Oil & refined products
Oil and oil products markets buffeted by tsunami
Oil prices have fluctuated in the wake of the political upheavals in the Middle East and the tsunami disaster in Japan. Ned Molloy reports on the latest market developments
Iraq oil: promises and challenges
Despite Iraq being tipped as the next new hub for European oil supply security, the country has faced a series of infrastructural setbacks. Lianna Brinded investigates how much progress has been made and whether the high level of risks is holding back…
Middle East protests spread to major oil-producing countries
Brent crude reaches its highest price since September 2008
Macquarie moves into Canadian crude
Macquarie Group expands into Canadian crude market; hires ex-Trafigura Canada president to lead new business
Concerns over Egypt & inflation push oil derivatives trading volumes to record levels
Oil prices will continue to rise to triple-digit highs over 2011 on long-term Egypt risk premiums and continual unrelated underlying issues, say market experts
Brent-WTI spread broken: analyst
Brent-WTI spread causes concerns about oil benchmarks to resurface; Ice and Nymex defend use for futures contracts
Oil markets over-reacting to Egypt protests, say analysts
Declining global spare capacity is magnifiying the "fear premium" on oil, as a result of events in North Africa
Sunny outlook for Brazil energy
The new regime to develop Brazil’s pre-salt oil reserves aims to ensure the country maintains control over its cash cow. Pauline McCallion looks at the outlook for international involvement in exploration and production of the region
Oil to reach over $150/bbl in 12-18 months
A prominent hedge fund manager says oil price will break through historic highs within the next 12-18 months
CNOOC and Chesapeake announce second shale deal
Chinese E&P company CNOOC has announced a $1.3 billion deal to purchase a 33.3% stake in some of US producer Chesapeake's shale assets
Operational risk to reduce Iraqi oil supply and exports
Iraq, one of the world’s largest locations with proven oil reserves, will not be able to hit governmental production targets due to the level of operational risk, say experts
Credit Suisse global head of commodities leaves
Adam Knight, global head of commodities has left Credit Suisse, confirms source
GS: Opportunities from commodities emerging markets constraints
Goldman Sachs says investors should get exposure to crude oil, and put a $105 per barrel price target on it, as one of the supply-constrained commodities China most needs, David Walker reports.
IEA: Derivatives not to blame for oil's strength
The International Energy Agency (IEA) says that supply and demand fundamentals are to blame for oil price strength, not speculative derivatives products
Oil hedging strategies revised after Irish bail-out
Oil hedging strategies are being revised after Irish bail-out pushes up oil prices. Lianna Brinded investigates whethere recent oil price spikes will be sustainable over the long term
Irish bailout forces oil hedging strategies revision
Oil hedging strategies to be revised after Irish bailout pushes up oil prices
IEA slashes Gulf of Mexico supply forecasts
Repercussions from the BP oil spill force the International Energy Agency (IEA) to slash supply forecasts.
Oil market recovery hinges on China
Oil market recovery will rest mainly on China for the next 15 years, says the International Energy Agency (IEA)
DME's Q3 results point to struggle for crude futures
The Dubai Mercantile Exchange’s latest trading results reveal low liquidity levels for its key oil futures contract, despite a face-value surge in trading volumes
Europe – Threat to long term oil supplies
European domestic reserves of crude oil are declining at a rapid pace and with European energy demand set to pick up, the region could be exposed to additional security of supply risks, reports Katie Holliday
Oil price outlook
Despite oil prices staying tightly within range over the past year, Lianna Brinded finds out that most analysts see prices becoming more closely correlated to supply and demand fundamentals and edging higher, with $100/bbl expected for 2012
Petrobras raises the stake for unconventional oil
The Petrobras share sale at the end of September set a world record, with $70 billion raised. Alex Davis examines how this is a good omen for risk appetite in deep-water drilling