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US Refiners Continued - If We're Not Going Back to a 2006-2007 Industry Environment, Then They Don't Look Cheap

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...
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Refining Losses Hit Sinopec

Business & Finance : Deal Journal - (3 years ago)

High oil prices continue to batter the bottom line of Sinopec, Asia?s biggest refiner by capacity. Read Post

A little-noticed milestone: This week, house prices will have fallen over 30 per cent in real terms

Business & Finance : Finance Blog (3 years ago)

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

Sell, Sell, Sell... The Central Bank Madmen Are Raging

Business & Finance : Zero Hedge (17 hours ago)

Submitted by David Stockman via Contra Corner blog, The global financial system has come unglued. Everywhere the real world evidence points to cooling growth, faltering investment, slowing trade, vast excess industrial capacity, pea... Read Post

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