February 2010

The Crude Oil Price debate…

An exceedingly well laid out piece on the direction of oil prices on the DesiBackToDesh blog. Reproduced the conclusion here with permission. To answer the directional question on crude oil prices one needs to form a view on the following drivers and the following countries: What is the outlook of the global economy? If you…Read more

Energy Review – The China Market

A.1.    Overview Despite the economic downturn in 2007, which saw China’s GDP growth decline by more than half from around 13% in 2007 to around 6% in the first quarter of 2009, its demand for energy remains high. In 2006 China was the world’s third largest net importer of oil which is in stark contrast to…Read more

Crude Oil Update – June 2009

(Analyst Note: Once again a dated note but with very relevant product, consumption and trends data) The spot price of West Texas Intermediate (WTI) crude oil remained in the neighborhood of $70 / bbl through most of June peaking at $72.69 / bbl. World oil consumption compared with the prior year was down an average…Read more

The Crude Palm Oil Contract – FCPO

The Crude Palm Oil Future Contract trades on Bursa Malaysia and is the primary hedging tool for managing and offsetting Crude Palm Oil exposure Data Details Source Remarks FCPO Crude Palm Oil Futures, RM per metric ton Bursa Malaysia Futures settlement prices for spot month and next one-six month contracts   FCPO Price levels and…Read more