Oil in Global Economy Series: Biggest threat to oil price recovery in short to medium term
Feb 01, 2017 08:30 am UTC| Commentary
If you ask, what is the biggest threat to oil price recovery, especially in the short to medium term? The answer will be just two words; Donald Trump. The actions taken up by the US President Donald Trump since his...
As Trump mulls another 'reset' with Russia, he should consider perils of Big Oil diplomacy
Jan 28, 2017 07:39 am UTC| Insights & Views
Energy has long been used as a tool of U.S. foreign policy, particularly in the Middle East. But its true in other regions and countries as well, most notably Russia, where President Donald Trump is pondering another...

Oil in Global Economy Series: Swing producers in US remain major concern for oil bulls
Jan 25, 2017 06:40 am UTC| Commentary
The recent and sharp rise in U.S. crude oil production has forced the oil bulls to rethink their position and not to be overoptimistic on the production cuts from the OPEC and some N-OPEC producers, which is expected to...
Further 270 mln barrel decline in world oil stocks needed to rebalance markets - OPECs Barkindo
Jan 20, 2017 14:59 pm UTC| Commentary
Speaking on the sidelines of the World Economic Forum in Davos, OPEC Secretary General Mohammed Barkindo said that accelerated stocks drawdown would help rebalance the market and establish the equilibrium oil...
IEA keeps 2017 global oil demand growth forecast broadly unchanged
Jan 19, 2017 14:54 pm UTC| Commentary
The International Energy Agency (IEA) published their latest monthly oil market report on Thursday which said that global oil markets were tightening with demand rising and focus turning toward cuts promised by OPEC and...

Oil in Global Economy Series: Oil forward curve review
Jan 19, 2017 06:13 am UTC| Commentary
In a previous article, named, Oil in Global Economy Series: Watch the contango and backwardation in oil market dated 10th December and available at http://www.econotimes.com, we suggested to our readers that the...
Oil in Global Economy Series: Too short a deal
Jan 17, 2017 10:03 am UTC| Commentary
Last November OPEC members met in Vienna and finalized a production cut deal, followed by an N-OPEC meeting in December for another production cut deal, which would together wipe out as much as 1.758 million barrels per...