Posts Tagged ‘Opec’

0 Jan 19 @ 10:58am by Matt Smith in Crude Oil, Global Energy, Risk Strategy

The Analogy Strikes Back

Given the popularity of last week’s post linking natural gas to Star Wars, I figured I would try to be a one-trick pony squeeze as much mileage out of this one as I could. Since some readers were flabbergasted at the omission of certain characters, here are some new analogies, with the emphasis on the crude complex. » read more

0 Dec 22 @ 10:55am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, UK natural gas

Happy Holidays / Wowee What a Year!

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0 Nov 18 @ 10:55am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, Random

Burrito bites

Amazingly, the Friday before Thanksgiving creeps up on us with the stealth of a ninja. This week has brought more yadda yadda blah blah blah re Europe, as the domino rally of debt deterioration now reaches Spain (no bulls in sight), and funds flee from their bonds. Meanwhile, the US continues to see placatingly decent economic data (or maybe our expectations have just been beaten down…hmm, there’s a thought).  » read more

2 Sep 23 @ 10:55am by Matt Smith in Capital Markets, Crude Oil, Global Energy, Natural Gas, UK natural gas

Burrito bites

Happy Friday once again! Markets are staggering towards the end of the week, one which yielded a prompt month low for US natural gas ($3.66), and a sell-off in crude oil of epic proportions. Fear of a global downturn has been contained in recent weeks, but was toppled over like a gunpowder keg and the fuse unintentionally lit by the Federal Reserve, as their steps to calm markets and spur growth fell woefully short of expectations. Next week presents further fun and games with the return of Greek debt problems to the limelight, along with the risk of downbeat news out of the engine-room of the world, China. But for now, let’s chow: » read more

0 Jun 24 @ 10:58am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas

Burrito bites

Howdy! And an absolutely fantastically entertaining week has been played out in Commodityworld™, as the IEA (= US, UK, France, Germany, Japan and 23 other countries that aren’t in Opec) made a call somewhere out of left-field to pull 60 million barrels from strategic reserves to meet rising oil demand and the outage in Libya (which is code for prices are too high), while natty has slunk back to one-month lows on a whopper of an injection versus consensus for weekly storage. Next week brings July along with it, but for now- let’s chow: » read more