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Month: December 2015

Category:
  • Climate

Cataclysms from the North Pole to South America

Rising water forces road closures and threatens homes. From the top of the world to near the bottom, freakish and unprecedented weather has sent temperatures soaring across the Arctic, whipped Continue Reading

Posted On : 31 Dec 2015 Published By : Tom Whipple
Category:
  • Peak Oil

The stunning scope of the world’s refugee crisis

One out of every 122 people alive today is someone who, at some point, was forced to leave his or her home. If you totaled up all these people, they Continue Reading

Posted On : 31 Dec 2015 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Fall on Oversupply Fears

Oil prices renewed their slide Wednesday ahead of data expected to show an increase in U.S. crude stockpiles. The American Petroleum Institute, an industry group, estimated that U.S. crude stocks Continue Reading

Posted On : 30 Dec 2015 Published By : Tom Whipple
Category:
  • Prices

Brent oil prices retreat toward 11-year lows | Reuters

Brent crude oil slid back toward 11-year lows on Wednesday as indications of slowing global energy demand bumped up against record-high inventories.  Benchmark Brent, near $37 per barrel, traded just Continue Reading

Posted On : 30 Dec 2015 Published By : Tom Whipple
Category:
  • Prices

U.S. Crude-Oil Stocks Seen Decreasing in DOE Data

U.S. crude-oil stocks are expected to decrease in data due Wednesday from the Department of Energy, according to a survey of analysts by The Wall Street Journal. Estimates from 10 Continue Reading

Posted On : 30 Dec 2015 Published By : Tom Whipple
Category:
  • Prices

Crude Prices Rise on U.S. Export Prospects

Crude prices were up Tuesday with the U.S. benchmark West Texas Intermediate moving higher than its global counterpart Brent because of the prospect of the first shipment of crude being Continue Reading

Posted On : 30 Dec 2015 Published By : Tom Whipple
Category:
  • Prices

Oil hovers near 11-year lows on abundant supply, slowing demand

Oil prices steadied not far off their 11-year lows on Tuesday, under pressure from slowing global demand and abundant supplies, with Saudi Arabia signaling no change to its oil policies Continue Reading

Posted On : 30 Dec 2015 Published By : Tom Whipple
Category:
  • Prices

What Could Drive the Price of Oil

Average U.S. gasoline prices fell below $2.00 a gallon in the week before Christmas. There was much rejoicing when average U.S. gasoline prices fell below $2.00 a gallon in the Continue Reading

Posted On : 30 Dec 2015 Published By : Tom Whipple
Category:
  • Prices

Supply outlook clouds crude’s rally

The outlook for the oil price next year is under renewed pressure following strong signals from Saudi Arabia that the world’s largest crude exporter is preparing for a long period Continue Reading

Posted On : 30 Dec 2015 Published By : Tom Whipple
Category:
  • Economy

Global growth will be disappointing in 2016 says IMF’s Lagarde

Global economic growth will be “disappointing” next year, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Continue Reading

Posted On : 30 Dec 2015 Published By : Tom Whipple

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