One striking feature in the current market has been the prolonged contango in the WTI forward curve. Dr Bassam Fattouh assesses the various explanations that have been put forward to explain the current contango in crude oil markets.
Arab countries have 56% and 30% of the world’s conventional oil and gas reserves respectively. In 2003 they accounted for over 30% of world oil and NGL production, 11% of gas production, 16% of gas exports and 37% of LNG trade. This hydrocarbon endowment and rapidly expanding role in oil and gas trade conveys onto […]
This presentation, by Malcolm Keay, looks at the UK energy scene, with a focus on international energy issues and in particular on the UK’s energy relations with Russia. It was prepared as part of a project to develop ideas for international energy cooperation in the run-up to Russia’s Presidency of the G8 during 2006, for […]
World oil consumption over the next twenty-five years could be almost as much as the total amount of oil produced in the entire existence of the oil industry. This high demand for what is a finite resource makes it necessary to assess where the continuing need for oil stands in relation to latest views on […]
The Economist cites an OIES study: until oil-exporting countries shift economies away from oil, they need to cover… https://t.co/qylvo2LwFw
OIES's @thierry_bros interviewed by Radio Vatican on East Med gas. https://t.co/pRhtO5AtfN
After the Gazprom-Naftogaz arbitration: commerce still entangled in politics https://t.co/Pljui3Ao56