Energy
Germany Is Highly Sensitive To The Oil Price…
Dear Client, Owing to BCA’s 40th Annual Investment Conference in New York City next week, we will not be publishing a report on Friday, September 27. We will return to our regular publishing schedule on Friday, October 4, when we will be sending out our…
Feature News reports suggesting the U.S. agrees with the Kingdom of Saudi Arabia's (KSA) assessment that the unprecedented attacks on the Kingdom’s oil infrastructure over the weekend were conducted with Iranian weapons will keep markets in overdrive…
Dear Client, BCA’s New York conference takes place next week on September 26-27, and I look forward to meeting some of you there. Because of the conference, our next report will come out on October 3. Dhaval Joshi Highlights If the WTI crude oil…
Oil Supply Shocks And The U.S. Economy…
Following drone attacks on critical oil infrastructure in the Kingdom of Saudi Arabia (KSA) over the weekend, which removed ~ 5.7mm b/d of output, the U.S. is likely to conduct a limited retaliatory strike. In addition, the U.S. will continue to build up…
Following drone attacks on critical oil infrastructure in the Kingdom of Saudi Arabia (KSA) over the weekend, which removed ~ 5.7mm b/d of output, the U.S. is likely to conduct a limited retaliatory strike. In addition, the U.S. will continue to build up…
Markets Await Further News Re Saudi Output Losses…
Commodity demand appears to be turning up, based on our assessment of global industrial activity. As demand picks up, we expect industrial commodity prices will move higher (Chart of the Week, top panel). For all practical purposes, central banks and…
As the summer holidays become a memory, central banks globally are mobilizing to fight mounting recession risks. More than 30 at last count are busily easing financial conditions to boost growth (Chart of the Week). Going into 4Q19, this monetary stimulus –…