Tagged With Derek Brower
6 July 2018
Under pressure from Trump, Saudi Arabia has demolished the Opec deal and will now pour oil into a market that is suddenly running short
22 June 2018
The group is seeking to return compliance to 100%, implying a sharp immediate rise in output. But the details are vague
22 June 2018
The urge to create a bigger producer group based on the Declaration of Cooperation is changing Opec's power politics
19 June 2018
Russia and Saudi Arabia plan to raise supply. The move will please the US but make for a rocky summit this week
21 May 2018
The market is primed for another price rally. The industry needs to update its outlook
15 May 2018
Gary Vogler's memoir of post-invasion Iraq gives context to the many challenges the country still faces
11 May 2018
Opec and partners have cleared the glut—but will keep cutting. The strategy will support prices, but recreate the conditions that brought about the last bust
8 May 2018
Parliament has passed a law to re-create Iraq National Oil Company. It faces opposition
1 May 2018
Damage to the country has been severe. The recovery needs lots of money and willing investors
6 April 2018
The range of estimates is wide and the White House isn’t giving much thought to what happens next
5 April 2018
With the help of thirsty consumers and collapsing Venezuelan output, the market seems at last to have found its range
15 March 2018
Demand and supply data still diverge, Venezuela’s increasingly critical to balances, and some macro alarm bells are starting to ring
9 March 2018
As tight oil soars, producers should welcome the retreat in prices. Cheaper oil is the best chance to bring back market equilibrium
9 March 2018
The rebalancing effort is on shaky ground. To keep cutting is a problem but to stop might be just as bad
9 March 2018
Chris Turner's new book is a thorough account of how Alberta's oil sands became one of the energy world's hottest properties—and its most controversial
27 February 2018
Geopolitics may be bullish or bearish. But it will almost certainly bring volatility to the oil market
14 February 2018
Predicting oil production growth is a perilous task at best. Surging US oil output isn’t helping
8 February 2018
Surging supply threatens to overwhelm balances, unless consumers come to the rescue
6 February 2018
Saudi Arabia wants Opec to keep cutting, despite the steady tightening of the market. It's a risky strategy
19 January 2018
Fixating on the timing of a peak in oil demand is misplaced. Rather, the peak's significance is in shifting the paradigm, from perceived scarcity to perceived abundance. And it poses a problem for low-cost producers
12 January 2018
Fossil fuel merchants including oil companies are living on borrowed time, argues a new book
9 January 2018
Don't bet against the president's imminent Iran decision lifting oil prices. But don't expect the rally to last either
15 December 2017
The latest forecasts from the IEA and Opec offer very different pictures of the oil market next year
14 December 2017
The cuts were extended—but with a built-in escape hatch and implicit threat to other producers
12 December 2017
The sovereign-wealth fund is a good idea—now it just needs some wealth to manage. The FMP’s executive coordinator spoke to Petroleum Economist
8 December 2017
It's hard to see how the Opec-non-Opec agreement would survive a steep decline in Venezuelan oil output in 2018
1 December 2017
Cuts extended to end-2018, but with a built-in escape hatch—and an implicit threat to other producers
29 November 2017
Many cutters are now sceptical of the need to keep cutting and a watered-down deal will be followed by weaker compliance in 2018 anyway
17 November 2017
Opec must extend its deal or face another sell-off. Then it needs to find an exit strategy
10 November 2017
Physical tightness and geopolitics suggest so. But price threats are lurking
2 November 2017
Efforts to secure the flow of energy often do the opposite, reinforcing injustice and historical resentments, argues a new book
17 October 2017
Supply-demand balances are tightening and sentiment is turning, but the next two quarters will be decisive
13 October 2017
The market should not ignore the geopolitical risks if the nuclear deal now unravels
26 July 2017
But a pathway out of the cuts is still not clear
24 July 2017
The supply deal is stuck in limbo—the cutters have complied but stocks remain high and prices weak. What now?
19 July 2017
Ecuador is doing what other members wish to—ditching a supply deal that has become more painful than gainful. Saudi Arabia needs to revive momentum
12 July 2017
Oil in Africa has a bad press—but it needn't be that way, argues a new book
3 July 2017
Pragmatism and a tolerance for risk are giving Russian energy interests an edge in the region
15 June 2017
Either Q1-Q4 crude consumption will rise at its fastest pace since 2010, or the data are very wrong
8 June 2017
The market wants to shrug off the Riyadh-Doha spat. It’s a risky position
26 May 2017
Extending the cuts for nine months is designed to kill off the stock glut, but the pledge to keep going will buoy tight oil
24 May 2017
An extension to the cuts may not help the group as much as it helps Texas
23 May 2017
The group has no real option but to roll over its deal on 25 May. Prices should rise in the second half of the year—and then the policy debate will start again
9 May 2017
The group is expected to extend its cuts deal. But global supply could still surge
13 April 2017
Trump might not bring more war to the Middle East, but as fundamentals tighten the market is ready to trade such risks
12 April 2017
Only real supply-side intervention has stopped oil-price volatility. But those days are gone, argues Bob McNally's new book
20 March 2017
Compliance with the Opec deal is defying the group's sceptics. How long can it last?
3 February 2017
The market should start pricing in the mounting geopolitical risks
