More trade sanctions today–this time it’s Russia (with big implications for global oil supply)
The United States has imposed new sanctions on Russia as punishment for that country's use of nerve agents in a March 4 attack on former spy Sergei Skripal and his daughter in the United Kingdom. The sanctions are required under the 1991 Chemical and Biological...
Saturday Night Quarterback (on Memorial Day) says, For the week ahead expect…
I expect the slide in oil prices to continue as speculation runs amok ahead of the June 22 OPEC meeting on production limits. This past week has seen oil give back just about all of its earlier recent gains. From May 21 through May 28 the futures contract for U.S. benchmark West Texas Intermediate for July delivery dropped 8.1% to $66.36 a barrel. From May 23 to May 28 the futures contract for international benchmark Brent crude for July delivery fell 5.7% to $75.22 a barrel.
6 more points for my A-W investor’s guide to the post-Trump victory financial landscape
The problem with trying to put together a comprehensive guide to the likely investment impacts of a Trump administration on the fly in the day after the election is that you inevitably leave stuff out. This being the Internet, however, it’s easy to add on to that post. Here are the six points that I forget to make yesterday. I’m posting them here separately and also folding them into last night’s post so that guide will be in not complete at least completer. The six items are China, Rudy Giuliani, Oil, Russia, Tax repatriation, and War.
Higher oil prices kill OPEC/Russia production freeze talks
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...An end to the oil glut? From Russia? In 2017?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Oil, U.S. stocks, and Shanghai don’t seem on the same page at the moment
Oil prices surged on “news” that Russia and OPEC members would meet in February to coordinate a cut to oil production. Now it looks like there were never any plans for a meeting, but oil is still strongly ahead
Junk ratings for Petrobras and Russia next result of oil price plunge?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...But, President Putin, how does the Russian bear feel about a credit crunch?
For global financial markets the worries are in the areas that Russian President Vladimir Putin either didn’t address at all in his three-hour press conference or where his remarks actually increased concern.
Why global markets are so afraid of what’s happening in Russia
Russia’s troubles have become a key mechanism for turning the bear market in oil into a bear market for stocks, bonds, and currencies in emerging markets because of the country’s recent financial history
War in the Ukraine by another name
Everything is in motion this morning as the conflict in Ukraine moved toward an all-out, but thoroughly denied, invasion of the east of the country by Russian troops, tanks, and artillery.
Fear over Ukraine retreats just enough for traders to notice news out of China
Russian troops, jets, and tanks withdrew to their bases in Russia from the country’s border with the Ukraine. Russian forces remain firmly in control of the Crimea, but the end of military exercises on the Ukrainian border has taken some of the fear out of global financial markets. And that has left traders with just enough bandwidth to notice negative news out of China.
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