Our View

Saudis: Oil's New Central Bankers

 

The government of Saudi Arabia has stepped in where IEA officials never have, despite their ostensible role in protecting consumers, and adopted the crisis-management procedure central bankers follow in times of monetary stress. Read more about this action here.

Graph of the Week/IMO 2020 Watch™

Our GOTW shows the sharp uptick in some oil tanker freight rates after the US imposed sanctions on Chinese shipping firms.

 

To view the latest IMO 2020 Watch™, click here.

The Midland Crunch (October 14, 2019) -- An economic crunch has begun in Midland, Texas.

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