oil

Posted by loner

 For more than two decades, the Middle East fell easily into neat strategic pieces like a puzzle: A rock-solid peace treaty tied Egypt and Jordan to Israel; stable, pro-U.S. monarchies lined the length of the Persian Gulf oil channels; autocratic governments across North Africa seemed unshakable.

Posted by loner

 By CHARLES LEVINSON And GUY CHAZAN

TEL AVIV—Two years ago, Ratio Oil Exploration LP, an energy firm here, employed five people and was worth about half a million dollars.
Operations in Noble Energy's Leviathan gas field, the world's biggest deepwater gas find in a decade.
Today it sits at the center of a gas bonanza that has investors, international oil companies, Israeli politicians and even Hezbollah, Israel's sworn enemy, clamoring for a piece of the action.
Posted by loner

Mainland scientists hope a new "suicide germ" will allay fears of dangerous mutations from genetically engineered micro-organisms (GEMs) released into the environment.

What did I say then?

Market Price of Risk.... (8 years 17 weeks ago): Market Price of Risk is defined as your drift over risk-free interest rate per vol, i.e. risk premium demanded for taking extra risk. From asset management sense, this quantity should hold for every asset in an optimal portfolio of risky assets, barring user-imposed constraints, such as holding limits, since otherwise we have an arbitrage opportunity in that we can earn a better return with one asset than some others given the same risk. Note that the above is true only for a portfolio of risky...