The leading economics blog online covering financial issues, geopolitics and trading.
Having collapsed to record lows last week, NatGas futures have soared almost 40% as record warm temperatures in the Northeast (and a record glut) have…
“Two things become clear in an analysis of the financial health of U.S. hydrocarbon production: 1) the sector is not at all homogenous, exhibiting a…
On Thursday, Turkish PM Ahmet Davutoglu said the following about Russia’s allegations that Turkey and more specifically, President Recep Tayyip Erdogan and his family, are…
If you frequent these pages, you’re probably well aware that the Saudis are in trouble.Exactly a year ago, Riyadh decided to embark on an epic…
Some have suggested Vladimir Putin's first retaliation for the Turkish shooting down of a Russian fighter jet would be to cut off gas supplies. With…
The lull in drilling has given oil companies more time to scrutinize their operations -- and their losses. As Bloomberg reports, during booms "they are…
Just when you thought it couldn't get any worse - amid supply gluts, production surges, market share scrambles, and demand disappointment - it does. OPEC…
After some initial excitement, November has seen crude oil prices collapse back towards cycle lows amid demand doubts (e.g. slumping China oil imports, overflowing Chinese…
Last week, in the wake of S&P’s downgrade of Saudi Arabia and an IMF report which suggests that a number of Mid-East producers will be…
With oil exports to Europe having slipped from 13 percent of Saudi's total to just 10 percent in the last six months, The FT reports,…
A few weeks ago, the IMF said something that, although it should have been obvious, seemed to surprise quite a few people. Here’s the quote…
Back in January, in the aftermath of the first plunge in commodity prices, and oil in particular, oil major Chevron had the unsavory distinction of…
Earlier this week, Saudi foreign minister Adel al-Jubeir had the following message for Tehran: "We wish that Iran would change its policies and stop meddling…
As WTI Crude tests new lows this morning (Dec contract $45.32) after API reported a huge build...Brent resumes downward trend, briefly dips below $48 to…
Any weakening of Russian support for Mr. Assad could be one of the first signs that the recent tumult in the oil market is having…
Industrial Production growth in The U.S. has now slowed for 10 straight months, rising just 0.4 percent YoY in September - the weakest growth since…
One of the truly interesting things about Iran’s stepped up involvement in Syria (be it through Tehran’s various Shiite militias, the Quds, or most visibly,…
As the Emerging Market world looks on helplessly while Saudi Arabia’s war with the U.S. shale complex (and, by extension, with the Fed) serves to…
With LNG supply set to increase meaningfully over the next few years, JPMorgan sees a buyer's market until 2020 with limited new long term contracts…
The global commodity collapse is finally starting to take its toll on what China truly cares about: the employment of the tens of millions of…