Insight and inspiration in turbulent times.
If oil is “just another commodity,” then there shouldn’t be any connection between oil prices, debt levels, interest rates, and total rates of return. But there clearly is a connection.
In an interview with ASPO USA in January 2014 Ex-Saudi Aramco geologist Dr. Sadad-Al-Husseini predicted oil price spikes of $140 by 2016/17. This post shows some graphs explaining why this could happen.
A weekly review, including: Oil and the global economy, The Middle East and North Africa, Quotes of the Week, and the Briefs
The prices of New York oil futures and those in London spread further apart this week as the EIA reported another large increase in US crude stocks, and Libya announced that its oil production was down to 250,000 b/d.
A midweek update. With the US shutdown/default crises overshadowing other issues, NY oil traded between $101 and $103 this week as prospects for a resolution to the standoff in Washington went up and down.
A weekly roundup, including:
-Oil and the global economy
-The Middle East and North Africa
-China
-Quote of the Week
-The Briefs
A mid-week update. After falling on Monday and Tuesday in the wake of the Syrian poison gas agreement, oil futures rebounded sharply on Wednesday after the Federal Reserved announced it will continue the current pace of bond buying and US crude stocks dropped by more than expected.
A weekly update, including:
-Oil and the global economy
-The Middle East and North Africa
-China
-Quote of the Week
-The Briefs
A weekly update, including:
-Oil and the global economy
-The Middle East and North Africa
-Quote of the week
-Briefs
With war drums sounding in Washington, Europe and across the Middle East, the oil markets took off this week.
A weekly update, including:
-Oil and the global economy
-The Middle East and North Africa
-Quote of the week
-The Briefs
A mid-week update. Oil prices have climbed slowly this week as ever-increasing problems in the Middle East were weighed against weak US demand and the possibility that the Federal Reserve may start to cut back on quantitative easing next month.
