logi Energy wants as many people as possible to read this article by Nouriel Roubina. Dr. Nouriel Roubini, professor of economics and international business at the Stern School of Business at NYU and chairman of RGE Monitor, is perhaps best known for his prescient predictions of the financial market collapse in 2005. Dr. Roubini will be the keynote speaker at […]
Dennis Mangan, Logi Energy, November 2: Crude Oil: This week we finally saw weakness return and closed down $3.50 at $77.00. We had a BUY SIGNAL and we have put on partial hedges at around the 25% level. Considering the current Crack Spreads, the Crude Oil is where we want to hedge. The Indicators changed direction and triggered a Buy […]
logi Energy recommends this article by Nouriel Roubina. Dr. Nouriel Roubini, professor of economics and international business at the Stern School of Business at NYU and chairman of RGE Monitor, is perhaps best known for his prescient predictions of the financial market collapse in 2005. Dr. Roubini will be the keynote speaker at IndexUniverse’s upcoming “Inside Commodities” conference on Nov. […]
Considering the Crack Spreads, the best place to Hedge is in the Crude Oil. Continue reading
Crude Oil: This week we closed up $2.75 at $72.04. We have a Sell Signal as of now. The market has not been able to take out $75. Until it can take out $75, we should maintain a negative view on the market. It should have advanced to new highs in the upper $70’s, or low the $80’s, but it failed to do that. Upside momentum ran 26 weeks but has now turned negative and this bull market look to be over Continue reading
Jeffrey Brown, logi Energy, Comments on Five Stages in the Life Cycle of Net Oil Exporters
The production decline rates for six examples of declining net oil exporting countries were all in the single digit range, and all but one were less than 5%/year. Continue reading →