I am in the uncomfortable position of having my crude oil trading book cited on a pro-Scottish Independence campaign website, http://www.wealthynation.org/a-letter-to-the-first-minister/. This despite the fact that I have been tying myself in knots for weeks trying to avoid giving an opinion on whether I am...
The new and tighter financial regulation that has been introduced gradually since the banking crisis, such as Dodd frank and EMIR, is having the well-publicised consequence that US and European banks are withdrawing from providing market-making and financing services in the independent E&P and refining...
The price of oil has always been as much about logistics as it is about oil supply and demand. We have had a few salutary reminders of this fact in recent weeks. There are two pipelines that are attracting particular attention at the moment: The 1.6...
The wonderful Argus Annual summer party took place on 11th June at the Kensington Roof Gardens, giving the oil trading community a great opportunity to discuss the horror unfolding in Iraq. Any regular readers of this blog will know that I do not “do politics”,...
