OPEC+ faces difficult decisions as Covid returns, recession risks rise, and oil prices crash
28th November 2021 by

OPEC+ oil producers saw prices tumble $10/bbl (13%) on Friday as the world woke up to the fact that ...

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Oil markets enter the endgame as car companies rush to electrify
11th July 2021 by

Almost every day now sees a car company rushing to announce its plans to boost Electric Vehicle (EV)...

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Friends of the Earth v Royal Dutch Shell – what did the Dutch Court rule, and what does it mean for Shell’s business?
6th June 2021 by

My Dutch colleague, Daniël de Blocq van Scheltinga, is a graduate of Leiden University in the Nethe...

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Oil markets, OPEC, enter the endgame for the Age of Oil
23rd May 2021 by

2 major events shocked oil markets last week. They marked the start of (a) the endgame for the Age o...

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Iran highlights OPEC’s dilemma on output cuts
14th February 2021 by

Saying you “won’t do something” may stop you digging a bigger hole for yourself. B...

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Oil prices start to reconnect with coal and gas
21st June 2020 by

Oil prices are finally starting to reconnect with other fossil fuel prices, as the chart shows.  It...

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Oil markets hit perfect storm as coronavirus cuts demand
1st March 2020 by

Former Saudi Oil Minister Sheikh Yamani’s warning in 2000 looks increasingly prophetic today: ...

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Oil markets hold their ‘flag shape’ for the moment, as recession risks mount
17th November 2019 by

Oil markets can’t quite make up their mind as to what they want to do, as the chart confirms. ...

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Oil market weakness suggests recession now more likely than Middle East war
11th August 2019 by

Oil markets remain poised between fear of recession and fear of a US attack on Iran. But gradually i...

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Recession risk rises as Iran tensions and US-China trade war build
26th May 2019 by

Oil markets are once again uneasily balanced between two completely different outcomes – and o...

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