Category Archives: Politics
US retreat from the Middle East opens the door to more Russian involvement and influence
A New World Order? Putin’s Russia, Syria, Iran, The Middle East and Oil..
On SeekingAlpha.com -The Peoples Bank of China Selling U.S. Treasuries Is Not ‘QT.’ Quite The Opposite…
New Cairo to develop at expense of rest of Egypt? – Interview with World Finance
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Is ISIS a threat to Saudi Oil Fields?!
Kurdish Peshmerga move into Kirkuk countering Islamic extremist moving down from Mosul
Saudi Arabia, Iran and Oil prices
Crisis in Syria: Impact on regional oil exports
See my interview on CNBC with Brian Sullivan and Mandy Drury regarding the imminent US strike against Syria and potential impact on regional oil supplies. http://video.cnbc.com/gallery/?video=3000195128
Brent/WTI Crude Oil Spread – Complacency or Just Fundamentals??
COMPLACENCY OR JUST FUNDAMENTALS??
- Greatest risk level since early 2011 to sudden spread widening due to real or perceived supply disruption/ headline risk.
- Supply/demand fundamentals continue to pressure the WTI/Brent spread lower towards the long term average of +/- $5.
- As North American production continues to increase and replace imported oil increasingly the WTI/Brent spread will reflect and be contained to Brent oil price swings.
- OPEC continues to reduce production, $90 per barrel price acceptable to OPEC and OPEC expects increase in demand from improving economies in the second half of the year. Continue reading