Category Archives: Crude Oil

3 Numbers with Lex: Oil production — FT

Three oil factors are afoot: US shale oil production may be at a peak, oil prices are rallying and Saudi Arabia is ramping up production. Lex’s Alan Livsey analyses this and what happens when the Saudis open their spigots again. … Continue reading

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Energy Breaking Out…

Lots of interest in the energy sector. The Energy ETF, XLE,  cleared a 4-month high today, closing at its highest price since the 6.4 percent gap down on November 28th.  It now looks headed to fill that gap at 85.15. … Continue reading

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The Decline of Petrodollars

Last week we pointed out that the crash in oil prices will reduce global liquidity as the revenue of oil exporters falls dramatically. This raises an interesting question: as petrodollars come out and flows to financial markets are reduced, shrinking … Continue reading

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A new paradigm for oil? – FT

In the middle of 2014 the price of oil was more than $100 a barrel; now it is hovering near $60. The FT’s Frederick Studemann asks Energy Aspects’ Amrita Sen and FT commodities editor Neil Hume whether low prices will … Continue reading

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Falling oil prices – a global tax cut – FT

Global oil prices have fallen more than 40 per cent in the past six months to hit their lowest level in almost five and a half years. Chris Giles, economics editor, and Neil Hume, commodities editor, discuss what the fall … Continue reading

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Global Oil: Daniel Yergen on Charlie Rose

Global energy and the price of oil with Daniel Yergen, author of: “The Quest.” Aired November 30, 2014 Click here for interview (click here if pictures are not observable)

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Chart of the Day: Components of the Gas Price

Back by popular demand. Click on chart for better resolution. (click here if charts are not observable)

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Some Consequences of the Oil Crash

The corollary of the oil crash wealth transfer from producers to oil consumers is  a conversion of  savings to consumption. The chatter about today’s market weakness, for example, is that sovereign wealth funds from the oil producing countries are liquidating … Continue reading

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Is Cheap Oil Bad for the U.S. Economy? – Bloomberg

Nov. 17 (Bloomberg) — Robert Bryce, senior fellow at Manhattan Institute, and Doug Kass, founder and president at Seabreeze Partners, discuss how oil productivity gains in the U.S. and around the world affect OPEC and the adverse economic effect of … Continue reading

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How will Opec act over oil’s fall? – FT

Oil prices are at a four-year low and Saudi Arabia’s oil minister, Ali al-Naimi, has dismissed claims that the country has triggered a ‘price war’. What do his comments mean for the Opec’s upcoming meeting? FT’s Neil Hume and Anjli … Continue reading

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