Significant news from Cuba over the past 24 hours. The trickle-down impact of US-Venezuela friction is spreading across the Caribbean. The impact goes far beyond the “Gulf of America”. The Crisis – Scale and Timeline NOTAMs were issued February 8,…
Crude oil exports to Asia from the US, Brazil and the North Sea have jumped 55% in the first four months of 2017, according to the latest figures from Vortexa, the oil markets analytics platform. Vortexa is an analytics platform…
Two Reuters articles are recommended reading prior to our story here. First this one, which describes how OPEC is having a tough time curbing production. The previous swing producer, Saudi Arabia, says these cuts are only needed for six months. …
Delta announced its 4Q15 numbers and they were very good. Operating revenues came in at $9,502m and adjusted pre-tax income jumped 42% year over year. Delta missed its targets and there has been some negative chatter about this. But…
As oil prices slump, there are a number of sources that offer explanations of what might happen. The IMF has a good one, as does Chase. Generally there is a concern that major oil source nations in the Middle East…
Reports that oil is falling through the $30 threshold and may even fall to $20 per barrel does not bode well for Middle Eastern economies. The situation in Saudi Arabia is so tenuous that the Kingdom is considering an IPO…