Latest in Hot Commodities

Hot Commodities

Hot Commodities: Dropping Bombs, in Oil Market Terms

The Saudi decision to flood the oil market—otherwise known as the oil price rollercoaster we are currently riding—is what Andrew Scott Cooper calls the “oil trade’s equivalent of dropping a bomb on a rival.” However, while the prevailing wisdom holds that the rival is (now suffering) U.S. shale producers, Cooper argues otherwise.

Hot Commodities

Hot Commodities: New Year, Same Problems

Picking up where last year left off, 2016 has seen sanctions lifted against Iran amid the implosion of Saudi-Iranian diplomatic relations while the first U.S. crude oil exports to Europe arrived amid the continued downward march of oil prices. Still to come is the highly anticipated first shipment of U.S. LNG exports from Cheniere’s Sabine Pass facility against the backdrop of questions about the future of European energy policy in the nascent Energy Union’s promised “Year of Delivery.”

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