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Qatar affirmed by S&P, standing out amid Gulf state downgrades

Bloomberg Qatar’s AA credit rating was affirmed by Standard and Poor’s, which cited the nation’s ample natural gas reserves and an infrastructure investment program as drivers of continued growth. The country is standing out amid the spate of downgrades S&P has issued for energy exporters whose credit outlooks have worsened on plunging oil prices. The rating company has already cut ...

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Coal prices may rise for first time in two years

Bloomberg Potential supply cuts have the price of metallurgical coal — the kind used to make steel — poised to do something it hasn’t done since October 2013: Rise. The benchmark contract for the coal may gain by a few dollars in the second quarter amid speculation that China is curtailing supply amid high costs, Mark Levin, a coal analyst ...

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This oil rally looks a lot like last it was during last spring

Bloomberg What is the oil rally running on? “Gasoline!” cry bulls. “Fumes!” cry bears (and the odd headline writer). To find out who is right, it is worth comparing this rally with the one that happened almost exactly a year earlier. The similarity doesn’t end there. This chart shows what happened with oil prices at the start of this year ...

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