OPEC bites the bullet
17th October 2008 by

Events have moved quickly in oil markets in recent days. Last week, when oil was at $80/bbl, the blo...

Recession almost certainly now underway
16th October 2008 by

Asian naphtha spreads versus crude oil have fallen to all-time lows. Dubai crude was reported at c$8...

OPEC tries to hold $70/bbl oil
15th October 2008 by

OPEC has called an emergency meeting for 18 November to discuss measures to combat collapsing oil pr...

OPEC says oil market ‘over-supplied’
10th September 2008 by

This morning, the blog is awarding itself a pat on the back. This is because, almost alone, it forec...

‘The price of all assets will go down’
7th September 2008 by

‘Deleveraging’ is an ugly word, and it has ugly implications. Bill Gross of Pimco, who m...

August highlights
1st September 2008 by

Many readers have been out of the office during August on a well-deserved break. I am therefore high...

Oil prices – the Iran factor
13th July 2008 by

Oil price movements are now dominated by the Iranian nuclear issue. Last month, they jumped $10/bbl ...

Israel’s training exercise worries oil markets
24th June 2008 by

The US has now confirmed what oil traders have been suspecting – that Israel is preparing for ...

‘Roll-through’ pricing reappears
18th June 2008 by

Linda Naylor, ICIS’s polymers guru, has just written a market analysis that took me straight b...

Monday, Monday
17th June 2008 by

Monday, Monday, can’t trust that day Monday, Monday, sometimes it just turns out that way Oh M...

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