Noticias de:
Wall Street Journal : Investors Abandoning Copper, Cotton, Crude
Global: January 27, 2012The Wall Street Journal comments on the sharp unloading of commodities by investors spooked by market uncertainties, and quotes NUS Consulting Group CEO Richard Soultanian's recent analysis on the reasons for the flight from commodities.
Descarger PDFForbes : EU Oil Embargo On Iran Seen Having Minimal Impact On Oil Markets
Global: January 23, 2012Kenneth Rapoza writes in Forbes on the minor impact of EU sanctions on the oil markets, and draws upon NUS Consulting Group CEO Richard Soultanian's analysis last week which outlined this and the rationale leading to this conclusion.
News Flash – EU Embargo Announced
Global: January 23, 2012As anticipated, today the European Union (EU) imposed a ban on the import of crude oil from Iran along with a number of other economic sanctions. The reaction in pricing was largely muted as a result of having already been built into the market. As we expected, the EU embargo will not immediately halt the flow of Iranian oil into Europe. EU foreign ministers agreed to an immediate ban on all new contracts to import, purchase and transport Iranian crude and refined oil products; however, the 27 EU foreign ministers agreed to leave existing contracts to purchase crude and refined products in place through 1 July.
News Flash - Solar PV
Reino Unido : January 23, 2012The UK Solar industry has been in hiatus since the latter part of 2011. The popularity of domestic, small commercial and community solar projects was until then blossoming across the UK, thanks to a generous Feed-in Tariff and falling solar panel prices which resulted in attractive investment terms. The tariffs were initially due to be reduced from 1st April 2012 as part of the programmed ‘degression’ cycle of revising tariffs incrementally as the cost of equipment falls. However, the investment returns were so attractive that what was initially intended to stimulate local investment in renewables ended up by being dominated by applications from large-scale investors.
News Flash – The Week Ahead
Global: January 20, 2012It appears that the news cycle is currently focusing on two important developments: Iran and Greece. The first concerns the tug of war currently unfolding between Iran and the West – the West is applying new sanctions in an attempt cut Iranian oil exports and pressure Iran to halt its nuclear program while Iran is responding by threatening the flow of oil through the Strait of Hormuz. The second concerns restructuring of Greece’s outstanding debt and the level of private sector involvement (PSI). Next week is shaping up to be a fairly important week with regard to both of these items.
CNNMoney.com : US Gas Prices may get close to $5 in some spots
Global: January 17, 2012James O’Toole of CNNMoney.com reports on the price volatility triggered by Iran’s threat to curtail tanker traffic through the Straits of Hormuz which is impacting drivers in the USA as they fill up at the pumps. He draws upon NUS Consultings' CEO Richard Soultanian's recent analysis of the key drivers that are contributing to the current market volatility which could quickly subside should Iranian action not follow their rhetoric.
News Flash - US Tightens Vise
Global: January 16, 2012Last week the US sanctioned three Asian energy companies as tensions between the West and Iran continue to escalate without any signs of relenting. Fresh sanctions involve one Chinese company, Zhuhai Zhenrong Corp – Iran’s main supplier of refined petroleum goods, and two independent energy traders from Singapore, Kuo Oil and FAL Oil Company – who sell gasoline to Iran. Due to a lack of domestic refining capacity, Iran is dependent on refined product from foreign companies. Although the sanctioned companies do not have major business ties to the US, this recent move appears to be a “warning shot” to the global business community that the US is serious about implementing these new sanctions.
News Flash : Fox Business News Interviews Richard Soultanian on oil market pressures.
Global: January 10, 2012NUS Consultings' CEO - Richard Soultanian - is interviewed again by Fox Business News to explain and analyse the key geo-political factors, especially in Iran, which are combining to sustain the price of oil beyond its real market value. Continuar
News Flash - Iran : Tensions Rise
Global: January 04, 2012As expected, Iran today has escalated tensions in the region by issuing a warning to the United States “not to move its carrier back to the previous area in the Gulf.” This new threat had the intended effect, sending WTI and Brent prices up $4.26 and $4.90 respectively. It seems Iran is focused on waging war against the international oil markets in an attempt to dissuade the US and EU from implementing new sanctions. Its strategy is based on the belief that the West’s dependence on foreign oil is its Achilles heel, should Iran drive prices high enough by waging a “war of words,” the West will ultimately capitulate rather than risk an economic recession.
News Flash - Flashpoint Iran
Global: January 03, 2012Iran’s drive to join the world’s most elite club (nations possessing nuclear capabilities) presents the developed world and energy markets with a highly complex problem. The region, which is already struggling to regain its equilibrium after withstanding uprisings in Algeria, Libya, Egypt, Tunisia, Yemen, Syria and Bahrain as well as the winding down of the Iraq War, would undoubtedly be thrown into tumult should Iran acquire nuclear capability. A nuclear Iran would pose a serious and potentially fatal threat to one of America’s closest allies in the region – Israel. Clearly it is in the interest of the international community at large to halt Iran’s nuclear program without engaging in direct military conflict which would risk igniting the entire region. Stopping Iran’s nuclear program will not be an easy task and most likely will unsettle the global energy markets.
Newsflash - Tensión en Irán
España : January 03, 2012El camino emprendido por Irán para unirse al grupo de países con capacidad nuclear está creando un problema cada vez más complejo de resolver tanto para los países desarrollados como para los mercados de energía. La región en la que se encuentra, que está ya luchando para recuperar su equilibrio tras los levantamientos de Argelia, Libia, Egipto, Túnez, Yemen, Siria y Bahrein, así como la guerra de Iraq, volvería sin duda a desestabilizarse en caso de que Irán finalmente consiga disponer de capacidad nuclear. Un Irán nuclearizado supondría una grave amenaza para elmayor aliado de EEUU en la región – Israel.
Forbes : Oil Prices Show No Clear Direction
Global: December 15, 2011Kenneth Rapoza reports the price volatility in the oil market and draws upon NUS Consulting Group CEO Richard Soultanian's analysis of the key factors that are contributing to the current volatile market.
Associated Press : Oil inches below $100 ahead of OPEC meeting
Global: December 14, 2011Singapore (AP) quotes NUS Consulting Group's CEO Richard Soultanian's recent market analysis in their report as oil prices drop below $100 as global oil price sentiment falters as demand weakens, and oil inventories rise.
News Flash – Il rischio di “Fat Tail”
Italia : December 13, 2011Ieri, nonostante la persistente debolezza dell’Euro e le deludenti notizie economiche provenienti dalla Cina, i prezzi del petrolio si sono mossi con decisione verso l’alto. Sembra che il motivo alla base di questo movimento contro-intuitivo siano le voci secondo cui l’Iran avrebbe chiuso lo Stretto di Hormuz[1] per intraprendere delle esercitazioni militari. Queste informazioni non ufficiali sono state subito smentite dal Ministro degli Esteri iraniano ma i prezzi del petrolio sono ugualmente rimasti elevati in seguito alle crescenti tensioni nella Regione.
Newsflash - Fat Tail Risks
Global: December 13, 2011Today, despite continued Euro weakness and disappointing economic news out of China, oil prices moved up forcefully. It seems rationale behind this counter-intuitive move were rumors that Iran had closed the Strait of Hormuz to undertake military exercises. These unconfirmed reports were quickly denied by Iran’s foreign ministry but oil prices nonetheless remained elevated as a result of growing regional tensions.