Category Archives: Commodities

Needed Global Financial Reforms Foregone Yet Again

The pathologies that produced the financial crisis are still circulating.

Why Supertanker Rates Are Suddenly Crashing

Very Large Crude Carrier rates have plunged to just $38,000 per day, falling some 62% from a few weeks ago.

The Diesel Crunch Is Finally Causing Demand Destruction

Diesel inventories slump to their lowest level for this time of the year since 1951.

Washington Attempts to Bully India into Cutting Ties with Russia

The US tries to coerce New Delhi into scaling back trade with Russia even if it hurts the Indian economy.

Oil Executives Warn G7 Price Cap Could Lead To Stranded Tankers

The more you look at the G7 Russian oil price scheme, the worse it appears.

Debunking the Petrodollar Myth: Pricing Oil in Dollars Is Just a Convention

The term petrodollar has come to have talismanic value. Time to instill some reality.

Collateral Damage From Higher Interest Rates

Why to be wary of Larry Summers selling another Volcker-type “kill the economy to save it” interest rate jihad.

“Nikkei-Owned Financial Times Begins to Crack on Sanctions”

Some serious whinging from Japan about the supposedly new and improved oil and gas sanctions on Russia.

The Grain Giants Have Made a Bonanza from Hunger. Time to Take Them Apart

The global food system, heavily influenced by the big grain companies, needs an overhaul to allow diverse crops, producers and supply routes

A Disordered World – Part 3: Pathways

Satyajit Das’ final post on where the world order is headed.

Biden Administration Doubles Down on Sanctions Self-Harm: China Chip Export Ban, Possible Russia Aluminum Sanctions, All Systems Still Go with Russian Oil Price Cap

The sanctions war situation has developed not necessarily to America’s advantage.

Experts: U.S. LNG Growth Could Slow Next Year

Too many are putting their eggs in the LNG basket.

EU Imposes Secondary Sanctions on Russian Steel in Eighth Sanctions Package. Is Türkiye the Target?

the EU using an obscure steel secondary sanction to whack Türkiye?

The U.S. Is Preparing Its Response to the “Short-Sighted” Strategy of OPEC+

The US is having a hissy over the OPEC+ production cut. Not a good look.

Is the Energy Transition Taking Off—or Hitting a Wall?

Why, as they say in Maine, you can’t get get there from here as far as our green energy plans are concerned.