With survey data from the IGU and others continuing to demonstrate the continuing widespread adoption of hub pricing for European gas, and trading volumes growing strongly overall, this paper revisits the issue of hub price correlation. Following from her ground-breaking paper of October 2013 where for the first time in the public domain the analysis […]
This presentation analyses the impact of the recent oil market disruption on oil market dynamics and price behaviour. It makes the following observations. In historical perspective, the current oil market disruption has been small so far. However, the main concern for the market is the geopolitical context in which the disruption has occurred. There are […]
In this working paper, Adair Turner et al. consider price movements in the oil trading markets between 2003 and 2010, and provide an analysis of factors which potentially explain the significant trends in this period. The authors also discuss the impact of different forms of oil price volatility and propose the type that matters most […]
In his latest presentation Dr Robert Skinner examines the outlook for LNG, its influence on the evolution of regional gas markets, the likelihood of a global gas market and potential issues and factors affecting investments.
Keynes proposed that a ‘Commod Control’ agency be created after the Second World War to stabilise spot prices of key internationally traded commodities by systematically buying and selling physical buffer stocks. In this paper, the creation of a new Global Commodity Insurer (GCr) is discussed that would operate an international Commodity Price Insurance (CPQ scheme […]
The double squeeze on OPEC’s oil ouput caused by a fall in the world demand for oil and a rapid growth in non-OPEC supplies is preventing this organization from performing a price stablization role . The current oil price crisis is the consequence of these developments.
Contracts for Difference and the Evolution of the Brent Complex https://t.co/KYZEK0lFCC
The Druzhba Pipeline Crisis – The Lessons for Russia and for Europe https://t.co/CkMN5QDRgb
OIES study quoted in Reuters on how China appears to be diversifying gas supply, potentially importing more from so… https://t.co/3LEdHC9nqC
Anouk Honore on the pace of gas storage injections in Europe: There are some signs already that injection rates sho… https://t.co/xyhbo3bncY