Andy Critchlow wrote a new post, Energy subsidies will test Saudi’s pain...
Andy Critchlow wrote a new post, Energy subsidies will test Saudi’s pain threshold The kingdom is considering how to claw back the $107 bln it foregoes each year by subsidising the price of domestic...
View ArticleAndy Critchlow wrote a new post, LNG moves from blessing to curse for BG/Shell
Andy Critchlow wrote a new post, LNG moves from blessing to curse for BG/Shell BG Group posted a big drop in third-quarter liquefied natural gas EBITDA. Earlier this year LNG, which provides a fifth...
View ArticleAndy Critchlow wrote a new post, Qatar’s austerity drive will be felt beyond...
Andy Critchlow wrote a new post, Qatar’s austerity drive will be felt beyond Doha Despite being among the wealthiest people on the planet, Qataris must cut “wasteful” spending as low energy prices...
View ArticleAndy Critchlow wrote a new post, Brazil dam disaster tests BHP’s mega-mining...
Andy Critchlow wrote a new post, Brazil dam disaster tests BHP’s mega-mining model Investors ditched BHP Billiton shares after a jointly owned dam failed in Brazil. While mining is much safer than it...
View ArticleAndy Critchlow wrote a new post, Lonmin buys time but platinum is bigger problem
Andy Critchlow wrote a new post, Lonmin buys time but platinum is bigger problem A $407 mln rights issue at an eye-popping 94 pct discount will allow the South African miner to postpone a day of...
View ArticleAndy Critchlow wrote a new post, IEA history lesson makes $100 oil more likely
Andy Critchlow wrote a new post, IEA history lesson makes $100 oil more likely The Paris-based International Energy Agency says the world’s reliance on low-cost Middle East oil could return to 1970s...
View ArticleAndy Critchlow wrote a new post, Argus sale opens up obscure corner of oil...
Andy Critchlow wrote a new post, Argus sale opens up obscure corner of oil market Oil price reporting agencies are the plumbing of a $2.5 trillion market – and Argus, which has put itself on the...
View ArticleAndy Critchlow wrote a new post, Glencore can’t delay with $2 bln agri-sale
Andy Critchlow wrote a new post, Glencore can’t delay with $2 bln agri-sale The debt-laden commodities trader is slimming down in agriculture. But two months into the disposal process, one potential...
View ArticleAndy Critchlow wrote a new post, Betting against copper is a dangerous game
Andy Critchlow wrote a new post, Betting against copper is a dangerous game Shares of Anglo American, BHP Billiton and Glencore fell on Nov. 23 as copper dropped below $4,500 a tonne. Once tipped as...
View ArticleAndy Critchlow wrote a new post, Oil market rests on Saudi-Iranian output deal
Andy Critchlow wrote a new post, Oil market rests on Saudi-Iranian output deal Saudi Arabia says it will work with the world’s biggest oil producers to maintain price stability. To be effective, the...
View ArticleAndy Critchlow wrote a new post, Britain joins sovereign wealth party too late
Andy Critchlow wrote a new post, Britain joins sovereign wealth party too late Creating a 1 billion pound sovereign wealth fund to encourage shale gas drilling in the UK could fail on two fronts. It...
View ArticleAndy Critchlow wrote a new post, Dollar peg remains Saudi Arabia’s best option
Andy Critchlow wrote a new post, Dollar peg remains Saudi Arabia’s best option Saudi Arabia is under pressure to break its currency peg with the dollar. The inflexible riyal means Saudi can’t devalue...
View ArticleAndy Critchlow wrote a new post, BHP’s Brazil disaster points to dividend cut
Andy Critchlow wrote a new post, BHP’s Brazil disaster points to dividend cut The Anglo-Australian miner needs to conserve cash to pay for the Samarco dam disaster in Brazil. Forecast earnings already...
View ArticleAndy Critchlow wrote a new post, Manchester City deal is good business for China
Andy Critchlow wrote a new post, Manchester City deal is good business for China Sport tends to consume capital rather than create it. Acquired kudos often bridges the gap. The $400 mln investment by...
View ArticleAndy Critchlow wrote a new post, Saudi has chance to teach hedge funds a lesson
Andy Critchlow wrote a new post, Saudi has chance to teach hedge funds a lesson The largest OPEC producer has long complained that the biggest risk to a stable oil market is hedge funds who bet on...
View ArticleAndy Critchlow wrote a new post, Anglo American dividend cut just the beginning
Andy Critchlow wrote a new post, Anglo American dividend cut just the beginning Confidence in the mining giant is at rock bottom. Cost savings are paling beside the slide in commodities prices. Anglo...
View ArticleAndy Critchlow wrote a new post, OPEC indecision could engulf big oil majors
Andy Critchlow wrote a new post, OPEC indecision could engulf big oil majors Instead of cutting output, the oil cartel has cleared the way for its members to keep flooding the market with more crude....
View ArticleAndy Critchlow wrote a new post, Rio Tinto capex cuts won’t stop race to the...
Andy Critchlow wrote a new post, Rio Tinto capex cuts won’t stop race to the bottom The Anglo-Australian miner is cutting spending by $1.5 billion to save cash amid the rout in commodities. But it’s...
View ArticleAndy Critchlow wrote a new post, Anglo American is facing a crisis of confidence
Andy Critchlow wrote a new post, Anglo American is facing a crisis of confidence Collapsing commodity prices led the coal, copper and diamonds miner to suspend its dividend on Dec. 8. It’s also...
View ArticleAndy Critchlow wrote a new post, Trump’s Muslim tirade fails basic capitalist...
Andy Critchlow wrote a new post, Trump’s Muslim tirade fails basic capitalist test The GOP candidate’s call to ban Muslim visitors ignores the openness on which the system that made him rich relies....
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