Money versus Monetary Policy

President Donald Trump is considering sending US troops to Kharg Island to seize Iranian oil assets.  According to officials speaking with Axios, the President is considering ordering US troops to seize the Iranian oil assets on the island. Kharg Island is about 15 miles off the coast of Iran, and is home to the seaport […]

US NatGas Futs Sink To Four-Month Low As Mid-Atlantic Exits Brutal Winter US natural gas futures tumbled to a four-month low early Monday as weather models indicate the Lower 48 is exiting the peak of the Northern Hemisphere winter and entering a much-needed warmup. For the Mid-Atlantic and Northeast, which experienced some of the coldest weather in decades, the next few weeks are expected to feel more like spring. March contracts fell 7.5% to about $3 per mmBtu, the lowest level since October 17 and a roughly four-month low. Weather forecasts...

Oil Declines As Iran Says 'Understanding' Reached In US Nuclear Negotiation The second round of indirect negotiations between the United States and Iran concluded in Geneva, Iran's semi-official Students' News Agency (ISNA) reported Tuesady. Delegations from both sides left the venue following the talks, however, the Iranian side says it's ready to stay in Switzerland for days or even weeks if needed, in order to reach a deal and stave off military attack by Washington. Oil is dumping on the following headline issued an hour after conclusion: IRAN FOREIGN MINISTER SAYS...