applied know how
I’ve recently posted about oil – here – where I explored the different pressures on oil price beyond pure supply and demand. As a follow up it remains insightful to consider that oil supply and demand could play only a small role in oil pricing through 2015… But that’s what one Oil commentator recently suggests.
Before explaining more , why am I focusing on oil?… Read more
The world is in the grip of a new oil shock. The shock is that prices have been collapsing.
Last week crude oil dipped briefly below US$70 a barrel. That’s about one-third cheaper than in June 2014. Prices are back at levels not seen since September 2010, when demand was still in a post-financial crisis slump.
The big reason often quoted now is that US production is going through the roof.… Read more