Oil in Global Economy Series: Can oil price go up if Saudi Arabia has a vision?
Apr 27, 2016 05:58 am UTC| Commentary
Saudi Arabias deputy crown Prince Mohammad bin-Salman, popularly known in short, MbS, released an ambitious plan, Vision 2030 on Monday, which got approved by the cabinets on the same day. And today, is Wednesday, so I am...

Oil price rebound brings some relief for Russia’s macro indicators
Apr 21, 2016 13:36 pm UTC| Commentary
The oil price rebound, strengthening rouble and decreased volatility are bringing some relief for Russias macro indicators. Russias March 2016 output and demand data show clear signs of stabilisation. The fall in...
Oil in Global Economy Series: Rise of a Prince
Apr 19, 2016 11:58 am UTC| Commentary
Doha talks between global producers have failed is not much of a news any longer, more so because oil market has so far shrugged off any weakness stemming from it. After Doha talks failed, oil price slumped to $37.6/barrel...
China’s refinery runs likely to decline in Q2 2016 due to maintenance
Apr 18, 2016 12:14 pm UTC| Commentary
In February, Chinas refinery runs reached a record of 12.2mb/d. Refinery runs in March increased 53kb/d y/y, reaching rate of 10.6mb/d. Post freeze in retail prices, refineries in China have enjoyed strong margins. In the...
Doha talks on oil production freeze fail, may again trigger price wars
Apr 18, 2016 06:09 am UTC| Commentary
The Doha meeting that took place on Sunday between 16 oil producing countries ended without an accord on oil production freeze. The ineffectiveness in reaching an agreement between non-OPEC and OPEC producers threatens to...
Oil in Global Economy Series: Fossil fuelled fund not to invest in fossil fuel coal
Apr 15, 2016 08:23 am UTC| Commentary
In our post named Future of oil can be seen in Present of Coal available at http://www.econotimes.com/Oil-in-Global-Economy-Series-Future-of-oil-can-be-seen-in-present-of-coal-194144 , we discussed the bleak future for...

Russia: a global energy powerhouse that's much more than a petro-state
Apr 14, 2016 16:30 pm UTC| Insights & Views
Russia is not what you think. Most discussion about its energy influence has focused on oil and gas, particularly gas. Russia can be described, and is routinely described, as a petro-state. This is only partly...