Two High-Profile Oil Scandals Every Investor Needs to Know About

by | published November 21st, 2017

Achieving a level playing field is sometimes all in the eye of the beholder.

You see, an ongoing issue that has perplexed both oil and natural gas investors and shareholders alike has found its way into the advisories I’m providing to my global investing clients here in Paris.

It involves the ability to value actual assets following a wave of serious corruption revelations.

All of these involve putting a price on trades once oil moves into the wider market.

It all started a month ago when, on the same day, two revelations hit, both centering on continuing legal challenges in trading exchange transactions.

Both connect to oil and may prove to be merely the tip of the iceberg when it comes to oil trading scandals.

Here’s how these scandals will affect your energy investments

This Shadowy Cabal of Financiers Just Sealed Venezuela’s Fate

by | published November 17th, 2017

Tomorrow, my wife, Marina and I are headed to Paris to present to a group of major energy investors.

Unfortunately, in what is becoming an all-too-frequent scenario, a major development upon my departure has completely revised the risk management discussion I planned on presenting. 

This time, the change in the agenda comes from the International Swaps and Derivatives Association (ISDA).

Yesterday, the ISDA declared that Venezuela’s decision to delay payment on both sovereign debt and bonds issued by state oil company PDVSA constitutes a “credit event.”

Click here.