OIH


The $5.3 Trillion Global Energy Subsidy Problem

By Benedict Clements and Vitor Gaspar US$5.3 trillion; 6½ percent of global GDP—that is our latest reckoning of the cost of energy subsidies in 2015.

The Basic Economics of Smaller Economy: Crude Oil

  Since hitting it most recent low in mid-March, spot WTI has rebounded about 40% reaching above $61/barrel at one point. The ultimate …

Goldman’s Bearish Crude Oil View to 2020

Back in the summer of 2008, Goldman predicted that oil would rise to $200. Promptly thereafter, oil did rise to $150… and then crashed …

Bulls Still Running In Crude Oil

  If the fight between crude oil bulls and bears is reaching a conclusion, it’s likely to be a split decision. Oil prices …

OPEC Continues Oil Price War

Saudi Arabia continues to ratchet up production, taking market share away from U.S.

Why Is There an Oversupply of Everything from Oil, Labor to Capital?

The Wall Street Journal recently ran an article called, Glut of Capital and Labor Challenge Policy Makers: Global oversupply extends beyond commodities, elevating deflation …

Demand for Fuels, Metals, and Other Basic Materials is Higher Than You Think

The busy summer travel season is at our doorstep and with that comes stronger fuel demand. Back in March I shared the fact …

New Government in Alberta Brings Uncertain Future for Canada’s Oil Industry

As Canada prepares for a general election in the fall, the collapse of an aligned provincial government is likely to unsettle many federal …

Oil ETFs Saw $478M Exodus in 3 Weeks

By Catherine Ngai Oil investors are hastening their exit from exchange-traded funds, a move that some analysts argue is a form of protection …

Small Oil Producers Operating Loss Increased By $18.1 Billion

People are getting pretty excited about the recent jump in oil prices, and suddenly everyone seems to be recommending that it’s time to …

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