By hellenicshippingnews Oil traded near a one-month high after OPEC's surprise decision to trim output for the first time in eight years. Futures were little changed in New York after surging 7 percent in the last two days. The Organization of Petroleum Exporting Countries agreed to cut production to a range of 32.5 million to […]

Oil price With Brent expiring at the close of business tonight there was little incentive to push it through 50 bucks yesterday and sure enough it peaked at 49.81 and drifted off to the close. Given Read full story › Source:: Oil Voice       

By hellenicshippingnews Today, OPEC agreed that its members must consider capping oil production in late November at the regularly scheduled OPEC meeting. Now may be a good time for investors to consider shorting oil. The media is announcing this as an “agreement” or “understanding” on an oil freeze. This is not true. It is an […]

This is the fifth and final article in a series that takes a critical look at the application of financial regulation to the commodity market. We foresee a problem down the road when the regulators begin to assimilate the hecatombs of new data that will be reported to them by Dodd Frank Swap Data Repositories […]