Executive Summary Petrocurrencies Have Lagged Terms Of Trade Petrocurrencies have lagged the surge in crude prices. This has been specific to the currency space since energy stocks have been in an epic bull market.Both cyclical and…
Due to travel commitments, there will be no Counterpoint report next week. Instead, we will send you a timely update and analysis of the Ukraine Crisis written by my colleague Matt Gertken, BCA Chief Geopolitical Strategist. Executive…
The price of a barrel of Brent crude oil climbed more than 7% to $116 on Monday. The big move higher highlights that geopolitics continues to inject supply uncertainty which is driving up the risk premium priced into oil markets…
Executive Summary Higher Prices Expected Global oil supply will move lower for a few months, until shipping can be re-routed and re-priced in response to sanctions against Russian oil producers and refiners. In the…
Executive Summary Euro Natgas Soars; LME Nickel Squeezed Russian Energy Minister Alexander Novak's threat to halt shipmentsof natgas on Nord Stream 1 to Europe lifted European gas prices 25% overnight, and will…
Executive Summary US Can Do Without Russia's Oil, EU, NATO … Not So Much The US will ban Russian oil imports shortly. This is not as big a deal markets had feared over the weekend, when news of a possible ban of…