“New U.S. sanctions on Venezuela’s oil production are expected to further crimp the country’s output and reduce global supply even more than sanctions
Geopolitics roil oil markets… WSJ
From Christopher Alessi and Alison Sider, WSJ, here... ”The victory of Venezuela’s far-left president, Nicolás Maduro, on Sunday in a race that was
Solar panels in California…
The Grumpy Economist has a go at the mandate, here... ”So why is California doing it? Grumpy free marketers tend to bemoan nitwit liberalism, but
Ruble vs. oil price… WSJ
The WSJ’s The Daily Shot, here, always has interesting charts and is worth looking into... Here is the Russian ruble/US dollar rate vs. oil prices:
The Rise of Shale… St. Louis Fed
From the St. Louis Fed’s The Rise of Shale, here...
World economic growth is slowing… The Economist
But don’t worry says The Economist here... ”Make no mistake: world growth has slowed, but it remains strong. Surveys of activity in China, America
Ethiopian Airlines CEO talks to the WSJ
Here is CEO Tewolde Gebremariam on hedging: Q: Have you been hedging fuel costs or currency exchange rates to insulate yourself from price
Distillate vs Gasoline…
From the EIA’s This Week in Petroleum, here are gasoline and distillate stocks compared to 5 year averages: Distillates are winning the race to
A downside to hedging… WSJ
Christopher M. Matthews and Bradley Olson of the WSJ wrote an excellent piece on why frackers are struggling to make money despite higher oil