on May 25, 2017

China’s Top 3 manufacturers – Huawei, OPPO and Vivo – captured top position in global smartphone sales for the first time in Q1.  As...

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on May 22, 2017

Yesterday, senior EU negotiators warned that “the chances of Britain crashing out of the EU without a new (trade) deal were now “over 50%””....

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on May 18, 2017

On Monday, I discussed how OPEC abandoned Saudi Oil Minister Naimi’s market share strategy during H2 last year. Naimi’s strategy had stopped the necessary...

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on May 15, 2017

OPEC and Russia made a massive mistake last November when when they decided to try and establish a $50/bbl floor for world oil prices....

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on May 11, 2017

Some years ago, when China was well on the way to becoming the world’s largest importer of chemicals, a reporter asked the chairman of...

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on May 8, 2017

The UK goes to the polls on 8 June in a surprise General Election.  And premier Theresa May has clearly decided to base her...

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on May 4, 2017

The financial crisis began a decade ago, yet production of the key “building block products” for the European petrochemical industry has still not recovered...

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on May 1, 2017

Unsurprisingly, Friday’s US GDP report showed Q1 growth was just 0.7%, as the New York Times reported: “The U.S. economy turned in the weakest...

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on April 27, 2017

The Financial Times has kindly printed my letter below, suggesting that President Trump’s focus on tax cuts is misplaced, given the headwinds created for...

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on April 24, 2017

The myth of oil market rebalancing has been a great money-maker for financial markets.  Hedge funds were the first to benefit in H2 last...

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