 |
Louisiana Light • 2 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 11 mins | 2.738 | +0.013 | +0.46% |
|
Bonny Light • 1 day | 88.87 | +0.67 | +0.76% | ||
|
Girassol • 1 day | 89.45 | +0.81 | +0.91% | ||
|
Opec Basket • 2 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 50 mins | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 50 mins | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 50 mins | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 50 mins | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 2 days | 79.33 | -0.29 | -0.36% | ||
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Oklahoma Sweet • 5 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 5 days | 87.31 | +0.41 | +0.47% |
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Finance / the Economy
Earth’s Limits: Why Growth Won’t Return
The 2008 crude oil price, $147 per barrel, shattered the global economy. The “invisible hand” of economics became the invisible fist, pounding down world economic growth to match the limitations…
Why Jim Chanos is Wrong About China
Hedge fund titan, Jim Chanos, is well known for his extremely bearish views on China. He says that the cracks are spreading on the façade, real estate sales are falling,…
Breakfast With Fed Governor Bob McTeer
No one can explain the most complex economic and monetary issues in a simpler, more homespun fashion than former governor of the Federal Reserve, Bob McTeer. He is known for…
Japan: Here Comes the "V"
I received a call from a friend in Osaka last night. It was scratchy, kept cutting in and out, and was barely comprehensible. There are so many companies attempting to…
Global Shipping Industry the Latest Casualty of Japans Nuclear Disaster
Radiation fears have begun to play havoc with the global shipping industry, in which Japan is a key player on several levels. Fearing the potential impact on crews, cargo and…
State Led Corruption in Russia
The highly publicized cases of Sergei Magnitsky -- a 37-year-old lawyer who died in pretrial detention in November 2009 after exposing a multimillion-dollar fraud against the Russian taxpayer -- and…
Japanese Reconstruction Investment Opportunities
As destructive as the Japanese tsunami has been, it may have left some investment pearls in its wake. It has suddenly made available some of the country’s best of breed,…
How US Job Losses Will End
I am not in the habit of regularly lifting data out of the Wall Street Journal, but even a blind squirrel occasionally finds an acorn. I was tempted by the…
Criticism of US Dollar Hegemony Getting Louder
The performance of the US dollar constitutes a central determining factor for the development of the oil price. The criticism of the US dollar hegemony is getting louder on a…
Too Early to Estimate Economic Cost of Japanese Earthquake
As Japan reels from the human catastrophe of the earthquake and tsunami that struck on Friday, the insurance industry said it is too early to estimate the economic losses. On…
Rampant Wage Inflation Strikes China
I rely on hundreds of “moles” around the world whose job it is to watch a single, but important indicator for the world economy. One of them checks for me…
A Chinese "Black Swan"
According to an old saying on the stock exchange, “if the USA sneezes, the rest of the world catches a cold”. But in the meantime it would seem as if…
Money and Reserves
I wanted to offer some clarification on stories about all the money that the Federal Reserve is supposedly printing. It depends, I guess, on your definition of "money." And your…
The Global Economy: What Next?
4XP foresees much on the financial front of 2011. The previous financial year really did witness a lot of ground-breaking events from the global economy. Oil prices rose from right…
Reading the Nonfarm Payroll Tea Leaves
Lifetime followers of the monthly nonfarm payroll report were more than a little amused by the Friday numbers, which could not have been more contradictory, conflicting, and confusing. The headline…
A Look At Oil Rich Venezuela’s Shrinking Economy
In booming South America, oil-rich Venezuela is the exception: the continent's only shrinking economy in 2010. Officials are rationing hard currency. Government takeovers of private businesses are increasing. One prominent…
Egypt’s Problems and Their Affect on the Rest of the World
We have all been reading about Egypt in the newspapers, and wonder what is behind their problems. Let me offer a few insights. At least part of Egypt’s problem is…
A Look at Pakistan’s Deep Economic Weaknesses
In a recent White House meeting with President Asif Ali Zadari of Pakistan, US President Barack Obama underscored the importance of the US-Pakistani relationship and emphasized continued US support for…
Is Now a Good Time to Pay Down Your Debts?
The question of whether a person should pay down debts comes up often, when there are forecasts that suggest unemployment rates and consequently debt defaults will rise dramatically in future…
The Difficulties of Investing in China
As China President Hu Jintao visits President Obama and the rest of the US, most of the attention will be focused -- in our view, wrongly -- on the dollar…
