Recent reports released by analysts suggest that the situation in the oil market, already highly volatile, could get much worse in the near future. Morgan Stanley in particular argues that the oil crash that we are witnessing now may be even worse than the oil glut of 1986. In December that year oil prices fell from $23....
Oil prices have recently been gaining some momentum due to a multitude of factors, including the slowing of rig count declines in the US, a possible decline in production as well as Saudi Arabia raising the oil price for Asian customers for a second consecutive ...
The U.S. oil industry seems to be on the verge of the most significant turning point it has faced since the 1970s, when the export of hydrocarbons was banned by the 1975 Energy Policy and Conservation Act signed by President Gerald Ford, in what was to an extent ...
By Brian E. Frydenborg, February 26th, 2015 (updated February 27th-28th)
Originally published on LinkedIn Pulse here
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One of the sad things about looking at current commentary about Russia, America, and the state of their relationship is the lack of measured and reasoned...
During the last part of 2014, optimism steadily raised over the unusually low prices of oil and their allegedly positive economic effects on the economies of oil importing countries. Although some evidence points in this direction, a more thorough assessment leads unfortunately to different conclusions.
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Late in ...
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Keeping Abreast
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Undoubtedly, the plummeting of oil price is one of the most observed and debated topics of this year's end, both for its economic and political implications. These kind of events are hardly ever random, or driven by market forces alone. In this article I will examine the reasons ...
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... that seemingly binds together these two otherwise unconnected threats. According to Jonathan Freedland, "[IS] feeds Ebola, and Ebola feeds [IS] — and our fear feeds them both."
The fight against IS has combined into one its military, oil, economic and financial components. It has already become a familiar argument that airstrikes alone cannot defeat these fanatic hangmen. And as they are suffering heavy losses, if they mix among the local population, most of the casualties of the ...
... course, solely the author's own, and do not represent the official views of either the U of Michigan, Ann Arbor, or its Energy Institute, of which the author has been a Fellow since 2008 or so. I have been following the world energy industry, and the oil industry in particular, on a daily basis, ever since my MBA thesis on the evolution of Oil Tanker Shipping at the Sloan School at MIT. I have also been receiving and studying the annual Statistical Survey on World Energy published by BP since the ...