Tag: OPEC

Hysteresis: World oil demand peaked in 2019.

Demand for world oil, but perhaps not world energy, peaked in 2019. Covid-19 has radically shifted the energy demand system:

A short post here ahead of some more detailed ones to come in July and August. I have recently started

Energy is Evolving Quickly “Don’t be afraid of a little metaphor; it won’t bite you, but you should always make sure

BP’s latest Energy Outlook shows us our fossil-fuel-dominated energy future – unless we intervene with technology and policy “…when oil

With the rapid growth of new energy sources, but sustained hyper-investment in fossil fuels we are entering a world of

Crude oil demand is walking a tightrope. Any faulty price signal not based on demand fundamentals will stress already fragile

Near-term oil market analyses emphasise decline rates and pessimistic outlooks leading to looming supply gaps. However, a top-down view shows the

Oil demand has backed itself into a corner; OPEC’s last hope of growth lies in road transport, but history and

“How did you go bankrupt?” Two ways. Gradually, then suddenly.” Ernest Hemingway, The Sun Also Rises The oil and gas

OPEC seems in control of the oil world, but in fact it is terribly constrained. A review of OPEC’s previous production