Publication
Oil markets: Relative stability amid geopolitical strife
Multiple factors stopped oil prices from hitting triple digits, contrary to what many forecasters had anticipated.
27 February 2024
Multiple factors stopped oil prices from hitting triple digits, contrary to what many forecasters had anticipated.
Lord David Howell, Chairman of the Advisory Board of Crystol Energy, digs deep beneath our present troubles, including the shrinkage of trust in, and respect
The COP28 climate conference was an exercise in pragmatism, yet still delivered significant steps in the energy transition. Success will depend on concrete follow-through.
Politically divided Libya is trying to ramp up its petroleum output and draw foreign investors back to its vast oil fields.
The spasmodic movements towards reality, evident during 2023 in the great global energy transition project, will intensify in 2024.
Asia is a crucial market for every established energy exporter, but suppliers’ bets are not risk-free.
The war with Hamas will likely harm Israel’s nascent role as a natural gas exporter, although domestic production is still expected to double by 2027.
As its energy footprint grows, China is intent on maintaining a diversified supply, even with Russian flows increasing.
Dr Carole Nakhle Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its
Technical and, above all, political obstacles block Cyprus’s way to becoming a natural gas producer and exporter. Some Mediterranean neighbours, including Turkey, complicate the problem.
The country’s hopes for becoming a regional gas production powerhouse and LNG export hub are thwarted by question marks over its social and political stability.
To sustain its leading position in the global LNG market, Australia must diversify its export partners and invest in exploration, production and infrastructure.
Oil market expectations have shifted from fears of supply scarcity in the face of a rapidly growing demand to concerns about trailing demand and too much supply…
The LNG boom that followed Russia’s invasion of Ukraine is accelerating the transformation of global gas markets…
Efforts to impose windfall taxes on booming energy companies are often misplaced and expose flaws in national fiscal systems…
While the European Union works to diversify its energy supplies and improve energy security, Kazakhstan seeks ways to end its oil exports’ reliance on Russian infrastructure…
Some countries have a stranglehold on the materials the world needs to build a low-carbon economy…
Oil prices have confounded expectations in the first quarter of 2023. Brent – a major global benchmark – hit a low of US$72 (£58) a barrel on March 17…