Peak Oil Notes – 17 Sep
It seems that a lot of traders believe the oil glut thesis has been oversold and that a big price rebound is coming any day now.
It seems that a lot of traders believe the oil glut thesis has been oversold and that a big price rebound is coming any day now.
Some are saying that the decline in US shale oil production is a victory for the Saudi’s policy of driving high-cost oil producers from the markets by keeping OPEC production high.
The EIA seems to be getting a handle US oil production and its prospects for the next 18 months.
Compassion for refugees is spreading across Europe. Could it lead to a saner ‘open borders’ policy?
A weekly review including Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, Quote of the Week, The Briefs
US shale oil is unusual, in being privately owned: most of the world’s oil reserves (over 70 percent) are in state hands.
A weekly roundup, including: -Oil and the global economy -The Middle East and North Africa -China -Russia/Ukraine -The Briefs
The great oil price slide of 2014-15 is taking on epic proportions.
A weekly review including Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, The Briefs
A mid-week update. New York oil prices hit a six-year low of $42.69 on Tuesday before recovering later in the day and on Wednesday to close at $43.30.
A weekly roundup, including: -Oil and the Global Economy -The Middle East and North Africa -China -Russia -The Briefs
A wave of pessimism is engulfing the oil industry as prices show no signs of rebounding from multi-month lows.