Trends
China to become second largest shale-gas producer by 2035
30 April 2015
BP's chief economist predicts the Chinese will be second only to North America
Demand for gas will rise by over 50% says IEA
23 April 2015
For the past few years industry executives have been talking up natural gas. Excited by the possibilities of a hydrocarbon that is, thanks to shale, considered globally abundant, relatively clean to burn, and easy to ship, the enthusiasts have proclaimed that the 21st century will belong to the fuel.
Oil prices 50% below last year's levels
22 April 2015
High stocks have pressured the oil price but April saw them begin to rise again
Opec supply has highest monthly increase in four years
22 April 2015
Organisation of the Petroleum Exporting Companies (Opec) reached a high supply rate in March - along with global oil supply
Ambiguity over Indian gas demand figures
20 April 2015
A pivot towards coal in the absence of concrete plans for gas price reform could see bullish projections for Indian gas demand growth evaporate
Cutting personnel is a big risk for oil companies, says SBC
26 March 2015
Oil companies seeking to cut costs by reducing numbers of engineers and other technical personnel risk becoming uncompetitive within a decade. Indeed, now is the time to invest in human resources, write Jean-Marie Rousset and Pierre Bismuth from SBC
Oil price nearing a six-year low as US crude stocks swell
20 March 2015
Crude prices have been dented as stocks remain high in North America
Demand recovery eyed as supplies edge up
20 March 2015
Global demand has been increasing steadily, with gains expected by the IEA
Prices fall as US shale gas supplies keep rising
19 March 2015
The prices have fallen to levels seen in early 2012 thanks to continuing supplies of shale
US shale production stalls on lower prices
11 March 2015
As companies cut costs, output growth of shale has also fallen
Caution urged as oil prices rebound after near six year lows
23 February 2015
Brent was trading roughly 50% below its June 2014 peak as Petroleum Economist went to press.
Crude supplies fall as cuts start to bite
23 February 2015
Supplies fell to 94.1 million b/d in January, data from the International Energy Agency (IEA) showed
Oil markets seeing red as crude price keeps falling
21 January 2015
Oil markets had little to celebrate over the New Year as the crude price meltdown continued. Brent was trading at $48.46 per barrel (/b) and WTI at $46.39/b as Petroleum Economist goes to press.
Supplies rise in face of plunging oil price
21 January 2015
Crude production continues to rise and demand remains tepid in spite of the falling oil price, according to figures from the IEA.
Ed Morse: Citigroup’s oil-market guru
15 January 2015
Morse has made a habit of calling turns in the market. Derek Brower sat down with him in New York City
Canadian oil sands produce more but slash planned capex
13 January 2015
Oil sands producers have announced plans to decrease capital expenditure, but many expect increased production levels this year
US shale producers slash spending amid falling oil prices
8 January 2015
Shale oil producers across the US are slashing spending and dropping rigs as the business faces its first major test from a steep decline in the oil price
Oil markets are dangerously rebalancing as prices fall
11 December 2014
Cheap oil will be a boon for consumers, but carries long-term risks too
Even lower prices await the oil industry
10 December 2014
The market is at last adjusting to the fundamentals of weak demand growth and burgeoning supply
Non-Opec growth to outpace improving demand
10 December 2014
The International Energy Agency says the trend is likely to continue into the new year
Opec leaves policy unchanged as oil price rout continues
10 December 2014
Oil prices are now at their lowest level since the financial crisis
A rebalancing of the petrodollar is starting
9 December 2014
As the latest multi-year rally in oil prices ends, a massive rebalancing of petrodollar is about to begin
Saudi Arabia gambles as Opec makes no cuts
29 November 2014
The kingdom’s shift in strategy is as risky as it was abrupt
Crude tumbles 20% since June to reach four year lows
21 October 2014
Prices have taken the hit as plentiful supply and weak growth take toll
Demand growth weak and production on the rise
25 September 2014
Geopolitics has lost its impact on the market and the fundamentals are bearish
Geopolitics on the back burner despite Middle Eastern troubles
20 August 2014
Rosier-than-expected fundamentals are easing oil prices – for now