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Ross McCracken

Contributor since: 09 Nov 2018

Ross McCracken

Ross is an energy analyst, writer and consultant who was previously the Managing Editor of Platts Energy Economist

Latest articles from Ross

  • Tricky Times For U.S. LNG Producers

    Published 10 July 2019 | viewed 7,738 times

    A glut of new LNG supply coming on-stream after a relatively warm northern hemisphere winter has seen spot LNG prices plunge, putting a dent in…

  • Oil Markets Unbalanced By Brinkmanship

    Published 03 July 2019 | viewed 3,384 times

    OPEC agreed in Vienna that it would roll over its 1.2 million b/d crude oil production cuts for another nine months, which would keep the…

  • Why OPEC Wants Oil Below $60

    Published 26 June 2019 | viewed 17,077 times

    In its June oil market report, the International Energy Agency (IEA) revised downward its global oil demand forecast for 2019 for the second consecutive month,…

  • The War Risk Premium For Oil Prices

    Published 19 June 2019 | viewed 8,216 times

    Last week’s attacks on two tankers in the Gulf of Oman have ratcheted up tension in the Middle East. Lloyd’s List has reported a tenfold…

  • What To Do About Peak Oil Demand

    Published 12 June 2019 | viewed 5,814 times

    Long-term energy scenarios for the most part come in three variants: business as usual, which de-emphasises the possible impacts of technological and regulatory change; a…

  • OPEC Powerless Against Global Production Growth

    Published 05 June 2019 | viewed 8,884 times

    Despite US sanctions on Iran, Venezuela’s ongoing crisis, Libya being at risk of conflict-related oil disruption and Russian oil exports curtailed by contamination problems, oil…

  • Is India’s Oil Demand Being Underestimated?

    Published 29 May 2019 | viewed 6,171 times

    Huge jumps of 8.2% and 9.5% in Indian oil demand in 2015 and 2016 led to growing expectations that India had reached a critical developmental…

  • The Trade War Is Transforming Oil Markets

    Published 22 May 2019 | viewed 4,971 times

    The increase of US tariffs on goods imported from China in May and the Chinese response – higher tariffs on a further $60 billion of…

  • The Politicization Of European Gas

    Published 15 May 2019 | viewed 3,088 times

    In April, the EU awarded two sets of funds designed to strengthen Polish gas security. It granted €128 million ($144 million) from the European Regional…

  • The Energy Implications Of Additive Manufacturing

    Published 08 May 2019 | viewed 4,116 times

    Additive Manufacturing (AM) is a three-step process involving Computer Aided Design (CAD), creation of a digital computer file and then manufacture of a product from…

  • LNG: A Growing Factor In Oil Demand Destruction

    Published 01 May 2019 | viewed 7,439 times

    The global population of plug-in electric vehicles (PHEVs) is expected to reach 8.5 million by the end of 2019, according to EV Volumes, with an…

  • Trump’s Gunboat Diplomacy

    Published 24 April 2019 | viewed 3,752 times

    Washington’s announcement that it will not extend its sanctions waivers for key importers of Iranian oil - China, India, Turkey, Japan and South Korea -…

  • The Exceptional Factors Driving Oil Markets

    Published 17 April 2019 | viewed 4,830 times

    Brent crude moved over $70/barrel in the first half of April, despite a weak global economy. In its latest World Economic Outlook, the IMF reduced…

  • Is Carbon Capture And Storage Unavoidable?

    Published 10 April 2019 | viewed 943 times

    Carbon Capture and Storage (CCS) has so far been more notable for its failures than its successes. In North America, only two commercial-scale post-combustion projects…

  • The Hydrogen Economy – A Bonanza For Natural Gas

    Published 03 April 2019 | viewed 6,054 times

    The hydrogen economy might be on its way, but it won’t be arriving any time soon, not until after 2030 at least. If and when…

  • Uncertain Times For Dated Brent

    Published 27 March 2019 | viewed 4,253 times

    The global crude oil benchmark Dated Brent is set to change once again this November as S&P Global Platts, the benchmark’s custodian, introduces trade in…

  • How China’s Oil And EV Policies Combine

    Published 20 March 2019 | viewed 3,872 times

    China’s continued expansion of its oil refining sector and its environmental policies often appear contradictory. On the one hand, it is the world’s leader in…

  • The IEA’s Search For A New Narrative Of Doom

    Published 13 March 2019 | viewed 4,516 times

    The International Energy Agency (IEA) released its Oil 2019 report March 11, providing forecasts to 2024. The IEA paints an extraordinary picture of transition for…

  • Oil For Power: Bucking A Long-Term Trend

    Published 07 March 2019 | viewed 4,512 times

    Oil demand for power generation has been in long-term decline since 1990 as countries have gradually displaced oil with cheaper feedstocks, primarily coal and natural…

  • Oil Is Going Nowhere In Maritime Transportation

    Published 27 February 2019 | viewed 6,460 times

    What do Japan’s recent positioning in favour of open-loop scrubbers and the global trade slowdown have in common? They will both serve to slow fuel…

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