It is known as the Han River Dynasty, a near six-decade run of blistering economic growth that made South Korea the 11th-largest economy in the world today. For the average citizen, it has meant from 1960 through 2018, per capita incomes rose 30-fold to over $30,000.
June 09, 2019
The US and Russia, for decades Cold War adversaries, are now preparing for what appears to be a showdown over delivering natural gas to the EU.
August 02, 2018
It took oil ministers five hours behind closed doors at OPEC headquarters last Friday in Vienna and they had a full 48 hours beforehand at the OPEC International Seminar held at the grand Hofsburg Imperial Palace, but they cobbled together a deal that is still lacking in clarity.
June 27, 2018
It is expected to be the biggest IPO in history but when and where it will take place remain closely guarded secrets. One thing is for certain, the chances of Saudi Aramco going public in the second half of 2018, as originally planned, look less likely by the day.
March 23, 2018
The latest survey from the Washington based Energy Information Administration estimated that US output topped 10 million barrels a day for the first time since November 1970.
February 10, 2018
The turnout has been strong at box offices for the release of “The Last Jedi,” the latest instalment in the “Star Wars” series. In the spirit of the sci-fi classic, I think the earlier “Star Wars: Episode IV — A New Hope” can be best applied to what transpired in the world of oil in 2017.
December 28, 2017