Has China's coal use peaked? Here's how to read the tea leaves
Apr 12, 2016 12:23 pm UTC| Insights & Views Nature
As the largest emitter of carbon dioxide in the world, how much coal China is burning is of global interest. In March, the countrys National Bureau of Statistics said the tonnage of coal has fallen for the second year...
Iraq calls in support for freeze deal
Apr 12, 2016 08:16 am UTC| Commentary
Just five days ahead of much anticipated oil producers meeting in Doha, which will gather oil chiefs from Saudi Arabia to Russia, Iraq has extended its support for the deal. The head of Iraqs state oil company said that...
Oil in Global Economy Series: What factors to watch in oil market?
Apr 08, 2016 11:01 am UTC| Commentary
Oil price has recently staged up above 50% rally, which for the first time in its 18 months rout has led to the bottoming question. While large investment banks such as Barclays, called the rally deviation from...
Offshore drilling: why it makes economic sense to wait
Apr 08, 2016 09:47 am UTC| Insights & Views
From chants of Drill, Baby, Drill to outrage over the BP oil spill, offshore drilling has been highly controversial in recent years. Some view it as a vastly underused revenue source, while others see it as a grave...
Oil in Global Economy Series: Producers need to focus on India, prize of next decade
Apr 07, 2016 09:26 am UTC| Commentary
India topped the list of worlds best performing economy this year, taking over China in growth rate. National Democratic Alliance (NDA) led by Prime Minister Narendra Modi, has taken up steps to remove the unnecessary red...
Oil in Global Economy Series: Angola SOS IMF
Apr 07, 2016 07:01 am UTC| Commentary
Angola sent a distressed signal to International Monetary Fund (IMF), worth $1.5 billion, making its first OPEC member to fall victim of oil price rout. After pushing many high cost producers to bankruptcies in U.S. shale...
Can WTI end its biggest consecutive daily decline since 2009?
Apr 05, 2016 12:15 pm UTC| Commentary
North American benchmark, West Texas Intermediate (WTI) is up today and trying to end its biggest consecutive daily decline since 2009. Yesterday, it was up in Asian and early European hours, but later turned negative...
Sudan: civil war stretches into a second year with no end in sight