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...
Oil in Global Economy Series: Future of oil can be seen in present of coal
Apr 13, 2016 11:04 am UTC| Commentary
If I would have told you back in 2008, a company whose share price was trading at $1260, would go to zero in next eight years, you would have called me crazy, if I would have told you again in 2011 the same thing, when...
Oil in Global Economy Series: Big traders see better balanced market in 2016
Apr 13, 2016 09:22 am UTC| Commentary
While global benchmark Brent crude reached new 2016 high yesterday, at $44.8/barrel (CFD), optimisms were plenty in Commodities Global Summit, organized by Financial Times. According to Torbjrn Trnqvist, chief...
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