The drone attack on Saudi Arabia has an important impact on the country’s oil infrastructure, but we should not exaggerate its impact on world supply.
Continue reading The Drone Attack On Saudi Arabia. Less Supply Risk Than Many Think.
Category Archives: Energy
The New Green Deal Is Just Old White Elephants
What happens when politicians see that their monster stimuli have not delivered? They bring the next rabbit out of a hat. They need a new name and a new magic solution to make citizens believe in the magic of demand-side policies despite the constant failure of those same plans. Continue reading The New Green Deal Is Just Old White Elephants
Crude Oil Price 2019 & Insights from Daniel Lacalle
Key Points Discussed (original link and summary by Richard Snow)
- The Texas oil revolution
- Diminishing effectiveness of monetary policy
- Commodity prices and the Trade War ‘facade’
- Perverse incentives and the inverted credit cycle
- The Chinese debt load
- Forecasts and trading strategies for 2019
Continue reading Crude Oil Price 2019 & Insights from Daniel Lacalle
OPEC’s Dilemma. Qatar withdrawal from OPEC is a monumental event.
Qatar withdrawal from #OPEC is a monumental event that signals the likely end of the cartel. Watch my interview at @WIONews India. Continue reading OPEC’s Dilemma. Qatar withdrawal from OPEC is a monumental event.