Energy
Will Iran Retaliate In Iraq…
Highlights So What? The Trump administration’s decision to apply maximum pressure to Iran fundamentally changes the investment landscape in 2019-20. Why? The impact of the Iran sanctions on a stand-alone basis can easily be handled given OPEC 2.0’s…
Highlights Oil & Bond Yields: Global growth indicators are starting to rebound, risk assets have returned to previous cyclical highs, and oil prices remain buoyant. This is a combination that will eventually result in rising global bond yields, but…
The upturn we anticipated in China’s industrial output in the wake of fiscal and monetary stimulus is becoming more visible. Accommodative central banks, along with a likely resolution of the Sino – U.S. trade war, will continue to be positive for Chinese…
Refinery Pessimism Is Misplaced…
Refinery Pessimism Is Misplaced…
Russia’s Threat Is A Feint…
Another Oil Shock Underway…
Highlights The political economy of oil will become even more complicated, following remarks by Russian Finance Minister Anton Siluanov over the weekend, which suggested policymakers there are considering another market-share war to crash prices to limit…
Takeout Premiums Are Back In E&P…