Since hitting bottom at $42 last summer, West Texas Intermediate (WTI) oil has staged an impressive comeback to trade in the $60-$76 band. Even more impressive is that it is pulling away from almost all other major commodities. How sustainable is this uptrend? … More Oil Market Goldilocks – Eight Things to Watch
Equity markets in January feels like a long time ago when new highs were posted day after day. Then things got interesting in February. … More The Kraken Goes Back to Sleep – For Now
The upcoming OPEC meeting promises to be the most interesting one since 2016. Why? … More Is The Upcoming OPEC Meeting Going to Change Anything?
Trump’s decision on May 8 to pull out of the Iran nuclear deal will have far reaching impacts. The decision has never been far from the realm of possibility but it is somewhat surprising he did not leave room for negotiating a “better deal”. … More The Second Order Effect of Iran Nuclear Deal Unraveling