21 December 2023
All That Glitters, And Then Some
The Fed will not cut interest rates as aggressively as markets expect, but will again reiterate its intent to keep rates higher-for-longer. This will not undermine US GDP growth next year, although a...
09 November 2023
Higher For Longer Natgas Demand
Natural gas storage levels in the US and EU are sufficient to balance flowing supply and demand this winter, assuming normal weather. China continues to invest in domestic production, and to...
09 October 2023
Hamas’s Attack On Israel Threatens Higher Oil Prices
It is too early to determine whether Iran and its client Hezbollah helped plan and execute Hamas’s attacks on Israel over the weekend, as media reports declaim. 1 However, given the long-standing...
03 August 2023
Russian Oil Embargo?
Markets will start discounting a larger cut to Russian crude oil output going into 4Q23. How the endgame of Ukraine’s war unfolds and US presidential elections, which Russia will actively seek to...
