As Goldman famously declared on Sunday night when it boosted its near-term oil prices targets (while cutting its 2017 estimates as a result of what it admits will be a delayed rebalancing of the oil market), the biggest upside risk to oil over the next months remains the threat from unexpected supply disruptions...
Reader Anna Salyi, a Catholic in Hungary, sends two great e-mails. I publish them with her permission:
David Cameron claims that Russian President Vladimir Putin and Abu Bakr al-Baghdadi, the self-proclaimed leader of ISIS would both be happy if Britain were to leave the European Union.. The British prime minister made his comments to reporters on Tuesday following a speech at Mansion House organized by the World Economic Forum, which was aimed at bolstering arguments for remaining in the EU. Cameron’s claim comes a week after suggesting that a Brexit vote on June 23 could lead to World War Three breaking out in Europe.
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Over the past year, Germany has gone to great lengths in its attempt to culturally integrate the hundreds of thousands of middle-eastern refugees that entered the nation as a result of Angela Markel's now defunct overly welcoming immigrant policies.