John Mickelthwaite and others at Bloomberg do an excellent job explaining Saudi Arabia's plan for a sovereign mega fund:
Oil slips… Reuters
Good commentary in a short piece from Reuters: http://mobile.reuters.com/article/GCA-Commodities/idUSKCN0X4029?il=0 "Oil exports from Iraq's
Bear market….
in NY City taxi medallions... The "Über Effect", from Carpe Diem: https://www.aei.org/publication/wednesday-afternoon-links-27/
US Oil Production
I was looking at the production numbers in the current Weekly Petroleum Status Report (http://ir.eia.gov/wpsr/overview.pdf) and noticed that the four
Cushing oil glut up close… Reuters…
I'm not sure Cushing, Oklahoma will ever make it into the book, "1,000 Places to Visit Before You Die", but after reading this article, I'll put it on
Northeast power, natural gas prices…EIA
The EIA does an excellent job examining winter power and natural gas prices in the Northeast here:
Oxy CEO, Stephen Chazen on CNBC..
Here are some takeaways from this morning's interview with Stephen Chazen, CEO, Occidental Petroleum (http://data.cnbc.com/quotes/OXY): "Asset
World’s cheapest stock markets…The Telegraph, via Ritholz…
Based on three measures, price/earnings, CAPE, and price/book, The Telegraph ranks world equity markets from cheap to expensive: Here is the link
WTI spread option volume is soaring…
Volume in options on one month WTI spreads (symbols WA and 7A) soared in March to 22,459 contracts per day, up 57% from March of last year... Year to