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Oil in Global Economy Series

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A new oil order has emerged over the past few years as oil prices have taken a plunge of about 60%. U.S., world’s one of key importer is about to become a major exporter of hydrocarbons. OPEC cartel, which has historically been a key player politically and price maker, losing its relevance and pricing power. On the energy front, renewables and gas becoming key challenger to oil’s global dominance. Moreover, this lower price is hitting energy exporters harder, creating global economic vulnerabilities. This new oil price and geo-political order demand greater analysis, which is the main focus of this series.

Oil in Global Economy Series

We really must talk about gas

Sep 07, 2016 10:46 am UTC| Insights & Views

The European Commissions latest Quarterly report on electricity markets makes sobering reading down under. Over the last year wholesale electricity prices have been falling just about everywhere across the developed...

Oil in Global Economy Series

Oil in Global Economy Series: Russia rules out cooperation with OPEC

Aug 31, 2016 11:27 am UTC| Commentary

The embarrassing failure of the Doha talks in April still weighing over oil politics. Both OPEC and non-OPEC producers met in Doha with the hope that there could be global coordination on oil production but Saudi Arabias...

Oil in Global Economy Series

Oil in Global Economy Series: Saudi strategy bears fruit for Middle East

Aug 31, 2016 11:27 am UTC| Commentary

Saudi Arabias strategy to keep production high despite declining oil price to push the high cost producers out of the market and force an automatic market-driven adjustment that seems tohave worked. The strategy was also...

Oil in Global Economy Series

Oil in Global Economy Series: Strategic reserves in China and impact on price

Aug 31, 2016 09:10 am UTC| Commentary

An excellent article came from Bloomberg today that has touched upon the mystery of the Chinese excess crude, which possibly s being used to build the strategic crude oil reserve. Worlds second-biggest consumer of crude...

Oil in Global Economy Series

Estimating the 'cost' of fuel tax credits is a tricky business

Aug 29, 2016 07:42 am UTC| Insights & Views Law Economy

In calling for an end to fossil fuel subsidies, critics of Australias fuel tax credits system have highlighted its cost to Australian taxpayers and the budget bottom line. The Greens have said that ending fossil fuel...

Oil in Global Economy Series

Iran confirms OPEC meeting attendance, a freeze deal unlikely

Aug 26, 2016 07:58 am UTC| Commentary

Oil prices reversed their losses yesterday after Iran ended the speculation by announcing that it would join the informal meeting among the OPEC members to be held on the sideline of International Energy Agencys (IEA)...

Oil in Global Economy Series

FX Hedging Strategy Series

FxWirePro: Iran “a big wild card in OPEC’s out-of-the-blue meeting” in September – Recent rallies demand delta hedging

Aug 22, 2016 12:25 pm UTC| Insights & Views

The announcement of an informal OPEC meeting in Algiers at the end of September has coincided with a reversal in Brent crude oils losses since July. On the side-lines of the International Energy Forum, a biennial...

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Economy

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Politics

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Science

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The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

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Dark matter: our new experiment aims to turn the ghostly substance into actual light

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Technology

OpenAI Strikes Deal with Reddit to Bring Content to ChatGPT, Boosting Stocks

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