Unlike other goods, the price formation of oil will be determined not only by supply and demand, but also in part by geopolitical considerations, and, more importantly, active price management.
Does a rising ratio foretell a reversion?
U.S. rates are beginning to look like a body at rest. Rates have been contained within very narrow trading ranges, roughly 10 basis points, over the last three weeks.
Harvard University might not be the top business school in the United States according to Bloomberg BusinessWeek's latest rankings, but it still remains atop the WealthX list of business schools that have the most billionaire alumni. Harvard ha...