A midweek update. Oil traded between $30 and $32 this week as weaker fundamentals – increasing inventories and bad news concerning economic growth – was balanced off by reports that the Russians and the Saudis might get together to restrict oil output.
Articles: oil price (107)
A weekly roundup of peak oil news, including: -Quotes of the week -Oil and the global economy -The Middle East and North Africa -China -Russia/Ukraine -The Briefs
Only exceptional weakness in the global economy explains oil dipping into the $20 range. In doing so, the oil market has provided a warning for anyone who is willing to see it.
Forecasting is a dangerous business, but here are six predictions you should keep an eye on.
All evidence, however, points to a continuing depression in oil prices in 2016 -- one that may, in fact, stretch into the 2020s and beyond.
What is ahead for 2016? Many people have talked about Peak Oil, the Limits to Growth, and the Debt Supercycle without realizing that the underlying problem is really the same–the fact the we are reaching the limits of a finite world.
A midweek update. After trading in a range between $36 to $38 a barrel since mid-December, oil prices broke lower on Wednesday closing at $33.97 in New York and $34.23 in London.
A weekly roundup of peak oil news, including: -Quote of the week -Oil and the global economy -The Middle East and North Africa -China -Russia/Ukraine -The Briefs -Top 10 Energy Stories of 2015
A weekly roundup of peak oil news, including: -Quote of the week -Oil and the Global Economy =The Middle East & North Africa -China -Russia/Ukraine -Climate -The Briefs
We are hitting something similar to “Peak Oil” right now.