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Why China Is Really Dictating the Oil Supply Glut

May 2, 2016

Why China Is Really Dictating the Oil Supply Glut Ship tracking data from Bloomberg shows that 83 supertankers carrying around 166 million barrels of oil are headed to China, which has stockpiled an impressive 787,000 barrels a day in the first quarter of 2016—the highest stockpiling rate since 2014. While the world was speculating about oil prices […]

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Angola Could Be OPEC’s First Member To Fall

April 13, 2016

Angola Could Be OPEC’s First Member To Fall OPEC-member Angola, which is dependent on oil for 95 percent of its export revenues, is facing an urgent cash flow problem, and the only way out is external help as the dominoes start to fall. Angola has sought financial aid from the International Monetary Fund (IMF) to […]

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Are The Saudis And Russians Deliberately Sabotaging Doha?

April 7, 2016

Are The Saudis And Russians Deliberately Sabotaging Doha? The actions and intentions of Saudi Arabia and Russia—the two largest oil-producing nations attending the Doha meeting on 17 April—have dashed all hopes of any fruitful outcome. The most important meeting of the last three decades, which has promised to forge new friendships and a new cartel, […]

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China And India Rewrite The Rules Of The Oil And Gas Game

March 24, 2016

China And India Rewrite The Rules Of The Oil And Gas Game As the current oil price crisis leads to some game-changing upheavals in the global energy market, Asia’s two powerhouses, China and India, are taking advantage of the supply glut to rewrite the long-established rules of business. India and China have seen exponential growth […]

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Oil Price Crash Was Not Saudi Arabia’s Fault

March 11, 2016

Oil Price Crash Was Not Saudi Arabia’s Fault Quite simply, the Saudis want to maintain their market share, but their means to control that are dwindling. The whole internet is jam-packed with analysis portraying Saudi Arabia and OPEC as villains for the oil price collapse. On a closer look, however, the Saudi’s could have taken […]

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Will Russia End Up Controlling 73% of Global Oil Supply?

March 7, 2016

Will Russia End Up Controlling 73% of Global Oil Supply? Russia has played a master stroke in the current oil crisis by taking the lead in forming a new cartel, but it’s a move that could spell geopolitical disaster. The meeting between Russia, Qatar, Saudi Arabia and Venezuela on 16 February 2016 was the first […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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