On Tuesday 10 February at 13:00 GMT the IEA released its “Oil Medium-Term Market Report 2015 ”. The day before the release I was contacted by Jens Ergon at Sveriges Television (“Sweden’s Television, SVT) who wanted to get my opinion on the report. I had a number of hours to read through the 140 pages of the version provided to media prior to the report’s official release. This meant that I could comment on the report immediately it was released. SVT has now reported some of those comments in an article that Jens Ergon has written, “The Price Crash Will Reshape The Oil Market”. The subtitle is, “American oil boom behind the falling price. But opinions vary widely on the future of oil.” Let’s now go through the article together and I will make a few comments as we do so. “The comprehensive fall in the price of oil […]

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