In regards to US refiners still being priced for good times, in my view as per EV/Capacity analysis. If you have a bullish near term view on their industry, think we're going back to 2006-2007, then fine. The point I...
Saudi Arabia's Prince Turki Al Faisal Al Saud has thrown cold water on forecasts for an oil price superspike, speaking to energy industry peers at Rice University. His nation has the capacity to handle surging demand from both China... Read Post
High oil prices continue to batter the bottom line of Sinopec, Asia?s biggest refiner by capacity. Read Post
Unless something odd happens, this week is likely to see an interesting but under-announced milestone: falls in house prices, in real terms, from their 2007 peak, exceeding 30 per cent (on the well-known Halifax measure). In cash te... Read Post