Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
On perusing an email from Lepus some weeks ago I was struck by the title of one piece of their research "VaR, what is it good for!" Having been involved in working with several banks on mark...
Apparently, according to oil-price.net, oil companies won't be building any new refineries as the ~20-year ammortisation means there won't be enough oil to refine in that timescale. No new refinery ha...