Weekend News 22Oct


The Brent-WTI Spread closed the week at/near $20.18
after printing as high as $25.93 early in the week.
This was likely more a function of the Brent contract roll
than demand. As result, we saw a $5 decline in the spread
by Friday. This can be considered a selling tail and foreboded
downside potential into next week.

Graphics

Central Banks

Geo-Politics

  • Banking Security, Zeus, And Targeted Attacks. (PC Magazine)
  • Exxon Seeks To Quit Flagship Iraq Oil Project. (Reuters)

Supply/Demand & Markets

  • Iraq Energy Outlook. (IEA)
  • HFT Effect On Natural Gas Market. (WSJ)
  • Dodd-Frank Poses Unique Challenges For Energy Firms. (MRV Associates/CME)

Midweek News 17Oct

Graphics

Source: EIA (Oct 2012)

Central Banks

  • Bernanke Calls For Emerging Market Currency Appreciation. (WSJ)
  • China Central Bank Focused On Inflation Before Growth. (Business Recorder)
  • Head of Zimbabwe Central Bank’s Take On QE3. (Mises SA Blog)

Geo-Politics

  • EU Plans Major New Sanctions Against Iran. (Reuters)
  • EU Bans Imports Of Iranian Gas To European Countries. (RT) 
  • Cyber War: New Flame-Linked Malware Detected. (RT)

Supply/Demand & Markets

  • API: +3.7mil v +1.7mil exp. (Reuters)
  • EIA: +2.9mil v +1.7mil exp. (EIA)
  • Are Position Limits Necessary? (Platts)