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The Brent-WTI Spread closed the week at/near $20.18 after printing as high as $25.93 early in the week. This was likely more a function of the Brent contract roll than demand. As result, we saw a $5 decline in the spread by Friday. This can be considered a selling tail and foreboded downside potential into next week. |
- Earnings Forecasts: Over-Optimistic The Last 20Yrs. (Business Insider)
- Weekly Global Overview: China, US, et al. (Markit/Chris Williamson)
- EU Leaders Agree On Eurozone Banking Supervisor. (The Independent)
- Bernanke Speech At Tokyo IMF Meeting. (Federal Reserve)
- FOMC Preview. (FT Alpha)
- Banking Security, Zeus, And Targeted Attacks. (PC Magazine)
- Exxon Seeks To Quit Flagship Iraq Oil Project. (Reuters)
- Iraq Energy Outlook. (IEA)
- HFT Effect On Natural Gas Market. (WSJ)
- Dodd-Frank Poses Unique Challenges For Energy Firms. (MRV Associates/CME)