Electric Car War Sends Lithium Prices Sky High

For once, we have agreement across the board on a commodity: Demand for lithium will continue to rise throughout the year–and beyond–spurred by the rise of battery mega/gigafactories and a burgeoning energy storage business that will change the way we live.

That’s why Goldman Sachs calls lithium the “new gasoline”. It’s also why The Economist calls it “the world’s hottest commodity”, and talks about a “global scramble to secure supplies of lithium by the world’s largest battery producers, and by end-users such as carmakers.”

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The Truth About the Russia-Saudi Oil Deal

If you follow the oil news, you’ve probably heard about the deal between the energy ministers from Saudi Arabia, Russia, Qatar, and Venezuela. When the news was announced Oil prices jumped. But if you think this deal actually means anything I’ve got a bridge to sell you. So before you go buying any bridges or buying any oil future’s contracts, let’s take a look at the facts.

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Why Hillary was Smiling in New Hampshire

Many commentators were wondering why Hillary was smiling so broadly after the New Hampshire primary since she lost so soundly. NPR said, “Bernie Sanders crushed Hillary Clinton with Democratic voters, just as polls had predicted.” Sanders had 60% of the popular vote and Hillary only had 38%. And there she is smiling like the cat who ate the canary. Why?

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Russia Cries Uncle on Oil

In recent days, signs of a possible breakthrough in the year-long stand-off between Russia and Saudi Arabia on crude production strategy have emerged. Saudi Arabia, OPEC’s dominant member, has long insisted OPEC (read Saudi Arabia) would not reduce output to balance supply and demand absent corresponding cuts from non-OPEC members (read Russia), while Russia has consistently insisted harsh climactic conditions prevent Russian producers from reducing output and in any case Russia insists it could withstand low prices as well as any other country. January 27, however, Russia announced, in a roundabout way, its willingness to cut

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Why Europe is Going to Get a Lot Worse Before It Gets Better

Here’s what you will learn:

How Europe’s biggest economies are screeching to a halt
Currency devaluation’s role in the developing global crisis
How the self-reinforcing aspect of deflation is already apparent in commodities trading
Why the top 1% of earners are in for a rude awakening
The hair-raising future for U.S. stocks

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60 Reasons Why Oil Investors Should Hang On

Inventories will continue to rise, but the momentum is slowing.
The following are some observations as to how we got here and how we’re gonna get out.
9 Reasons Why Oil Has Taken So Long to Bottom:

1. OPEC increased production in 2015 to multiyear highs, principally in Saudi Arabia and Iraq where production between the two added 1.5 million barrels per day (mb/d) to inventories after the no cut stance was adopted.

2. Russian production increased in 2015 to post Soviet highs.

3. Long planned Gulf of Mexico production began coming on in late 2015.

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Will Oil Prices Rebound in 2016?

In today’s article, we have an interview that Oilprice.com recently did with Carl Larry, Director of Oil and Gas at Frost & Sullivan, a consultancy that conducts research on oil and gas markets, to get his thoughts on the state of oil in 2016. Mr. Larry has spoken at oil conferences around the world as well as been a contributor to CNBC, CNN, Bloomberg and PBS. From APPEC in Singapore to OPEC in Vienna, his views and insight into the oil markets are highly regarded. Experience in the industry has covered financial funds to commercial producers to physical trading shops. His specialties include hedging presentations and training, trading strategy and forecasts, speaking engagements on oil forecasts and macro oil economics, and consulting for C-level management in Oil and Gas.

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Strippers Suffering From Low Oil Prices

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. As producers confront this unpleasant reality, some will finally start to significantly curtail or even shut down operations. And that is going to severely hurt an all but invisible group; strippers in the United States.

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