Category Archives: Commodities

Why Did Oil Prices Just Jump By 27 Percent in 3 Days?

Oil prices have posted their strongest rally in years, jumping an astounding 27 percent in the last three trading days of August.

While much of the recent price movement defies reason and is enormously magnified by speculative movements by traders to take and cover their bets on oil, still, there were a series of rumors, events, and fresh data that helped contribute to the spike.


Don Quijones: Why Are the Four Richest Men in Mexico Getting Crushed?

By Don Quijones, of Spain and Mexico. Originally published at Wolf Street Tough times for Mexico’s very richest. A couple of weeks ago, I reportedthat Carlos Slim, once the world’s richest man and the undisputed Big Boss of Slimlandia, as Mexico has come to be called, lost $7 billion in the first seven months of 2015. But […]