Gazprom’s pivot to Asia has stalled and it must now continue to focus on Europe as its key export market. However, stagnant demand and increasing availability of LNG supply are set to put the company’s market share under pressure from 2016. To date Gazprom has responded to competitive threats by making reactive adjustments to its […]
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.
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.
The recent history of the informal market f o r North Sea Brent blend has been of great interest to those studying commodity markets in general and the oil market in particular . Two aspects of this market gives it this important position. First, the very rapid growth inactivity in the Brent market means that […]
This paper is an investigation into the relation between crude oil prices and the prices of the products made from refining crude oil . Commentators on the oil market often focus on a measure of the difference between t h e “value” of the oil once converted into products and the cost of the crude […]
A review of prospects for natural gas as a fuel in road transport https://t.co/LHOICkAUUz
OIES study on Russia’s refining system reviewed: Plans for further additions of more complex refining units have be… https://t.co/GTmB7XB5g0
New OIES paper on Russian refining sector and fuel oil exports: From 2015, as a result of new export tax policies,… https://t.co/2OFbXIbbUX