Tags » Oil Supply

The story of oil over the last year

Much bandspace in the internet world is given over to speculation on oil. It is assumed that the Saudi’s are trying to crush the shale oil production. 509 more words

Finance

2 June 2015 (AFR) - Prices are down, but Saudis keep oil flowing

(2 June 2015, AFR, p29, by Clifford Krauss and Stanley Reed)

‘The international cartel of oil producers has long followed the same basic strategy. When the market was soft, the group slashed production to raise prices. 21 more words

1.Market Observations

Oil-Exporting Economies at A Crossroad: Restructure or Risk Economic Growth

Countries dependent on oil exports to run their economies, such as several OPEC members, are challenged by the recent fall in global oil prices, reducing their oil revenues and driving their economies into difficulties. 897 more words

Economic Growth

Signal and Noise in the Oil Market

Conventional wisdom has been that cost of finding and extracting oil is on a secular rising trend.  Given the current low price of oil, is that still credible? 1,375 more words

Energy

The oil glut and low prices reflect an affordability problem

For a long time, there has been a belief that the decline in oil supply will come by way of high oil prices. Demand will exceed supply. 1,542 more words

Financial Implications

6 Mar 2015 (AFR) - Oil to stay below $US50 for the rest of 2015

(6 March 2015, AFR, p18, Mark Mulligan)

‘Surplus storage space and oversupply of capital will keep United States oil prices at less than $US50 a barrel for at least the rest of this year, one of the world’s most-respected commodities analysts says. 32 more words

1.Market Observations

Get Ready for $10 Oil Rising oil production and falling demand will combine to drive oil prices lower. By A. Gary Shilling - Feb 16, 2015, 6:00:02 PM

Get Ready for $10 Oil
Rising oil production and falling demand will combine to drive oil prices lower.

By A. Gary Shilling – Feb 16, 2015, 6:00:02 PM… 930 more words

Crude Oil