• 3 hours ELN Attacks Another Colombian Pipeline As Ceasefire Ceases
  • 8 hours Shell Buys 43.8% Stake In Silicon Ranch Solar
  • 12 hours Saudis To Award Nuclear Power Contracts In December
  • 15 hours Shell Approves Its First North Sea Oil Project In Six Years
  • 16 hours China Unlikely To Maintain Record Oil Product Exports
  • 17 hours Australia Solar Power Additions Hit Record In 2017
  • 18 hours Morocco Prepares $4.6B Gas Project Tender
  • 21 hours Iranian Oil Tanker Sinks After Second Explosion
  • 3 days Russia To Discuss Possible Exit From OPEC Deal
  • 3 days Iranian Oil Tanker Drifts Into Japanese Waters As Fires Rage On
  • 4 days Kenya Cuts Share Of Oil Revenues To Local Communities
  • 4 days IEA: $65-70 Oil Could Cause Surge In U.S. Shale Production
  • 4 days Russia’s Lukoil May Sell 20% In Oil Trader Litasco
  • 4 days Falling Chinese Oil Imports Weigh On Prices
  • 4 days Shell Considers Buying Dutch Green Energy Supplier
  • 4 days Wind And Solar Prices Continue To Fall
  • 4 days Residents Flee After Nigeria Gas Company Pipeline Explodes
  • 5 days Venezuela To Pre-Mine Petro For Release In 6-Weeks
  • 5 days Trump Says U.S. “Could Conceivably” Rejoin Paris Climate Accord
  • 5 days Saudis Shortlist New York, London, Hong Kong For Aramco IPO
  • 5 days Rigid EU Rules Makes ICE Move 245 Oil Futures Contracts To U.S.
  • 5 days Norway Reports Record Gas Sales To Europe In 2017
  • 5 days Trump’s Plan Makes 65 Billion BOE Available For Drilling
  • 5 days PetroChina’s Biggest Refinery Doubles Russian Pipeline Oil Intake
  • 5 days NYC Sues Five Oil Majors For Contributing To Climate Change
  • 6 days Saudi Aramco Looks To Secure $6B In Cheap Loans Before IPO
  • 6 days Shell Sells Stake In Iraqi Oil Field To Japan’s Itochu
  • 6 days Iranian Oil Tanker Explodes, Could Continue To Burn For A Month
  • 6 days Florida Gets An Oil Drilling Pass
  • 7 days Oil Prices Rise After API Reports Staggering Crude Oil Draw
  • 7 days Tesla Begins Mass Production Of Solar Shingles
  • 7 days EIA Boosts World Oil Demand Forecast For 2018 By 100,000 Bpd
  • 7 days Businessman Seeks Sale Of $5.2B Stake In Kazakhstan Oil Field
  • 7 days Exxon Accuses California Of Climate Change Hypocrisy
  • 7 days Norway’s Recovering Oil Industry Resumes Hiring
  • 7 days $2.3 Million Seized Following Singapore Oil Heist
  • 7 days China Nears 2016 Carbon Emissions Target
  • 7 days Oil Companies Respond Slow To New U.S. Lease Plan
  • 7 days Maduro To Issue First 100 Million Petros Despite Skeptics
  • 8 days Iraq Bans Kurdish Firm From Operating Kirkuk Oil Fields
Alt Text

Will Oil And Gold Prices Rise This Year?

Both gold prices and oil…

Alt Text

How Long Will The Lithium Rush Last?

As the race to secure…

Alt Text

Don’t Expect Palladium Prices To Plunge

Palladium has recently soared to…

Coffee Perks Up

Coffee Perks Up

Coffee prices rocketed to a seven month high last week after the International Coffee Organization published a report predicting a serious decline in global supplies this year.

Exports from Vietnam (VNM), the world's largest supplier of low grade coffee, will be off 20%.

Poor weather is causing sales to plunge 10% in the number two source, Indonesia (IDX).

Reports of a cold snap in Brazil have also given a jolt to prices. At the same time, demand from China, where else, is soaring as trendy young consumers rush to adopt new western addictions.

coffee prices

Although it has been long in coming, my prediction that coffee futures would become the next hedge fund playground has finally materialized, and the ETN (JO), has taken off like a scalded chimp.

Looks like my expensive Starbucks habit is finally going to pay off.

Article courtesy of: The Mad Hedge Fund Trader




Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News