Menu

Search

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: 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

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,...

Oil in Global Economy Series

Oil In Global Economy Series: Vanishing petro-Dollars likely to add to Saudi banking fragility

Mar 23, 2016 06:39 am UTC| Commentary

Saudi Arabias banking system likely to suffer liquidity setback as oil price, which despite recent gains, down more than 60% from its peak in summer of 2014. So far Saudi Arabia has withstand oil shock and survived...

Oil in Global Economy Series

Oil In Global Economy Series: Production freeze, shale swing and pinch of salt

Mar 22, 2016 11:04 am UTC| Commentary

Global oil market watchdog, International Energy Agency (IEA) in its last report indicated that oil price may have bottomed out and cited recent negotiations and agreement between OPEC and non-OPEC producers, which led to...

Oil in Global Economy Series

FxWirePro: WTI crude forms "Dragonfly Doji", break-out of 37.75 likely to lead upside targets but constrained to 42.90 ahead of supply data

Mar 21, 2016 13:14 pm UTC| Technicals

Finally, WTI crude oil prices has been able to show some more strength after the talks between Saudi Arabian and Venezuelan oil ministers on oil production freezing. Technical roundup: More bullish environment is...

Oil in Global Economy Series

Further gains in oil prices to be tempered by near-term oversupply

Mar 21, 2016 07:44 am UTC| Commentary

Crude oil prices are expected to decline due to near term oversupply after surging more than 45% from their January lows. In Q2, supply is likely to surpass demand by almost 1.3mb/d. This will further add to the already...

Oil in Global Economy Series

Mark your calendars: OPEC, non-OPEC meeting on April 17th

Mar 16, 2016 11:02 am UTC| Commentary

Energy ministry of QATAR confirmed today that follow up OPEC meeting to last months, where Russia, Qatar, Venezuela and Saudi Arabia met and agreed to production freeze at January levels will be happening on April...

  41 42 43 44 45 46 47 48 49 50   

Economy

Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors

Asian share markets opened the week on a cautious note, largely tracking weaker Wall Street futures, as extreme volatility in silver prices and a packed global economic calendar unsettled investors. The sharp moves in...

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...

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

Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand

Nvidia CEO Jensen Huang praised and gently pushed Taiwans leading technology suppliers to ramp up production, highlighting the intense global demand for artificial intelligence hardware during a high-profile visit to the...

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...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.