Category: Crude Oil
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Crazy Rich Asians
Singapore’s success to factors such as a strong government, reclaiming land for affordable housing, a blend of central planning and free market mechanics, high savings rates, and its strategic geographic advantage as a gas station for cargo ships. The video emphasizes that Singapore’s success cannot be purely attributed to luck or low taxes, and that…
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OIL is the most important commodity on the planet.
This is a great explanation of futures markets and oil futures using the CME crude oil contract as an example.
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OIL and Inflation
https://www.investing.com/news/commodities-news/crude-oil-surges-higher-helped-by-us-cpi-opec-report-3104289 World consumption will exceed supplies by roughly 2.7 million barrels a day next month, a report from OPEC indicated on Tuesday, and if the de facto leader of the group decided to extend the reduction for the whole third quarter, it would be the biggest deficit since 2021. The International Energy Agency, which advises…