This isn’t supposed to happen. By now, say many pundits, the world should have moved into ‘post-oil’ mode. But it certainly hasn’t. Global oil production is presently some 100m...
Oil & Energy
Oil was supposed to go to $100 per barrel. Bulls were too bullish. Now the oil price has dropped, bears are too bearish.
President Donald Trump is giving OPEC stick because he wants oil prices to go down. He'll have his way soon enough.
Until renewables are ready to meet the world's future electricity demand, there will be a place for nuclear power.
My models predict a long-term rise in energy demand and energy prices.
The oil price is up to its usual tricks again – it’s all over the place.
Coal’s apologists suggest that CCS (carbon capture and storage) technology can be the fuel’s saviour on the grounds that it significantly cuts greenhouse gas emissions.
Renewable energy technologies are still relatively new, so they may still lack much-needed efficiency.
Oil is back in the news again. While financial markets elsewhere have been volatile, Brent crude has been trading in a narrow band.
Saudi Arabia wants to regain control over the oil market. But the shale producers have proven difficult to kill off.