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oil prices

The IEA's Stressful Outlook

December 8, 2014 by Geoffrey Styles
10

For an organization established by energy-importing countries in the aftermath of an oil crisis, the recent launch of the International Energy Agency's annual World Energy Outlook (WEO) took surprisingly little satisfaction in the current dip in oil prices, and none in the difficulties it is causing for OPEC.[read more]

Eight Pieces of Our Oil Price Predicament

October 25, 2014 by Gail Tverberg
6

Oil Prices and Problems

A person might think that oil prices would be fairly stable. Prices would set themselves at a level that would be high enough for the majority of producers, so that in total producers would provide enough–but not too much–oil for the world economy. Unfortunately, it doesn’t seem to work that way recently.[read more]

Energy Quote of the Day: 'They’re Running Out of Luck'

October 18, 2014 by Jared Anderson

Oil Price and Supply

 

Oil market crystal balls are working overtime trying to find a floor to the current precipitous oil price decline that has seen both benchmark Brent and WTI dip below $90 per barrel. Most analysts agree that at the macro level weak demand coupled with ample supply are pushing down prices.[read more]

Lower Demand, Higher Supply Drive Oil Prices to Lowest Level Since 2012

October 10, 2014 by U.S. EIA: Today in Energy
1

Oil Price Drop

The price of North Sea Brent crude oil has fallen to around $91 per barrel, the lowest level in more than two years and about 21% lower than its year-to-date peak of $115 per barrel on June 19. Average monthly Brent spot prices had traded within a narrow $5 per barrel range, from $107 to $112 per barrel.[read more]

Low Oil Prices: Sign of a Debt Bubble Collapse, Leading to the End of Oil Supply?

September 27, 2014 by Gail Tverberg
54

Oil Prices and Supply Economics

Oil and other commodity prices have recently been dropping. Is this good news, or bad? I would argue that falling commodity prices are bad news. It likely means that the debt bubble which has been holding up the world economy for a very long–since World War II, at least–is failing to expand sufficiently.[read more]

As Cash Flow Flattens, Major Energy Companies Increase Debt, Sell Assets

August 1, 2014 by U.S. EIA: Today in Energy
11

Energy Company Cash and Debts

Cash from operations for major energy companies has flattened in line with flat crude oil prices. Based on data compiled from quarterly reports, cash from operations for 127 major oil and natural gas companies totaled $568 billion, and major uses of cash totaled $677 billion, a difference of almost $110 billion.[read more]

Energy Quote of the Day: 'The Flood May Just be a Trickle'

June 25, 2014 by Jared Anderson

Iraq Chaos and Oil Markets

As the situation in Iraq continues to develop, oil market bulls and bears are currently battling over the degree to which the worst sectarian violence since United States troop withdrawal will exert upward price pressure and lead to other market changes and risks.[read more]

Trillion-Dollar Question: Are Oil Companies Over-Investing in High-Cost Projects?

May 26, 2014 by Reid Capalino

Oil Companies and Investment Risks

Despite significant risks to long-term global oil demand (including from the need to reduce CO2 emissions), over the next decade oil companies may spend $1 trillion to develop new high-cost oil production. This post surveys how such expenditures will affect investors, and how investors can respond.[read more]

The Connection Between Oil Prices, Debt Levels, and Interest Rates

May 23, 2014 by Gail Tverberg

Prices, Debt, and Interest

The economy doesn’t just grow by itself (contrary to the belief of many economists). It grows because affordable energy products allow raw materials to be transformed into finished products. Increased debt helps energy products become more affordable.[read more]

Producers that Can Pump at $60/bbl Oil: Interview with Evan Smith

December 7, 2013 by Jim Patrick

Evan Smith joined U.S. Global Investors in 2004 as co-portfolio manager of the Global Resources Fund (PSPFX). Previously, he was a trader with Koch Capital Markets in Houston, where he executed quantitative long-short equities strategies.[read more]

Substitution Effects Capping Future Oil Demand Growth

October 8, 2013 by Amy Myers Jaffe
1

It is often said that the cure for high oil prices is high oil prices. History would argue that oil is a cyclical industry and that prices above competitive substitutes for oil invite fuel switching. Evidence is mounting that such substitution is already taking place.[read more]

Our Oil Problems are Not Over!

October 4, 2013 by Gail Tverberg
8

Oil Pricing Problems

If a person reads US newspapers, it is easy to get the impression that all of the world’s oil problems are over. But this is not really the case, as a major piece of the world’s oil problem is high price. Prices continue to be far above historic levels.[read more]

Cheaper Oil: Chaos or Prosperity?

July 27, 2013 by Gal Sitty
2

Results of Cheap Oil?

Oil permeates all sectors of our economy, national security, international relations and so much more. A major shock to oil prices, up or down, would have many effects. However, if oil prices dropped, the positives would outweigh the negatives on a global scale.[read more]

High Oil Prices Starting to Affect China and India

June 10, 2013 by Gail Tverberg
1

China's oil prices and consumption

A big part of China and India’s problems is that they, like the United States and most of Europe, are oil importers. There is a big difference in the impact of high oil prices on oil importing countries compared to oil exporting countries.[read more]

Could US Oil Trends Alter How Oil Prices Are Set?

June 10, 2013 by Geoffrey Styles

US oil export policy merits a thorough reevaluation, and soon, because the regional impacts of a continued no-export stance could become pronounced, even if the US never reached overall oil self-sufficiency[read more]