Become a contributor

Bookmark Econotimes

Mon, Feb 02, 2026 01:37 AM All times are UTC

Follow Series

Oil in Global Economy Series

©Econometrics LLC . All Rights Reserved.

A new oil order has emerged over the past few years as oil prices have taken a plunge of about 60%. U.S., world’s one of key importer is about to become a major exporter of hydrocarbons. OPEC cartel, which has historically been a key player politically and price maker, losing its relevance and pricing power. On the energy front, renewables and gas becoming key challenger to oil’s global dominance. Moreover, this lower price is hitting energy exporters harder, creating global economic vulnerabilities. This new oil price and geo-political order demand greater analysis, which is the main focus of this series.

Oil in Global Economy Series

Oil in Global Economy Series: Oil price level for OPEC to compensate production cuts

Dec 09, 2016 12:23 pm UTC| Commentary

The OPEC countries reached a deal to cut production by 1.2 million barrels per day effective from January next year, hoping that such a move would stabilize the oil market and increase the overall revenue by increasing the...

Oil in Global Economy Series

Oil prices rise likely to touch $57 per barrel next year, says Nordea Bank

Dec 09, 2016 11:33 am UTC| Commentary

Next year, oil prices are likely to rise. After OPEC began the supply/demand rebalancing process, oil prices are expected to increase to USD 57 per barrel next year and to USD 62 per barrel in 2018 after being range bound...

Oil in Global Economy Series

Oil in Global Economy Series: Watch the contango and backwardation in oil market

Dec 09, 2016 10:00 am UTC| Commentary

One of the best ways to assess, whether the OPEC deal to cut oil production by 1.2 million barrels per day and non-OPEC countries commitment to cut production by 0.6 million barrels per day were effective in cutting down...

Oil in Global Economy Series

Oil in Global Economy Series: N-OPEC wins, OPEC lose

Dec 09, 2016 07:49 am UTC| Commentary

The biggest loser in the oil deal agreed in Vienna is the OPEC cartel and the biggest winners are the non-OPEC countries, many of whom wont even take part in the production cuts being organized by some non-OPEC countries...

Oil in Global Economy Series

Oil in Global Economy Series: Watch out for N-OPEC meeting tomorrow

Dec 09, 2016 07:02 am UTC| Commentary

OPEC countries met on November 30th and delivered the much anticipate deal that would see a production cut from the cartel in the tune of 1.2 million barrels per day effective from January. Now it is time for the non-OPEC...

Oil in Global Economy Series

Oil in Global Economy Series: Why even after OPEC deal EIA forecasts $50 per barrel oil for 2017?

Dec 08, 2016 08:12 am UTC| Commentary

On November 30th, OPEC members reached a deal to cut production by 1.2 million barrels per day and non-OPEC members would join in with another 0.6 million barrels per day production cut. The deal was supposed to be nothing...

Oil in Global Economy Series

Was the OPEC deal a win-win for all?

Dec 08, 2016 07:04 am UTC| Commentary

Win-win for all? Certainly not. Looking at the deal, one might assume that Saudi Arabia has shouldered the biggest cuts among OPEC members but close scrutiny revealthat may not be the actual case. To understand that one...

31 32 33 34 35 36 37 38 39 40

Economy

India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations

Indias latest Union Budget placed manufacturing firmly at the center of its economic strategy, prioritizing key sectors such as semiconductors, biopharma, electronics, renewables, and capital goods. While the government...

Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry

British Prime Minister Keir Starmers recent visit to China underscores the complex balancing act Western middle powers are attempting as rivalry between Beijing and Washington intensifies. While the trip allowed China to...

U.S. Stock Futures Slip as Markets Brace for Big Tech Earnings and Key Data

U.S. stock futures edged lower on Sunday evening as investors adopted a cautious stance ahead of a busy week filled with major corporate earnings and crucial economic data. The pullback follows weakness in technology...

South Korea Factory Activity Hits 18-Month High as Export Demand Surges

South Koreas manufacturing sector showed its strongest momentum in nearly a year and a half in January, driven by a sharp rebound in export demand and improving business confidence, according to a private sector survey...

UK Employers Plan Moderate Pay Rises as Inflation Pressures Ease but Persist

British businesses are most likely to raise employee pay by between 3% and 3.49% this year, according to a new survey, highlighting ongoing concerns for the Bank of England as it works to return inflation to its 2% target....

Politics

Peter Mandelson Resigns from Labour Party Amid Renewed Jeffrey Epstein Links

Former British government minister Peter Mandelson has resigned from Prime Minister Keir Starmers Labour Party following renewed media scrutiny over his past connections to disgraced U.S. financier Jeffrey Epstein. The...

Japan Election Poll Signals Landslide Win for Sanae Takaichi, Raising Fiscal Policy Concerns

Japans ruling Liberal Democratic Party (LDP), led by Prime Minister Sanae Takaichi, is poised for a decisive victory in the upcoming lower house election, according to a new opinion poll released by the Asahi newspaper....

U.S. Accuses Cuba of Harassing Top Diplomat Amid Rising Tensions

The United States has accused Cuba of interfering with the work of its senior diplomat in Havana after videos emerged showing small groups of Cubans verbally harassing him during visits outside the capital. The incident...

Democrats Score Surprise Texas State Senate Win, Fueling Momentum Ahead of 2026 Midterms

A Democratic candidate has won a closely watched Texas state senate special election by a double-digit margin, flipping a Republican-held seat for the first time in decades and adding to growing Democratic momentum ahead...

Trump Proposes Two-Year Shutdown of Kennedy Center Amid Ongoing Turmoil

President Donald Trump has proposed that the John F. Kennedy Memorial Center for the Performing Arts suspend all events for approximately two years, beginning July 4, as part of what he described as a major transformation...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure

Oracle has announced plans to raise between $45 billion and $50 billion in 2026 as it accelerates the expansion of its cloud infrastructure to meet surging demand from major technology and artificial intelligence clients....

Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate

Speculation around a potential Musk Inc has resurfaced as Elon Musks companiesSpaceX, Tesla, and xAIexplore closer ties amid rapid advances in artificial intelligence and automation. With SpaceX expected to go public later...

SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz

SpaceX delivered a strong financial performance last year, generating an estimated $8 billion in profit on revenues between $15 billion and $16 billion, according to people familiar with the companys results. The figures,...

SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom

SpaceX has revised its Starlink privacy policy to allow customer data to be used for artificial intelligence training, a move that could significantly support Elon Musks broader AI ambitions. The policy change comes as...

Nvidia’s $100 Billion OpenAI Investment Faces Internal Doubts, Report Says

Nvidias ambitious plan to invest up to $100 billion in OpenAI, aimed at supporting the training and operation of next-generation artificial intelligence models, has reportedly hit a roadblock. According to a report...