Insight and inspiration in turbulent times.
A mid-week update. After a short-lived downturn following the failure of the Doha Conference last Sunday, prices rebounded Monday after Kuwaiti oil workers went on strike shutting in some 2 million b/d of oil production.
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 -The Briefs
A midweek update. Oil prices set 2016 highs on Tuesday but then pulled back Wednesday on an unexpected increase in US crude stocks and growing skepticism that the meeting in Doha on Sunday will have any significant impact on oil supplies.
Oil prices, which have been climbing steadily for the last two months, dropped sharply on Wednesday to close down some 3 percent for the day at $40.47 in London and $39.79 in New York.
Oil prices surged Wednesday on yet another round of expectations that there will be a production freeze by those oil exporters that in fact have little hope of increasing production soon.
The question of whether a healthy environment is a human right has been occupying the minds of legal experts and governments since the 1980s.
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 -The Briefs
A midweek update. Oil prices have been firm for the last few weeks on hopes that oil producers would cut production enough to bring supply and demand back into balance.
A weekly roundup of peak oil news, including: -Quote of the week -Oil and the global economy -The Middle East and North Africa -China -The Briefs
A midweek update. Oil prices have been steady for nearly two weeks now with New York futures trading within a dollar or so of $32 a barrel and London trading around $34.
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
A midweek update. After a 70 percent drop in the price of oil during the last two years, oil traders are desperate for any scrap of news that the situation is turning around.
