April 23, 2008
U.S. Dollar's Bear Run May Continue Until 2011, Says DB
There isn’t a single publicly traded commodity currently that is more expensive than crude oil, in real terms, compared with their all-time-high price, according to Deutsche Bank commodities analyst Michael Lewis, based in London.
Lewis recently reviewed agriculture, metal, energy and other commodity prices in relation to each other. If crude oil is currently at 0% price difference in terms of its all-time high, sugar is off 1,165% from its high, U.S. natural gas is off 107% and gold is off 48%.
-- Nissa Darbonne
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April 21, 2008:
Adkins, Nome Offer Bearish, Bullish Takes on Gas Market At a March energy conference hosted by Raymond James & Associates, the investment-banking firm heard a common view shared by 50 energy presenters and scores of institutional investors: There’s bullish ...more
April 17, 2008:
Gas-infrastructure Owners Shifting From IPO to A&D The gas-infrastructure universe of MLPs had a good run, showing significant growth of MLP IPO activity during 2005 and 2006. In July 2007, the group started to lose value, and ...more
April 16, 2008:
International Energy Buyers Willing to Face Higher Legal Risks Competition for a shrinking pool of global assets is pushing buyers to take more legal risks, says James Cuclis, a Hong Kong-based partner with Vinson & Elkins LLP. Cuclis spoke ...more
April 15, 2008:
Canadian Oil-Sands Exports to U.S. Limited Under 2007 Energy Act The Canadians are up in arms again over energy policy—this time the U.S. policy.
Since synthetic crude derived from Canadian oil sands is categorized as unconventional fuel, it could have ...more
April 14, 2008:
Asia To Outbid U.S. For LNG Imports This Year Liquefied natural gas (LNG) exports into the U.S. will be lower this summer, due to increased demand in Asian markets, according to a recent report by Paris-based investment-banking firm Societe ...more
April 11, 2008:
Acquisition options, capital resources for MLPs drying up The continued lack of liquidity in the MLP market has buyers and sellers stymied for choice, according to investment bankers at the recent Midstream Gas Assets A&D Summit in Houston. ...more
April 9, 2008:
Upstream MLPs: Has the pendulum swung too far? During the past two years, upstream master limited partnerships (MLPs) were among the best market performers in the MLP universe, generating total returns (quarterly distributions plus unit-price appreciation) of 37% ...more
April 8, 2008:
CERA: Is high-priced oil the new gold? The new fundamentals—global financial dynamics and new cost structures—are driving the momentum that pushed oil prices to a record high of $111.80 per barrel on March 17. While oil settled ...more
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