From Jeff Currie, Goldman via Bloomberg: "While international oil companies have curtailed capital expenditures, investments made when oil was over
Iran Exports Hit 5 Year High… Reuters
There was some talk that Iran's oil production had plateaued... Perhaps not: "August crude exports from Iran excluding condensate roughly doubled
GDPNow forecast reduced to +3.0, down .3…
Based on Thursday's economic data, the Atlanta Fed's GDP model has been revised downward by .3 percentage points: "The GDPNow model forecast for real
Good times over for global bonds? …. WSJ
Richard Barley in today's Wall Street Journal suggests the good times are over for global bonds: "The days of bond nirvana, where seemingly every
Money flowing into commodities… The Economist
but this time spec money is not long only: "The last time investment flowed heavily into commodities was at the tail end of the China-led supercycle,
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Myths and realities of infrastructure spending… Glaeser
Infrastructure spending has become a favorite solution to sluggish economic growth... Ed Glaeser discusses myths and realities in an excellent
Saudi Bid on a Houston Oil Refinery… NY Times
The NY Times reports that the Saudis are bidding on Lyondell's Houston refinery: "The Saudi national oil company is making a bid to significantly
Highlights from IEA’s Oil Market Report…
The IEA released its monthly Oil Market Report... here are some highlights: "Global oil demand growth is slowing at a faster pace than initially