Counting barrels is always tough to do, as Ross McCracken discusses in this month’s excerpt from Platts Energy Economist.
Archive for the ‘oil fundamentals’ Category
By Ross McCracken | July 29, 2014 12:01 AM Comments (0)
By News Desk | July 16, 2014 04:05 PM Comments (0)
By Olivier Lejeune | July 15, 2014 12:00 PM Comments (0)
It has not been a great year for high sulfur gasoil consumption in Europe, by any stretch of the imagination.
By Stuart Elliott | July 11, 2014 11:43 AM Comments (0)
The International Energy Agency on Friday gave its first taste of how oil markets might look in 2015, and on first reading it looks as though they should be pretty well supplied throughout the course of the year.
The agency’s confidence that non-OPEC supply can meet almost all of the projected growth in demand next year means that OPEC itself won’t need to produce, on average, any more than its current 30 million b/d ceiling. Read the rest of this entry »
By Jodie Gunzberg | July 3, 2014 12:00 PM Comments (0)
Our colleagues at S&P Dow Jones Indices — like Platts, a unit of McGraw Hill Financial — have launched a new commodity index. Investing in commodities through indexes do or do not have a significant impact on price; we cite both sides of the coin to note that it is an issue of significant disagreeement among analysis.
Platts wrote about the launch in this news story on July 1, the day the index was launched. We are republishing here a blog posting from S&P’s blog Indexology, written by Jodie Gunzberg, global head of commodities for S&P Dow Jones Indices. We have featured Jodie’s views on The Barrel previously.
By Ross McCracken | June 26, 2014 12:24 PM Comments (2)
By John Kingston | June 26, 2014 12:01 AM Comments (0)
Here are a few observations after two days in Sacramento — and on the phone — talking about the California Low Carbon Fuel Standard and the arrival of the state’s cap-and-trade law into the fuels market on New Year’s Day 2015.
By Joshua Brown | June 20, 2014 09:34 AM Comments (2)
The Bakken Shale play is famous for how dramatically it has impacted the global oil market, and it still might not be done.
Capitalizing on the flow of natural gas liquids could be the next big thing in the Bakken, with at least one company already making its plans.
By Alison Ciaccio | June 18, 2014 11:07 AM Comments (2)
When it comes to weekly oil inventory statistics from the US Energy Information Administration, the market looks at it with intent, ready to react.
Quite often, market experts, analysts and reporters alike comb through the data and attempt to explain the moves in weekly stockpiles and its impact on the ever-changing futures market.
By Margaret McQuaile | June 13, 2014 10:35 AM Comments (1)
Iraqi oil minister Abdul-Karim al-Luaibi was in Vienna for OPEC talks when Iraq’s second city fell to islamist fighters. He acknowledged that Iraq might not now be able to resume crude flows along the Iraq-Turkey pipeline, which has been closed since early March after sabotage, but insisted that the south of the country was “very, very safe” and that Baghdad would continue to export crude from its Gulf terminals.
Governments in oil-consuming countries will undoubtedly be hoping that Luiabi’s faith in Baghdad’s ability to protect its southern oil fields and export infrastructure is not misplaced.
But what if these jhadists, who have been able to take control of a huge swathe of northern Iraq, continue their push toward the south?