The IMF’s most recent World Economic Outlook (IMF 2007) contains a box entitled “Understanding the Link Between Oil Prices and the World Economy”. In our view the analysis is misleading, and likely to confuse rather than clarify the question of the relationship between demand, supply, oil prices, and the world economy.
Argentina has a peculiar history. In the early 1900s, it was one of the leading countries in the world, but at the end of the century it more resembled a developing country. Argentina remains however the richest country in South America despite its economic decline, as measured by GDP per capita.
LNG in marine transport – is it about to become the environmentally-friendly fuel of choice? https://t.co/iN1e4pdLX7
OIES presentation quoted on impact of Iranian sanctions: oil market backdrop different with crude stocks below 5-ye… https://t.co/rwJaHHwzbk
OIES’s @thierry_bros on the need to move from oil to energy storage for the benefit of all - https://t.co/8yAzoF3pf4