Weekend News 24Sep

The Brent-WTI spread closed higher last week at/near $18.46
while the Brent-WTI correlation declined only slightly.
USDollar-WTI correlation once again moved
back toward non-correlation (-.98 to -.29).
Graphics
Central Banks
Geo-Politics
  • Help The Poor & Middle Class, Encourage Deflation. (Of Two Minds)
  • Can Saudi Arabia Really Lower US Gas Prices Ahead Of Election? (Zerohedge)
  • As China-Japan Conflict Escalates, Whom Will US Support? (Zerohedge)
  • US Warns Brazil On Tariffs, Gets Rebuked. (Reuters)
Supply/Demand & Markets
  • BP Proposed Buying Russia Rosneft Stake. (Reuters)
  • Shell Cleared To Drill In Alsaka's Beaufort Sea. (Telegraph)