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<channel>
	<title>FT Alphaville</title>
	<link>http://ftalphaville.ft.com/blog</link>
	<ft:rsslink>http://ftalphaville.ft.com/blog/feed/</ft:rsslink>
	<description>FT Alphaville from FT.com</description>
	<copyright>Copyright The Financial Times Ltd 2006. "Alphaville", "FT" and "Financial Times" are trademarks of the Financial Times.</copyright>
	<webMaster>help@ft.com</webMaster>
	<pubDate>Tue, 24 Nov 2009 17:20:28 +0000</pubDate>
	<lastBuildDate>Tue, 24 Nov 2009 17:20:28 +0000</lastBuildDate>
	<ttl>15</ttl>
	<category>Newspapers</category>
	<image><url>http://news.ft.com/cms/d1f3ce1a-6bbe-11da-bb53-0000779e2340.gif</url><title>FT.com - Alphaville</title><link>http://www.ft.com/home/uk</link></image>
	<language>en</language>
				<item>
		<title>Gasoline cracks are strengthening</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/84996/gasoline-cracks-are-strengthening/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/84996/gasoline-cracks-are-strengthening/</guid>
		<description><![CDATA[Take out some refinery production in the US amidst weak global demand for distillates, and what happens? The RBOB gasoline crack -- the US benchmark measure of the difference between the price of crude and that of gasoline -- strengthens to the point it's trading at par with heating oil.

As JBC Energy note on Tuesday that's actually a highly unusual situation for the time of year....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/84996/gasoline-cracks-are-strengthening/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 11:15:32 +0000</pubDate>
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		<title>Gold stocks pricing in $940/oz long-term gold price</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/84986/gold-stocks-pricing-in-940oz-long-term-gold-price/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/84986/gold-stocks-pricing-in-940oz-long-term-gold-price/</guid>
		<description><![CDATA[Here's an interesting way to view the potential longevity of  $1000-plus gold prices, courtesy of RBC Capital Markets.

Take your top tier gold stocks and calculate the types of price scenarios their share prices are currently pricing in:



On average it seems global Tier 1 gold stocks are pricing in levels around $940/oz long-term,...]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/84986/gold-stocks-pricing-in-940oz-long-term-gold-price/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 11:00:18 +0000</pubDate>
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		<title>Further reading</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/84931/further-reading-406/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/84931/further-reading-406/</guid>
		<description><![CDATA[Elsewhere on Tuesday,

- Five suggestions for fixing Wall Street.

- "Roubini's okay but he's not as good as me".

- The world according to Americans.

- Citi: the commodity collapse could be "Subprime Part II".

- Amusing reports: Dimon for US Treasury secretary?

- The cure to Goldman's PR troubles:...]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/84931/further-reading-406/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 07:55:02 +0000</pubDate>
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		<title>Heritage Oil ditches Genel talks</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/24/84866/heritage-oil-ditches-genel-talks/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/24/84866/heritage-oil-ditches-genel-talks/</guid>
		<description><![CDATA[Heritage Oil has called off its proposed $6bn deal to merge with Turkey’s Genel Enerji in the wake of its agreement to sell its Ugandan oil fields to Eni, the Italian energy group. The UK group on Sunday sealed a deal with Eni worth $1.35bn in cash for the Ugandan assets, and in doing so ended a much-delayed deal with Genel that it publicly committed to less than a week ago....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/24/84866/heritage-oil-ditches-genel-talks/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 04:30:58 +0000</pubDate>
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		<title>Why refinery shutdowns matter</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/23/84711/why-refinery-shutdowns-matter/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/23/84711/why-refinery-shutdowns-matter/</guid>
		<description><![CDATA[Last Friday, what many in the energy market had long suspected might happen, happened.

Valero, the largest independent refiner in the US, was forced to close another 200,000-plus barrel-per-day refinery -- this time, its Delaware City unit -- due to a lack of demand. The closure comes just three months after Valero shuttered its 235,000 barrel-per-day Aruba refinery in the Caribbean.  Rival Sunoco,...]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/23/84711/why-refinery-shutdowns-matter/#comments</comments>
		<pubDate>Mon, 23 Nov 2009 15:38:22 +0000</pubDate>
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		<title>My big fat dollar finger</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/20/84556/my-big-fat-dollar-finger/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/20/84556/my-big-fat-dollar-finger/</guid>
		<description><![CDATA[Here's a Friday mystery. Presenting  December ICE dollar index futures as traded on November 20:



So what could that peculiar spike be down to?

We're not sure. As MarketWatch reports, the exchange is at least on to it:

LONDON (MarketWatch) -- The IntercontinentalExchange is probing trades in U.S....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/20/84556/my-big-fat-dollar-finger/#comments</comments>
		<pubDate>Fri, 20 Nov 2009 16:18:00 +0000</pubDate>
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		<title>The GOD (glut of distillate) delusion</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/20/84506/the-god-glut-of-distillate-delusion/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/20/84506/the-god-glut-of-distillate-delusion/</guid>
		<description><![CDATA[Could the world finally be catching on to the distillate glut problem? (Despite the Daily Mail getting completely the wrong end of the stick on the story).

We note even the normally media-shy physical trader Trafigura warned about the matter via Reuters on Thursday:
SINGAPORE (Reuters) - European oil trader Trafigura Beheer BV said on Thursday the worst of the credit crisis was over,...]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/20/84506/the-god-glut-of-distillate-delusion/#comments</comments>
		<pubDate>Fri, 20 Nov 2009 11:15:59 +0000</pubDate>
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		<title>Daily Mail tanker outrage! (Day 2)</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/20/84481/daily-mail-tanker-outrage-day-2/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/20/84481/daily-mail-tanker-outrage-day-2/</guid>
		<description><![CDATA[It's day two of the Daily Mail's campaign against tankers parked off the British coast. In case you missed "how the Daily Mail broke the story yesterday" you might care to check out FT Alphaville's coverage here.

The post attracted a healthy level of discourse, including the following analogy -- which we like so much we mocked up graphically for readers' pleasure  (H/T  Skwosh):...]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/20/84481/daily-mail-tanker-outrage-day-2/#comments</comments>
		<pubDate>Fri, 20 Nov 2009 08:53:12 +0000</pubDate>
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			<item>
		<title>Further reading</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/20/84461/further-reading-404/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/20/84461/further-reading-404/</guid>
		<description><![CDATA[Elsewhere on Friday,

- Investing fads and themes by year, 1996 to present.

- Unintended consequences on Wall Street.

- Chart of the day: How the old gold bugs lost control.

- Analyst date night: Honey let's hit that BofA protest.

- The unbearable pain of 0.01%.

- Wall Street's Grinch speaks to Gasparino....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/20/84461/further-reading-404/#comments</comments>
		<pubDate>Fri, 20 Nov 2009 07:55:10 +0000</pubDate>
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			<item>
		<title>&#8216;A gold rush moment&#8217; for HFT</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/19/83751/a-gold-rush-moment-for-hft/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/19/83751/a-gold-rush-moment-for-hft/</guid>
		<description><![CDATA[Unless you've had your head buried in the sand, you'll know high frequency trading stormed onto the mainstream agenda this summer, catching the critical eye of the international press, public and regulators alike.

Ironically, the practice had already been going on for years.

Given HFT's clandestine nature and dependence on closely-guarded trading algorithms,...]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/19/83751/a-gold-rush-moment-for-hft/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 16:54:27 +0000</pubDate>
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