Oil producers are fretting over falling prices, but consumers benefit, until they buy a plane ticket.
An attribute of this oil market is its incredible ability to breed selling as it goes lower.
New oil projects get scrapped amid falling production and plunging prices.
Done in by the plunging price of oil.
Delivering counter-intuitive price action even if fundamentals improve.
With $9 billion in debt and no profit in its entire history, Cheniere is priced as if the future is not just rosy, but guaranteed, and that is not the case.
A harsh winter, like last year’s, could wreak havoc.
Low demand and increasing supply, US shale included, spell trouble for a number of major players, Russia among them.
And how his downfall is mirrored in Brazil’s current troubles.
With these natural gas deals, Russia turns away from Europe, its largest energy export market. But the move has implications for the US.