Category Archives: OPEC

When Will Oil Bottom?

Not until the discount of WTI to Brent disappears. If one of Saudi Arabia’s objectives is to curtail American shale oil production, then it bears to reason that this objective will not be attained until Brent and WTI trade at parity … Continue reading

Posted in Analysis and Opinion, Economy, Investment, Oil, OPEC, Saudi Arabia, United States, US Economy

Oil Quake 2014

2 December 2014 The consequences of a collapsing oil price will be deep and wide ranging. Brent oil has crashed from $115 per barrel in mid June to around $70 today, and WTI from $107 to $66. Here are the likely ramifications, the obvious and … Continue reading

Posted in Analysis and Opinion, Economy, Emerging Markets, Oil, OPEC, Saudi Arabia, United States, US Economy