Here is Reuters: ”Riyadh and Moscow are prepared to ease output cuts to calm consumer worries about supply adequacy, their energy ministers said on
A conversation about hedging oil price risk…
As energy prices rally, we can get a sense of what large speculators are doing from the CFTC’s Commitment of Traders report. But what are hedgers
Venezuela sanctions bullish… WSJ
“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: