Oil prices are no longer particularly cheap by historical standards.
Perceptions about prices tend to be over-influenced by recent experience so current prices feel very low to producers used to receiving $60-80 per barrel over the 2018/19 period.
June 20, 2020
‘Crises usually accelerate real trends in society and technology, they don’t create or refute them,” chess champion Garry Kasparov wrote on Twitter about the coronavirus epidemic.
May 30, 2020
The US Commodity Futures Trading Commission (CFTC) has written to exchanges, brokers and clearers in unusually forthright terms to remind them of their obligation to ensure orderly trading and commodity pricing.
May 15, 2020
US crude production remained close to a record level in June but growth has slowed significantly since the end of last year in response to lower oil prices and the slowdown is set to extend into 2020.
September 13, 2019
LONDON: A thoughtful new paper from researchers at the University of Illinois marks a significant step forward in research on how commodity futures prices are formed.
March 28, 2013
LONDON: High oil and gas prices have unleashed the biggest drilling boom in 30 years.
March 21, 2013
LONDON: China’s Huadian Corporation, one of the country’s top power producers, which won four licenses in the second shale gas licensing round last year, will tender for engineering and drilling services to meet its commitment to prospect for gas in blocks across Hubei, Hunan and Guizhou province
March 20, 2013
LONDON: Diesel is now six times more expensive than natural gas on an energy-equivalent basis in the US, a gap that is unsustainable.
March 17, 2013