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Latest news

Hedging contributions… EIA

The EIA’s always excellent “This Week In Petroleum” includes a very interesting chart showing hedging contributions to revenue for oil producers,

What spread traders know… The Fed

Spread traders are smarter and/or have better information than the rest of us?  I’m not sure I’ll get to read the whole thing, but I’m guessing that

Chevron/Anadarko… Financial Times

Ed Crooks, Financial Times, quoting Jarand Rystad, here... “Jarand Rystad, the firm’s founder and chief executive, argues that the large companies