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: 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: 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: 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...
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...
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)...
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...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight