Awash in oil

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 that absorbs billions of data points...

OPEC & oil prices

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.  But there are...

Delta’s profits are a guide

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 here’s the big driver to...