Home » Posts tagged 'opec' (Page 29)
Tag Archives: opec
Is Saudi Arabia Leaving The U.S. Behind For Russia?
Is Saudi Arabia Leaving The U.S. Behind For Russia? The news from the recent St. Petersburg Economic Forum, which took place from June 18 to 20, inspired a torrent of speculation on the future direction of energy prices. But the real buzz at the conference was the unexpected but much publicized visit of the Saudi […]
Why A U.S Shale Slowdown Will Hardly Effect Oil Prices
Why A U.S Shale Slowdown Will Hardly Effect Oil Prices Just last week I wrote on the possibility of a renewed downturn in oil prices, owing to the fact that huge volumes of supplies could potentially come online in places like Iraq, Libya, and Iran. That is still the case. But let’s look at the other side […]
How Big Oil Was Saved From The Oil Price Crash
How Big Oil Was Saved From The Oil Price Crash Low oil prices have been less of a drag on the big integrated oil companies than it has for smaller producers. Diversified portfolios have allowed the largest oil companies to weather the storm better than their smaller competitors. To be sure, Big Oil has not […]
Biggest Glut In Recorded Crude-Oil History Taking Shape
Biggest Glut In Recorded Crude-Oil History Taking Shape The world is on the brink of the longest-lasting oil glut in at least three decades and OPEC’s quest for market share makes it almost unavoidable, according to Bloomberg. Oil supply has exceeded demand globally for the past five quarters, already the most enduring glut since the 1997 […]
Global Cooling Alert: World Faces Longest Oil Glut In Three Decades
Global Cooling Alert: World Faces Longest Oil Glut In Three Decades The world is on the brink of the longest-lasting oil glut in at least three decades and OPEC’s quest for market share makes it almost unavoidable. Oil supply has exceeded demand globally for the past five quarters, already the most enduring glut since the […]
Don’t Believe The Hype On U.S. Shale Growth
Don’t Believe The Hype On U.S. Shale Growth The OPEC Free Fall There is a popular narrative going around that I want to address in today’s article. Last November, after several months of plummeting crude oil prices, the Organization of the Petroleum Exporting Countries (OPEC) met to discuss the oil production quotas for each country […]
A Bit Of Perspective On Gasoline Prices
A Bit Of Perspective On Gasoline Prices To me, commodity pricing today is so distorted that it is almost startling. The media continues its post Goldman Sachs’ bearish calls to pound away on OPEC supply with little attention paid to rising demand. Admittedly, as we end the summer driving season, such demand will wane, adding […]
The PetroYuan Is Born: Gazprom Now Settling All Crude Sales To China In Renminbi
The PetroYuan Is Born: Gazprom Now Settling All Crude Sales To China In Renminbi Two topics we’ve deemed critically important to a thorough understanding of both global finance and the shifting geopolitical landscape are the death of the petrodollar and the idea of yuan hegemony. Last November, in “How The Petrodollar Quietly Died And No […]
Delayed gratification for OPEC, more pain for investors
Delayed gratification for OPEC, more pain for investors Delayed gratification is said to be a sign of maturity. By that standard OPEC at age 55 demonstrated its maturity this week as it left oil production quotas for its members unchanged. It did so in the face of oil prices that are about 40 percent lower than they […]
Global Oil Shortage Before Year’s End? Surely Not…
Global Oil Shortage Before Year’s End? Surely Not… Now that OPEC has left its production quota unchanged, the world will continue to see a glut in supplies, right? Some analysts aren’t so sure. Sanford C. Bernstein predicts that by the end of the year global demand will outstrip supply by an estimated 1.5 million barrels per day. […]
OPEC is frying bigger fish than just Canada’s oilsands
OPEC is frying bigger fish than just Canada’s oilsands OPEC keeping the taps wide open, letting Saudi Arabia pick off many birds with one stone OPEC’s masterminding of the world oil market is leaving Canada to wonder where exactly our reeling energy industry fits within the scheme of the cartel’s strategic thinking. By leaving its production […]
OPEC oil glut is shattering Harper’s superpower dream
OPEC oil glut is shattering Harper’s superpower dream Producers’ brinksmanship has worked, and Canada is cutting production In the battle to see who blinks first, OPEC hasn’t blinked. And it looks like it isn’t going to, as it meets this week in Vienna. Six months ago the Organization of the Petroleum Exporting Countries, led by Saudi Arabia, […]
Cold Shoulder For Russia Could Hint At OPEC Decision June 5th
Cold Shoulder For Russia Could Hint At OPEC Decision June 5th Before the November 2014 OPEC meeting in Vienna, the head of Russia’s state-owned oil company Rosneft flew to Vienna to meet with OPEC members. The meeting demonstrated Russia’s interest in stopping oil prices from falling further, as it pushed OPEC to cut back on oil […]
“If It Looks Like A Duck” – The Man In The Moon: Part 2
“If It Looks Like A Duck” – The Man In The Moon: Part 2 In part 2 of the “Man in the Moon” series we look at Paul Volcker’s roundtrip – monetary policies and their impacts from 1971 through the Great Leveraging to today. Part 1 can be found here. If it Looks Like a Duck… […]
