Clik here to view.
The Yawning Chasm of What We Know We Don’t Know
The primary challenge of trying to unravel wholesale finance is the innumerable and often impenetrable layers. Making important distinctions is quite tricky, as you have to account for additional...
View ArticleClik here to view.
What Can Yellen Really Do?
For one, eurodollar futures are “obliged” to take account of any threats from the FOMC even though, in the end, they might only be self-fulfilling. Because the Fed has very little actual ability to...
View ArticleClik here to view.
Math Is Money Is Physical Oil
Crude oil prices are being slammed again today, as the “dollar” continues to reek about the places where economy and finance come together. Crude oil is perhaps the most visible extension of that...
View ArticleClik here to view.
Fundamental About Oil
The front month WTI futures contract traded as low as $27.27 this morning, a few dimes less than the low of January 20. Just three months out, however, the June 2016 contract is trading at $33.17 and...
View ArticleClik here to view.
Crude and Crude China Financials
Crude oil prices in the US have jumped back up to above $38 again, leading various financial correlations toward much less depressing interpretations (chiefly stocks). That in turn has allowed the...
View ArticleClik here to view.
Only One Oil Fundamental Factor
The fundamentals for crude oil continue to be atrocious. Production remains relatively stable if slightly reduced, which is about the only factor in favor of oil prices since the February 11 low. On...
View ArticleClik here to view.
Comprehensive Doubts
The underlying fundamentals of oil and energy remain highly negative. Oil prices have been supported by sentiment for some time now, but that hasn’t changed much from between under $30 to over $40 at...
View ArticleClik here to view.
The Narrative of Energy Inventories
While there is a direct relationship between the steepness of contango in the oil futures curve and the amount of crude siphoned from the market to storage, it is not an immediate one. When crude...
View ArticleClik here to view.
RIP: Oil ‘Supply Glut’
The most remarkable aspect of the WTI crude oil futures curve this month has been its amazing ability to maintain its shape no matter which direction or by how much. Previously, as “dollar” pressures...
View ArticleClik here to view.
All About Inventory
Andy Hall has been called the God of Oil. As chief of Astenbeck Capital, he has proven at times that even gods can be mortal. In the “rising dollar” period, for example, after making money on the way...
View ArticleClik here to view.
The Yawning Chasm of What We Know We Don’t Know
The primary challenge of trying to unravel wholesale finance is the innumerable and often impenetrable layers. Making important distinctions is quite tricky, as you have to account for additional...
View ArticleClik here to view.
What Can Yellen Really Do?
For one, eurodollar futures are “obliged” to take account of any threats from the FOMC even though, in the end, they might only be self-fulfilling. Because the Fed has very little actual ability to...
View ArticleClik here to view.
Math Is Money Is Physical Oil
Crude oil prices are being slammed again today, as the “dollar” continues to reek about the places where economy and finance come together. Crude oil is perhaps the most visible extension of that...
View ArticleClik here to view.
Fundamental About Oil
The front month WTI futures contract traded as low as $27.27 this morning, a few dimes less than the low of January 20. Just three months out, however, the June 2016 contract is trading at $33.17 and...
View ArticleClik here to view.
Crude and Crude China Financials
Crude oil prices in the US have jumped back up to above $38 again, leading various financial correlations toward much less depressing interpretations (chiefly stocks). That in turn has allowed the...
View ArticleClik here to view.
Only One Oil Fundamental Factor
The fundamentals for crude oil continue to be atrocious. Production remains relatively stable if slightly reduced, which is about the only factor in favor of oil prices since the February 11 low. On...
View ArticleClik here to view.
Comprehensive Doubts
The underlying fundamentals of oil and energy remain highly negative. Oil prices have been supported by sentiment for some time now, but that hasn’t changed much from between under $30 to over $40 at...
View ArticleClik here to view.
The Narrative of Energy Inventories
While there is a direct relationship between the steepness of contango in the oil futures curve and the amount of crude siphoned from the market to storage, it is not an immediate one. When crude...
View ArticleClik here to view.
RIP: Oil ‘Supply Glut’
The most remarkable aspect of the WTI crude oil futures curve this month has been its amazing ability to maintain its shape no matter which direction or by how much. Previously, as “dollar” pressures...
View ArticleClik here to view.
All About Inventory
Andy Hall has been called the God of Oil. As chief of Astenbeck Capital, he has proven at times that even gods can be mortal. In the “rising dollar” period, for example, after making money on the way...
View Article
