Trends
Prices rise as oil market ignores IEA intervention
15 July 2011
Prices rose despite Saudi Arabia increasing output and the IEA releasing strategic oil reserves
Oil production rises ahead of demand surge
15 July 2011
Global production rose in June by 1.2 million barrels a day
IEA should stand back: The oil market will correct itself
14 July 2011
The IEA should resist the pleas of Western politicians, stand back, and let the oil market correct itself
IEA pricks oil’s bubble by releasing strategic stocks
23 June 2011
The IEA’s release of crude from strategic stocks is less about Libya than about the global economy – and it should send oil prices tumbling
Force majeure: Risks and protection
20 June 2011
Contractual force majeure provisions must be analysed in detail, risks and liabilities identified, and management strategies developed
Oil market boom set to bust
17 June 2011
Is the crude oil market on the verge of another spectacular collapse? There are seven good reasons to believe a sell-off is on the way
Opec: Volatility the name of the game
16 June 2011
Global economy "out of the woods"; "$100/b oil is reasonable"; "Saudi Arabia needs Opec", says the cartel’s secretary general, Abdalla El-Badri
Opec row sees angry Saudi Arabia shouldering output rise
8 June 2011
Naimi dubs Opec meeting "one of worst ever"
Brent falls on US stocks build; natural gas prices steady
2 June 2011
An increase in crude stocks and disappointing US jobs data contribute to falls
Oil prices routed but floor found
26 May 2011
Crude prices crashed in early May after a raft of bad economic data and automatic trading algorithms sparked a sell-off
Opec oil production dips again
26 May 2011
Global oil supply dipped to 85.1 million barrels a day in April
Opec’s oil-supply dilemma as Libyan conflict continues
17 May 2011
Next month’s Opec meeting in Vienna is shaping up to be a humdinger
Gazprom sees oil-linked and spot gas prices staying on par
12 May 2011
European spot and oil-linked gas prices are likely to remain close to one another in the next two years as buyers that bought too little gas under long-term contracts are being forced to dip into the spot market to plug the demand gap, Gazprom’s head of pricing, Sergei Komlev said
Fuelling the future requires investment in technology
6 May 2011
Meeting the world’s energy demand in the years to come will require huge investment and technology innovation – and lots of oil and gas
Oil market’s time bomb keeps ticking
27 April 2011
When crude prices topped $100/b again in February, producers and consumers agreed: if the market sustained its surge into triple digits the world’s economy would suffer, and so would oil demand
Libya conflict hits world oil output
27 April 2011
Global oil production fell to 85.9 million barrels a day in March
Water: hot commodity, hot issue
31 March 2011
Water has become a significant source of friction between the energy industry and the public because of concerns about the impact of producers' water-management practices on health and the environment.
Majors open their wallets for upstream spending
31 March 2011
Upstream capital expenditure (capex) among big international oil companies (IOCs) is gathering momentum on the back of high oil prices and growing demand. The question is whether the attractive returns on offer will outweigh the increasingly high cost of uncovering fresh reserves
Crude prices on the rise
31 March 2011
Violence in North Africa, political risks in the Mideast Gulf and worries that a terrorist attack in Israel may trigger wider conflict across the region continue to buoy prices for Brent crude
Global oil production hits all-time high
31 March 2011
Output averaged 86.6 million barrels a day for the month
The great recession is over, says Opec secretary general
24 February 2011
The world's economy has nothing to fear from $100/b oil, says Opec secretary general Abdalla El-Badri
EU carbon market faces reform after theft
24 February 2011
IF THERE is an upside to the theft of at least €45m ($61m) of allowances that brought spot trading on the EU's carbon market to a halt, it is that the affair should bring about a more robust, rigorous system
Brent crude soars on Middle East unrest
24 February 2011
Unrest in the Middle East and rising demand forecasts from Opec and the IEA have combined to push oil prices to their highest levels since the spike of 2008
Opec drives oil production up
24 February 2011
World crude production rose by 0.5m b/d in January, to 86.2m b/d on the back of higher Opec oil and NGLs supply
World oil output down on non-Opec dip
27 January 2011
GLOBAL oil production slipped by 270,000 b/d, to 85.76m b/d in December, as non-Opec supply fell because of brief weather-related and technical outages