Hints and tips:
...Over time, a higher rates plateau will make banks more profitable. It’s just that the timing of profits is a little tricky in the transition....
...A train company might be the only operator that can take you from A to B (though some days you might be quicker walking)....
...10 people; skiverbierexclusive.com Alpe d’Huez, FranceSet at 1,860m above sea level on a south-facing plateau in the Grandes Rousses Massif, Alpe d’Huez ticks most “ideal ski resort” boxes....
...After a month, she discharged herself. “If I’d been closer to home where I could see my fiancé, see the dog, see some friends it would have made a big difference,” she says....
...Some other data looks downbeat too. The latest ISM surveys of manufacturing and services activity are weakening. Consumer confidence is falling again....
...And as many as six more — with a combined capacity of 6bn cf/d — could be greenlit this year, according to analysts at ClearView Energy Partners in Washington....
...But it has begun to slide in some once-prolific regions such as the Bakken shale of North Dakota, where new oil production per rig rose from a little over 100 b/d in 2007 to more than 2,700 b/d in 2020,...
...Please send any thoughts and feedback to cryptofinance@ft.com....
...Goldman Sachs believes Chinese oil demand dropped by 500,000 b/d last week — a huge number....
...Global demand will be 2.6mn barrels a day higher in the fourth quarter than in the first quarter, the IEA believes, as it sets a new annual record well above 100mn b/d....
...Does your company follow a skills-based hiring process — and does it work? Email me at isabel.berwick@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Russia’s uprising: irrelevant, incomprehensible, or something else?...
...The author is a former portfolio manager. Email: stuart.kirk@ft.com; Twitter: @stuartkirk__...
...As Ray testified to a House Committee on Financial Services hearing on December 13: “Nothing against QuickBooks. It’s a very nice tool, just not for a multibillion-dollar company.”...
...It’s a very important kind of road test, the data services....
...Continental Resources, which shale pioneer Harold Hamm took private last year, is the US’s biggest private oil producer, pumping 280,000 b/d. It’s also a natural gas powerhouse....
...But at 12.4mn b/d it’s still well-below the pre-pandemic highs. And the administration does not think last year’s growth rate will be repeated, forecasting a rise of just 250,000 b/d by next January....
...I’d be interested to hear readers’ shopping experiences: what’s your main way of stocking up on gifts ahead of the festive season? Email me your thoughts at sid.v@ft.com....
...Adding gasoline, diesel, propane and other fuels, exports were a whopping 11.24mn b/d over the same period — also a record. But it is not just oil....
...The announcement follows the decision in October by Opec+ to cut production by 2mn b/d, a move the US likened to siding with Russia and its invasion of Ukraine....
...And in that sense, do you think the name itself, artificial intelligence, is a terrible misnomer and we’d get a lot less excited about it if we called it computational statistics?...
...The trade bloc is averaging 547,000 b/d in Russian diesel imports in January, up 2.4 per cent from last year, prior to Russia’s invasion of Ukraine....
...Or a better way to look at the performance data? We’d be keen to hear from readers on this — bankers in particular....
...Energy Aspects forecasts a small recovery in the first quarter of 2023, revising Chinese oil demand up by 0.26mn b/d, a 1 per cent increase year over year....
International Edition