In Part 1 of this blog, I discussed the aftermath of falling crude oil prices on the North American crude derivatives (RBOB gasoline and heating oil). Apart from the obvious conclusion that the decline of WTI and Brent was mirrored by the North American distillate benchmarks, I also showed that Brent crude oil plays a […]
The global oversupply of crude oil, partly caused by the US shale boom, has already pushed the prices of Brent and Western Texas Intermediate (WTI) to their lowest in three years. Undoubtedly, the decline of both benchmarks by more than 20% in the past three months will have a prominent effect on the refining industry, […]
Banks have always been among the most regulated institutions; however, the year 2008 showed that “the most regulated” doesn’t necessarily mean “regulated enough.” Shortly after the recession, the financial sector experienced a regulatory crackdown from Dodd-Frank, the Foreign Account Tax Compliance Act, and Basel II and III among others, all of which imposed rigid requirements […]
Technical analysis has always been a powerful tool for natural gas traders. Technical analysis, which helps forecast the direction of commodity prices through the study of historical price data, differs from fundamental analysis, which examines the influence of related economic and financial factors such as weather and gas inventories on prices. If fundamental analysis helps […]