Tags » Oil Supply

Ewart: 'Lower and slower' to define oil price recovery | video

If the oil price plunge wasn’t disheartening enough, there are indications the eventual recovery may be “lower and slower” than those that followed previous price collapses. 754 more words


19 Jan 2015 (AFR) - Oil rigs close in US as energy price slumps

(19 Jan 2015, AFR, p9, John Kehoe, AFR Correspondent)

‘Energy companies in the United States shut down the largest number of drilling rigs in six years last week, as the halving of the oil price rendered many projects unprofitable. 54 more words

1.Market Observations

Why Cheap Gas Implies Worse Things for the Climate than the Keystone Pipeline

In November, the House of Representatives approved the Keystone XL Pipeline. The Rosebud Sioux, whose land the pipeline would run through, responded by declaring, “We are a sovereign nation…. 1,586 more words

My Own Thoughts

6 Jan 2015 (AFR) - Oil oversupply will continue to push price down

(6 Jan 2015, AFR, Max Mason)

‘The oil price has continued its slide into the new year, pushing beyond a five-year low as key producers refuse to rein in output and smaller producers ramp up supply, dragging on the commodity’s price. 40 more words

1.Market Observations

29 Dec 2014 (TheAge) - Oil price slide, sanctions to squeeze Russia hard

(29 Dec 2014, The Age, Szu Ping Chan)

‘There is no end in sight for Russia’s economic crisis, as crippling sanctions and tumbling oil prices leave the country staring into an abyss, the Organisation for Economic Co-operation and Development has warned. 53 more words

1.Market Observations