From the daily archives: Tuesday, December 12, 2017

Busy day starting with Producer Price Index (PPI) at 7:30 A.M. followed by the last Crop Production USDA Supply/Demand report of 2017 at 11:00 A.M., API Energy Stocks at 3:30 P.M and the FOMC meeting today and tomorrow in which investors see the writing on the wall and are gearing for a rate hike. On […]

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Forties is down till Christmas, in the old North Sea, it will slow those oil flows into Scotland’s refineries. Christmas will find price hikes, all the way downstream. Forties is down till Christmas and the oil price will scream. Ho Ho Ho. A shut down of the major Forties pipeline, a major artery in the […]

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