Oil in Global Economy Series: Saudi Arabia bleeds reserve amid lower oil
Apr 05, 2016 07:19 am UTC| Commentary
Saudi Arabias pains are visibly on the rise as the economy facing threats of downgrades, if it fails to check on its ballooning fiscal deficit, which is projected to be 15-16% of GDP this year. In a separate article, we...
Oil In Global Economy Series: Report card on Saudi market share strategy
Mar 31, 2016 12:06 pm UTC| Commentary
Yesterday under this series, we inferred that Saudi Arabias strategy to over produce in an already over-supplied market, push the prices lower, push out high cost producers from the market like shale oil and increase...
Price shock: how the gas industry is weathering the oil crash
Mar 30, 2016 13:31 pm UTC| Insights & Views
Falling oil prices are causing a shake-up in the gas industry. The latest sign of this is Australian energy company Woodsides indefinite deferral of its huge gas project off northwest Western Australia. The A$40 billion...
Oil in global economy series: Saudi games not working
Mar 29, 2016 11:05 am UTC| Commentary
After more than a year into deployment, cracks are now plenty to conclude that Saudi Arabias strategy to keep production high, drive out high cost producers and increase/retain its market share has failed. Instead its...
Oil in Global Economy Series: Why rigs deactivation doesn't matter much?
Mar 28, 2016 10:23 am UTC| Commentary
According to latest numbers from Baker Hughes, number of active oil rigs operating in United States has dropped to lowest levels since 2008/09 financial crisis. While back in October, 2014, the number of active rigs were...
Oil in global economy series: Vulnerabilities moving down stream in U.S.
Mar 24, 2016 11:37 am UTC| Insights & Views
While lower oil price battered producers, drillers all around globe and US, more downstream companies such as refiners enjoyed a boom. Refiners saw their margins improve, with higher demand for end products and lower input...
Oil in Global Economy Series: Production freeze vs. North American glut
Mar 24, 2016 07:30 am UTC| Commentary
Several prominent OPEC and non-OPEC members, such as Saudi Arabia and Russia will be meeting in Doha, Qatar, to follow up and probably strengthen the production-freeze agreed last month on April 17th. While Saudi Arabia,...
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