Search results

The -.50 bid was a mistake. Leave it to Business Insider (and apparently Oilprice.com) to publish a mistake as fact and a day late. OP is a pretty blatant plagiarism of the original Bloomberg article. The North Dakota Crude Oil That's Worth Almost Nothing

While the ERP is a good place to start (I have one), you will need do to quite a bit more research into the market, not to mention the $10 million required to spec.

You need $10mm to trade spec in OTC. $1mm to trade a hedge account.

It's over capacity in the shipping market. The Baltic index is not the world's pulse. This is the danger of ignorance. AIS tracking is limited to coastal areas. To say there are "no ships in transit anywhere in the world" is laughable and the epitome of not understanding your subject matter.

Sent.

Which FCM are you using to get access to these markets? Are you a Chinese national?

Crude / Global Energies

There is no easy answer to your question. The answer depends on your goals, on current vol levels, on the desired level of upside you would like to maintain, etc. etc. The ability to answer comes from years of experience and a study of the pros/cons of each medium.

The optionality is inherent in the asset. Storage can be filled or drawn down. A refinery can run different types of crude (heavy, light, sweet, sour; naphtha rich, distillate rich) and can be configured to extract varying degrees of product. There are literally thousands of inputs to...

1 of those is a strategy. The others are merely tactics.

An asset is always an advantage: inherent optionality. You can do better than that.

What exactly are you looking to learn?

Didn't take long for the relationship to reverse. Feb WTI is back over Brent.

Disappointed by the dilution, but delighted with the merger. Market fundamentals have weakened in the short term from Nigerian issues and Iran releasing some vessels from storage, but the FFA YTD average remains strong and the forward curve for the remainder of 2015 is healthy. I have also...

Of all the energy complex, I think LNG is the most over-valued energy source relative to everything else. The long side is still the riskier in my view.

Alittle late on the commentary, but VLCC freight rates fell in late July after Nigeria banned ~18% of the global fleet from entering its waters. A sudden surge in available supply has the effect one would expect on prices. While they gave no official reason for the ban, I suspect it had to do...

Georgia says Russia violating sovereignty with border markers

South Ossetia: the original Donbass. Tbilisi Says Russia’s Border Marking Activity in S.Ossetia Involves Portion of Baku-Supsa Pipeline Georgia to lay new pipeline in case of problems with Baku-Supsa

Events like this are the reason I have left the States.