Patricia Mohr
Patricia Mohr
base metals number prices uncharted
The prices right now for a number of the base metals are really in uncharted territory.
arabia attack crude decision decline gas key last light linked lower natural nigeria nuclear offset oil premium prices recent research result resume rising risk terrorist warm weather winter
Oil & Gas was the only sub-component to decline last month. Rising 'geopolitical risk premiums' for light crude oil - linked to recent unrest in Nigeria and international tensions over Iran's decision to resume nuclear research - were more than offset by sharply lower natural gas and propane prices - the result of exceptionally warm winter weather in key U.S. heating oil markets. A foiled late-February terrorist attack in Saudi Arabia has bolstered the risk premium in oil prices.
china conclude crude excellent export japan outlet outlets suggest
What I conclude from this is that we need another export outlet for our crude oil. I suggest China and Japan would be excellent outlets for some of this crude.