Who will speak for the Kingdom? Bloomberg’ 21st April piece on His Royal Highness Prince Mohammad bin Salman (MBS) makes for an interesting read. It is the latest in a series of profiles that paint a portrait of the prince with unfettered access (for the
5 Signals from Doha. Did we get any trading signals from the meeting of oil producers in Doha this Sunday? 1. Who is behind the driving wheels in Saudi Arabia? It is official if you had any lingering doubts. Deputy Crown Prince Mohammad bin Salman is now
US Rig productivity, rig count and US oil production. Relationship or paradox? Pick up any news source and every week for the last few weeks you will see a mention of the steep decline in US rig counts beginning November 2014. From validating the Saudi oil
Doha Oil Output Freeze talks. 7 Questions for Oil trading playbook in April. On April 17th 2016 a dozen key oil producers, OPEC members and non-members, will meet in Doha, Qatar to discuss the future of oil prices. The big item on the table is
Using Copulas to Model spread between crude oil blends. Brent is the European crude oil blend. WTI is the North American pricing benchmark for crude oil. While Brent is used to price bulk of the crude oil cargoes purchased and sold across the world, WTI
Iran oil economy. Nowroz comes to Tehran. Nowroz, the Persian New Year arrives 21st March. As Tehran shrugs off a mild winter there is optimism about coming months. Iran’s journey on the road of isolation ended in December 2015. The flurry of activity it triggered is
Saudi oil strategy. How low can they go? The opinion on Saudi oil strategy is divided. Planned mayhem and chaos in exchange for market share versus an over played hand. While we may all have some beef with Saudi Arabia, smart money when it comes to
Russian roulette. Oil prices and Russia. All is apparently not well in Moscow. After two years of isolation, internal belt tightening and months of unabated oil price declines, the Russian economy is struggling to answer a core question. How do you bridge the gap between
Oil prices and China. The key question that we need to answer is not if the Chinese economy is slowing down. It is how China is going to drive crude oil demand for the next two years. If and when the Chinese dragon roll, which direction
The knives are out in the oil market. It has been an interesting twelve months. Between bottoms, volatility, rumors and market shifts we have seen many interesting plays at work when it comes to trading crude oil. Depending on who you speak with, low crude