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NAFTA Replaced With United States – Mexico Trade Agreement
After months of negotiations the United States and Mexico have replaced the previous NAFTA agreement with the United States – Mexico Trade Agreement. Canada was not part of the deal, they maybe added later, or not. The pressure is now on the Canadians.
Market Weekly: Aug 27 – Sep 2 2018
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Straight of Malacca Oil and LNG Price Risks
When you think of geopolitical risks to oil prices the first thought is the Strait of Hormuz and rising tension between the US and Iran. However the Straight of Malacca is the second major chokepoint risk in terms of volumes.
Market Weekly: Aug 20 – Aug 26 2018
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Market Weekly: Aug 13 – Aug 19 2018
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China Add Tariffs on US LNG and Oil Despite Natural Gas Demand Surge
The U.S. have talked up the American energy sector and exports. With natural gas demand surging in China with higher coal prices on high industrial and winter heating consumpton the bet was China would leave LNG alone in the trade war, they were wrong. What next?
Market Weekly: Aug 6 – Aug 12 2018
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U.S. Trade Deficit Rises to $46.3 Billion, With China To $32.50 Billion
With tariffs and trade wars now dinner conversation the US trade deficit has been a hot topic. In June the US had a $46.3 billion deficit up from the $43.2 billion in May. The deficit with China was $32.5 billion.
Market Weekly: July 30 – Aug 5 2018
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