Oil Will Stay Above $50 Per Barrel In 2020
We begin 2020 with the stock market again testing record highs. We just finished a year in which oil prices rose by more than 30 percent. However, natural gas prices Continue Reading
Oil Glut Overshadows Geopolitical Risk In 2020
The risk of oil supply disruptions from around the world has diminished, and rising non-OPEC production provides a “solid base from which to react to any escalation in geopolitical tension.” Continue Reading
IEA: There Won’t Be A Low-Sulfur Fuel Oil Crisis
Supply of shipping fuels compliant with the stricter, low-sulfur, regulations are growing at a fast pace and are at adequate levels at the key hubs around the world, the International Continue Reading
IEA sees well-supplied oil market despite slower shale growth
The oil market is likely to stay well supplied in the near term with oil stocks growing in the first half of 2020 despite deeper production cuts from the OPEC Continue Reading
Street network patterns reveal global trend towards increasing urban sprawl
New research from McGill University and the University of California, Santa Cruz has found that the local streets of the world’s cities are becoming less connected, a global trend that Continue Reading
Five Clean Energy Trends To Watch In 2020
At the start of 2020, analysts bravely stepped out on a limb to predict how the turbulent energy market and energy systems will evolve at the beginning of the new Continue Reading
Climate change will reshape markets, McKinsey warns
Financial markets could face upheaval if the risks of climate change are not taken more seriously, McKinsey warned in a report on Thursday. Even climate-conscious investors, companies and regulators could be Continue Reading
OPEC December 2019 Oil Production Data
All OPEC data for the charts below are from the OPEC Monthly Oil Market Report https://momr.opec.org/pdf-download/ OPEC crude oil production continued to slide in December. OPEC production was down 161,000 Continue Reading
U.S. allows time to wind down deals hit by fresh Iran sanctions
The U.S. Treasury Department said on Thursday it will allow for a 90-day period to wind down transactions in certain sectors of Iran’s economy hit with fresh U.S. sanctions last Continue Reading
How U.S. sanctions are paralyzing the Iranian economy
Prices of consumer goods in Iran, including food, have risen sharply in the past few years as the country faces sanctions from the United States and its allies. The Trump Continue Reading