Why you can't explain the Iraq War without mentioning oil
Jul 10, 2016 21:13 pm UTC| Insights & Views
Well before the US and UK led the invasion of Iraq, the two countries were under suspicion about their intentions for Iraqs oil. When asked on February 6 2003 in a BBC Newsnight programme whether the war in Iraq was about...
Iraq: what happened to the oil after the war?
Jul 08, 2016 23:28 pm UTC| Insights & Views
Opponents of the Iraq war often highlight the importance of oil when explaining why the invasion took place. While leaders at the time denied it was a motivation there is no doubt the countrys huge oilfields did offer...
Oil in Global Economy Series: What it means that US has more oil than Saudi Arabia or Russia?
Jul 07, 2016 10:04 am UTC| Commentary
A recent study by Rystad Energy that was conducted over 3 years of 60,000 oil fields globally says that the United States is home to larger crude oil reserves than Saudi Arabia or Russia. Previously it was estimated that...
Jun 14, 2016 13:50 pm UTC| Insights & Views
Just a couple months ago, some were declaring the old oil order dead after the Organization of the Petroleum Exporting Countries (OPEC) failed to agree on coordinated action at its April meeting in Doha. That meeting...
Gasoline supply in US likely to be plentiful in 2016 despite stronger demand
Jun 14, 2016 08:20 am UTC| Commentary
The US gasolines average price has peaked either in April or May, according to the AAA data. At the beginning of May, gasoline prices appearto have topped out about USD 2.22 per gallon before falling slightly. But, prices...
Key highlights from OPEC June oil market report
Jun 13, 2016 13:42 pm UTC| Commentary
In a sentence OPEC is optimistic on oil market balancing. According to their latest oil market report, released today, OPEC said that oversupply in the oil market is set to balance in 2016. Provided there is a...
OPEC says oil market likely to stabilize in H2 2016, keeps forecast unchanged
Jun 13, 2016 12:47 pm UTC| Commentary
The Organization of Petroleum Exporting Countries (OPEC) predicted that the global oil market is likely to stabilize around the second half of 2016, keeping forecast unchanged for the demand and supply of the energy...
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