Which Presidential Frontrunner Is The Best For Energy?
Submitted by Jessica Ruane via OilPrice.com,
You are here
oil
Bear Market Rally Fizzles: Global Stocks Down On BOJ Disappointment; Oil Slides For 2nd Day
Was that it for the great February/March bear market rally?
The Liquidity Endgame Begins: Whiting's Revolver Cut By $1.2 Billion As Banks Start Slashing Credit Lines
Earlier today we reminded readers about the circular (and why note fraudulent conveyance) scheme hatched by JPMorgan to reduce its secured loan exposure to Weatherford, when just two weeks ago none other than JPM underwrote an WFT equity offering in which it sold equity in the company, and which proceeds were promptly used by the company to repay the JPMorgan revolver.
"It's The Q2 2015 Rally All Over Again" - Morgan Stanley Warns Big Oil Drop Imminent Due To "Rampant Hedging"
One week ago, the market was disappointed when Goldman's head commodity strategist, Jeffrey Currie poined out the obvious, namely that the higher the price of oil rises, the greater the probability it will tumble shortly, as a result of recently shut off production going back online. To wit:
Energy Wars Of Attrition - The Irony Of Oil Abundance
Authored by Michael Klare via TomDispatch.com,