Tag Archives: crude oil

Why French Military Action In Syria Doesn’t Affect Oil Prices

The horrific attacks in Paris prompted a swift response from French President Francois Hollande, as he dispatched an aircraft carrier to the Eastern Mediterranean a day after airstrikes hit the key city ISIS stronghold of Raqqa. The United States responded … Continue reading

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What The Paris Attacks Mean For Commodities Prices

The Paris tragedy clearly showed the world that the war on terror has gone global. If that had not already been made clear by terror bombings in Baghdad, Beirut, and the Russian airliner in recent weeks, it was hammered home … Continue reading

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Saudis Planning For A War Of Attrition In Europe With Russia’s Oil Industry

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been … Continue reading

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LNG Glut Set To Worsen Considerably Over Next 3 Years

LNG supplies are set to boom over the next 3 years. The IEA’s 2015 World Energy Outlook expects LNG export capacity to grow rapidly in the short-term, with major new sources of supply coming mostly from Australia and the United … Continue reading

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Can Russia Withstand Saudi Onslaught In The European Oil Market?

Is Saudi determination to continue to defend its global crude market share and to let market forces determine crude prices finally unnerving Russia in general and Rosneft CEO Igor Sechin in particular? Toward the end of October, the Saudis began … Continue reading

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