Archive | 2014

A short piece on ‘Crude by Rail’ – Crude oil, railways, alberta oil sands, Pipelines

By Musabbir Mazhar Canadian Oil Sands located in 3 locations: The Athabasca, Cold Lake and Peace River Oil Sands. The product extracted from oil sands is bitumen which must be converted to Synthetic Crude Oil (SCO) or mixed with a diluent (which is expensive) so it can be transported via pipeline. Generally, bitumen produced In […]

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A piece on the growing Canada LNG space -Part 1 – 18th May 2014

By Musabbir Mazhar What got my attention to the global Liquefied Natural Gas (LNG) market and to look at Canada’s export potential? Well, a number of things: – There’s a huge energy resource base located in Western Canada and Canada’s technological development in the energy space to be able to make use of unconventional energy […]

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Bombardier (BBD.B) up 15%; 18th March’14 Market Update:

By Musabbir Mazhar Bombardier Inc. (BBD.B) shares are up 15% in the last 11 days, currently trading at $4.14 from $3.60 on Mar 7th. Yesterday, it was announced that the company would be a major supplier of locomotives for freight rail system in South Africa – this is one of SA’s largest infrastructure projects. The […]

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Fed 2nd round taper & Emerging Markets (EMs) crises: 3rd Jan 2014

By Musabbir Mazhar As expected, the Fed continued its Bond purchases tapering as announced on Wednesday Jan 29th – S&P 500 went down 1% on the news – The Fed will be buying 65$ Billion in Agency MBSs and LT Treasuries starting February – I see the fed continue its tapering program to relieve the […]

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What’s happening in the markets since last week?

By Musabbir Mazhar US equities has seen a sell-off in the market last week and many are delving into the thought that the market has just started its long awaited downward spiral- I don’t think so. P/E multiples have grown surely but if you compare them to the time after the crises – when US financial […]

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US – Canada Jobs report, USD/CAD, US Budget Surplus; Market update 17th Jan 2014

By Musabbir Mazhar The US Jobs number came out last Friday (10th Jan) at 74,000 job additions for December which has been taken by the markets as a shocker and the US 10 year treasury yields went down on the news. But more sense should be put into this- Workers weren’t looking for work for […]

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Looking at Oil prices at end of year

By Musabbir Mazhar WTI Crude fell down about 1% on Tuesday morning to $98.27 per barrel for February delivery – oil finished the day at 98.42 on the New York Mercantile Exchange (NYMEX) – the largest commodity futures exchange. WTI is up 7% in 2013 – it crossed $100 per barrel on December 27th last […]

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