most actively traded commodity. Crude Oil prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. This page provides – Crude oil – actual values, historical data, forecast, chart, statistics, economic calendar and news. Crude oil – actual data, historical chart and calendar of releases – was last updated on May of 2017.

 

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Canada’s Marijuana Supply Crunch Could Be a Downer for Marijuana Stocks

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Canada’s Marijuana Supply Crunch Could Be a Downer for Marijuana Stocks

BUZ INVESTORS Marijuana Supply Crunch

Canada’s Marijuana Supply Crunch Could Be a Downer for Marijuana Stocks

Toronto, Ontario (FSCwire) – With legalization just over a year away, and legal sales commencing around the beginning of 2019, the question of whether companies will be able to produce enough marijuana to meet demand obviously comes to light. If current producers cannot generate the supply to feed the expected demand, people will inevitably turn to the black market for their needs, and this could affect Canadian marijuana stocks such as Aphria Inc. (TSX: APH) and Canopy Growth Corporation (TSX: WEED) in the next year or two.

 



 Marijuana Supply Crunch

>>>TRADE NOW<<<

Read the full article at https://smallcappower.com/top-stories/canada-marijuana-supply-marijuana-stocks/

 

For Our Complete Coverage On Canadian Marijuana Stocks Click Here

 

About SmallCapPower.com

 

SmallCapPower.com (SCP) is the industry’s most trusted resource for small cap stocks, offering unprecedented access to the research and tools you need to help uncover the next big thing.

 

Disclosure

 

Except for the historical information presented herein, matters discussed in this document contain forward- looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Ubika Research and www.smallcappower.com (are both divisions of Ubika Corporation), and are not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice.

 

Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.

 

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Demand exceeds supply by 20% in “explosive” vanadium market

Demand exceeds supply by 20% in “explosive” vanadium market

BUZ INVESTORS “explosive” vanadium market  – Mark Smith, President, CEO, and Director of Largo Resources Ltd. (TSX: LGO | OTCQB: LGORF) in an interview with InvestorIntel’s CEO Tracy Weslosky to discuss the economics and applications of vanadium. The supply of vanadium is 20% lower than the demand for it – “We are virtually on the edge of something very explosive”, says Mark about the metal’s price in response to a rise in demand. Vanadium is a reinforcing super metal and steel is the largest market for it. But because of their top tier product, Largo can tap into the higher end applications (aeronautics for example) at a premium price. Mark can be seen as the keynote speaker at the Cleantech and Technology Metals Summit on May 15-16, in Toronto.



OTHER STORIES BUZ TRADERS FOLLOW

“explosive” vanadium market

Tracy Weslosky: For everybody out there, the reason we’re talking to Mark today is because he’s the CEO of one of the only vanadium producers in the world. Today we’re going to talk to you about vanadium.

Mark Smith: Perfect. I love to talk about vanadium.

Tracy Weslosky: Well, Mark I actually love vanadium myself. If you could just start real quickly with an introduction to vanadium for those out there that are new to this super metal.

Mark Smith: Vanadium is a super metal. Bottom line is it makes steel stronger. Over 50% of the vanadium in the world is used in rebar. I always like to say that cause I think people need to be able to, kind of, touch and feel in their own minds what vanadium actually does. It’s primarily used in rebar and it is used to strengthen steel. It’s in a lot of the car bodies and chassis. It’s in tools because you have to have a very strong tool to do chipping or chiseling or something like that or a hammer. Those are the primary uses and it’s got all kinds of specialty applications as well. A lot of it depends on purity levels of your vanadium. That’s the story right now I think is purity levels.

Tracy Weslosky: I think the story would also be the increase in the price for vanadium. Yes?

Mark Smith: Yeah. It’s more than doubled in less than 12 months. If you take a look at the supply and demand fundamentals in the world right now it would appear as if supply is about 20% below the demand level. That’s making very conservative assumptions on the demand level. If there’s any little uptick in demand at all, that spread just becomes worse and worse. You couple that supply and demand information with inventory information, which we’ve been plotting for 10 to 15 years now, and the inventory information suggests that we’ve been digging into inventory to meet the difference between supply and demand for over 6 years now, it’s our opinion that there’s very little inventory in the world…to access the full interview, click here


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Buz Investors XAGUSD Price of Silver The silver market performed reasonably well in 2016, with the price of the precious metal picking up more than $2 to close the year at $15.88 per ounce. That in turn helped boost the prospects for silver-tracking investments like the iShares Silver Trust

$XAGUSD Silver Always In Supply Deficit But Market Never Cares

Silver Always In Supply Deficit But Market Never Cares

Buz Investors XAGUSD Price of Silver The silver market performed reasonably well in 2016, with the price of the precious metal picking up more than $2 to close the year at $15.88 per ounce. That in turn helped boost the prospects for silver-tracking investments like the iShares Silver Trust

Silver

Buz Investors Silver Always In Supply Deficit  The precious metal is trading at $18.30 per ounce at 10:40 GMT this morning, marginally lower from the New York close. During the session, silver traded at a high of $18.39 per ounce and a low of $18.28 per ounce. In the New York session yesterday, silver fell 0.52% and closed at $18.31 per ounce. Immediate downside, the first support level is seen at $18.20 per ounce, while on the upside, the first resistance level is at $18.47 per ounce.




 

Other StoriesBuz Traders Follow

 Silver Always In Supply Deficit

Silver (NYSEARCA:SLV) is a physical market always in deficit, but the price doesn’t care.

I have been following the silver market for a long time, but don’t write or comment much about it. I am simply tired of hearing the same story and same numbers of how the market has been in supply deficit year after year so the price must rise.

It makes sense and normally markets react to supply and demand. The fact that silver never has except when it should not have clearly states to me that this market is broken and has some kind of weird underlying factor or misunderstood condition affecting it.

Do I know what it is?

To give the honest answer, nothing is certain but I have a theory. However, my gut tells me now is the time to buy. A little bird landed on my shoulder; my intuition says so. Let’s look at what I do know, or what available information that is in the public domain. Then I will conclude with a KISS.



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Oil prices rise as Saudi Arabia discusses supply cuts

Oil prices rise as Saudi Arabia discusses supply cuts

Oil prices rise as Saudi Arabia discusses supply cuts

Oil

  • Buz Investors Oil prices rise The commodity is trading at $53.27 per barrel at 10:40 GMT this morning, 0.15% lower from the New York close.
  • Crude oil witnessed a high of $53.42 per barrel and a low of $53.04 per barrel during the session. In the New Yor k session yesterday, crude oil rose 1.46% to close at $53.35 per barrel, after the API disclosed that US crude oil inventories fell more than expected by 7.4 million barrels last week.
  • Immediate downside, the first support level is seen at $52.47 per barrel, while on the upside, the first resistance level is at $53.75 per barrel.

Oil prices rise

Oil prices rise as Saudi Arabia discusses supply cuts

Oil prices rise Oil prices rose on Thursday after Saudi Arabia commenced talks with customers approximately a reduction in crude income to support a plan by way of OPEC to lessen worldwide supply.

The organization of the Petroleum Exporting countries promised in November to reduce output to help prop up charges.

under the deal, Saudi Arabia agreed to reduce output with the aid of 486,000 barrels consistent with day (bpd), or four.sixty one percent

Other Stories Buz Traders Share

Oil prices rise 

of its October output of 10.544 million bpd.
“Aramco is drawing close all its customers for viable cuts from February and discussing possibly (deliver) eventualities,” one source advised Reuters. “nothing is confirmed but,” the supply said, adding the situations have been for cuts of three-7 percent.

investors had been suspicious that OPEC won’t reduce as a good deal as promised, but numerous resources told Reuters on Thursday the arena’s largest oil exporter intended to lessen exports to conform with the OPEC cuts.

Benchmark Brent crude oil LCOc1 became up 45 cents a barrel at $fifty six.ninety one with the aid of 1225 GMT. U.S. mild crude oil CLc1 turned into up 40 cents a barrel at $fifty three.sixty six. both contracts rose by using around 2 percentage on Wednesday.

“There remains a query mark over whether OPEC, with an extended history of non-compliance, will surely comply with through (with the cuts). only a few respondents anticipate full compliance,” Singapore exchange (SGX) said on Thursday, citing outcomes from a survey of its individuals.

“three-quarters of those surveyed went for (crude) expenses averaging within the contemporary $50-$60 a barrel variety (for 2017),” SGX introduced.

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