Inflationary Pressures in Europe Pushes ECB to Raise Rates The ECB raised interest rates as expected to help prevent an energy-price shock from the Iran war to prevent broader inflation across the euro zone. While inflation and growth forecasts were…
What are the expected supply cuts in the upcoming OPEC meeting? The role of Saudi Arabia, a prominent member of OPEC, is expected to be pivotal in any proposed supply cuts during the upcoming meeting. The market is closely observing…
Surging Oil Prices and Analysis of Oil Stocks Oil Prices and Oil Stocks have been a topic of intense discussion and analysis in recent times. The volatility in the energy sector and the invasion of Ukraine have had a significant…
Russia is now reacting from the recent success of the Ukranians in capturing territory in the northern front. The Ukrainian plan was executed with the help of the Americans and British in terms of planning and suceeded beyond expectations.™ Putin…
We have taken a speculative position on the OPEC meeting in November. There are arguments for both a deal and also a no-deal scenario. I will briefly discuss both scenarios, then provide what our view is and why. First, the…
The Doha Meeting will impact oil prices for 2016. Many analyst are confused at what will transpire at this meeting. There seems to be a weak view building that the meeting will produce some type of agreement but lots…
Oil Forecast An oil price recovery is the key to a commodity rebound since oil is priced in dollars and it is an input into commodity production. The continuation of economic stimulus programs in the EU, Japan and China bodes…
Russian geopolitics in the Mediterranean are wider than Syria. In our previous article, Syrian End Game, we discussed the reasons behind the recent Russian intervention in Syria. Essentially, the Russians need to protect their only naval base in the Mediterranean…
News of Oil stored on ships (floating storage) puts more downward pressure on oil prices in the short-term. In addition, onshore oil storage are at all times highs, Chinese demand has fallen plus the Saudi decision to keep pumping oil…
The bad news for oil keeps piling on. Oil has fallen for three out of the last four weeks and the number of oil rigs in the US according to Baker Hughes keep falling – 10th straight week. Is there…
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