In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Recently, the United States has passed sanctions on countries such as Syria, Venezuela, and North Korea , but the majority of energy related sanctions passed have been targeted at Iran and Russia.
A century after the U.S. steamship Ancon first sailed through the Panama Canal, a $5.3 billion expansion delayed by bickering contractors and angry workers is nearing completion. The problem is it might not be big enough.
Dan Dicker, energy trader, oil analyst, television and web commentator, author and general provocateur doesn’t mince words, especially about the new players brought in through electronic trading of the markets.
There are many ways to trade the energy markets. Some traders go the straight buy/sell futures route, but when it’s volatile, the best option is looking at the OTC market and playing different grades of crude.
"Where’s the beef?" After waiting anxiously all week for the all-important jobs data, the report left us with more questions than answers. We continue to suggest that the so called "jobless recovery" is a fallacy.