Notes From The Editor Posts


On Friday night at 11pm Easter European Summer Time, military jets buzzed the Turkish capital city of Ankara and major bridges in Istanbul were closed in the first actions of an ostensible military coup. Fizzling out in the early hours of Saturday...
“The world is not growing worse and it is not growi...
"cave idus martias" (Beware the Ides of March) According to a statement from Moscow, Russian fo...
In rapturous news, crude oil hit a 2016 price high as it peeked above $40 per barrel this Monday. A price rally of 40 per cent in the last four weeks has lifted the Black Gold from 12-year lows in January, igniting the hope amongst investors and...
"Every storage tank and swimming pool in the world will be filled with oil." - Bob Dudley, Group Chief Executive, BP As the global upstream industry winces under the continued pressure of low oil prices, parts...
As Brent crude "rallied" to $35 a barrel in trading this week, news coming out of the North Sea served as little comfort for an embattled hydrocarbons sector. Investment is set to drop to a paltry twelve per cent of its estimated annual...
As the price of a barrel of Brent crude remains below $40 for the third month in succession, our eyes fix to the quiet pachyderm that has been waiting silently in the corner. He’s been there, shuffling sheepishly from side t...
As the price of a barrel of crude danced around the $30 mark in its now customary ceilidh, supermajor BP announced record yearly losses and 7,000 jobs ready for the axe. Even worse news awaits France’s Total, who are expecte...
As the US starts to dig itself out of the snows that affected 60 million people this past weekend, oil prices rallied to touch the $32 per barrel mark.The ongoing oil price depression, which has seen prices plummet by 70 per cent in the las...
As a historical accord was agreed in Vienna to lift US sanctions on the Islamic Republic of Iran , Brent crude fell to its lowest point since 2003, bottoming out at a paltry $27.67.Confirmation from the International Atomic Energy Agency (I...
"Being slightly paranoid is like being slightly pregnant - it tends to get worse." – Molly Ivins (1944 – 2007)After the price of Brent crude slid to its lowest point since 2008, oil markets put on a slight rally to...
As dignitaries and heads of state from 150 nations unite in Le Bourget, Paris, for the COP21 climate conference, it is no surprise that oil is one of the hottest topics of debate. This has been made all the more ardent after further pugnac...
The downing of a Russian Sukhoi Su-24 by Turkish forces on the Syrian/Turkish border has given the "War on ISIS" a totally different complexion.
"Follow the money." – Deep Throat, All the President's Men, 1976In the aftermath of the tragic events of Friday 13th November in Paris, oil prices rose on the possibility of a geopolitical meltdown. In the wake of...
As the price of Brent crude oil remains 43 per cent down year-on-year, its gaseous cousin seems to have diffused colourlessly under the radar.