Oil prices stabilized on Thursday…
Oil prices inched higher on…
As I pen these few humble words, Swedish combat aircraft are being tuned up for the long flight from Sweden to somewhere in the Mediterranean. There is no shortage of…
The recent uprising in North Africa and the Middle East (MENA) region, which culminated in an UN sanctioned military acton against Libya, suggests that the eventual break-up of the 'Organization…
Virtually every analyst has been puzzled by the seeming immunity of stock markets to soaring oil prices this year. In fact, stocks and crude have been tracking almost one to…
America is addicted to oil. We deem it a constitutional right to drive Hummers and have $4 a gallon gasoline. But there is an Achille’s heel to our lifestyle—oil is…
Oil sands represent approximately two-thirds of the world’s estimated oil reserves. Canada is the world’s major producer of unconventional petroleum from sands, and the U.S. imports more than one million…
The high price of oil won’t have passed you by if you’ve had to fuel your car or your home boiler recently, and the values of oil exporters’ currencies are…
Political restrictions on international oil drilling by OPEC, Russia, and other national oil companies and dictatorships is driving international companies to drill in more extreme environments. Extreme offshore drilling is…
The trajectory of Libyan oil production remains concerning. Estimates of current shut in production vary from a low of 500,000 barrels/day (b/d) to over 1 million, from a total production…
As pointed out in previous reports we think that the maximum global production of conventional oil could soon be reached. There is no doubt that peak oil is more than…
We don’t know precisely how oil supply will work out, but if it declines quickly, we need to think about how we can deal with such an outcome. A quick…
One key question in determining the impact of instability in Libya and elsewhere on world oil markets is how much other countries can and will increase production to offset the…
There are reports that the unrest in the Middle East has spread to the Sultanate of Oman. While at the moment there have been only one or perhaps two deaths,…
Political tensions in the Middle East once again remind us of the fragile dependency of the Western nations on imported petroleum, which have driven the price of a barrel of…
The world holds a huge amount of oil resources. Besides liquid oil, there is very heavy oil in various forms. There is also liquid oil trapped in oil shale, oil…
The impacts of the disruptions in the Middle East are now starting to become evident as supplies no longer flow into the delivery pipelines that carry fuel from countries such…
It's pretty easy to sum up America's role in the global market for oil: We need it, they got it. Here are the numbers, via the U.S. Energy Information Administration…
Carlos Slim announced in early February that he would increase his investments in Colombia, particularly in the oil sector. This week he backed up his statement by having his Grupo…
The smart money has their eyes on Saudi Arabia. Will the protests there turn ugly?All the drama seen on the streets, from the unnecessary deaths to Muammar Gadhafi’s rhetoric…
Libya is a relatively new country, having declared independence in 1951. For the last 39 years, the country has been ruled by a single man, Colonel Muammar al-Gaddafi. Over the…
We keep hearing about unrest in the Middle East and Northern Africa, with Libya being the latest country to get top billing. Why all of the concern, especially related to…