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Welcome to another Energy Source. Oil remains the big story in energy markets, with prices down sharply again yesterday. In our first note, I talk with Ed Morse, Citigroup’s global head of commodity research and the doyen of oil market analysts. He shares his view on why the crude price is still defying Saudi Arabia, which announced new cuts just over a week ago — but has watched prices continue to drift lower. In our second item, Aime reports on a proposal to avert more carbon trade rivalry.…
over 1 year ago