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Industry Watch article - published 26th May 2009
Oil price increases and the current recessionHow much of an impact did the surging oil prices between 2004 and mid-2008 have on the subsequent dramatic slowdown of the global economy? Oil price increases are obviously inflationary, especially in oil-importing countries, but they carry with them a more insidious threat: they reduce economic growth below where it otherwise would have been...
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Focus: IRAQ UPSTREAM OIL SECTOR, EXPECTATIONS AND REALITIES
The interest in Iraq’s oil and gas has seen its own ups and downs since the occupation of Iraq. Security and political stability issues have always played a decisive role. In addition, the way democracy has been understood, the different rulers of Iraq and the major political parties, have added further complicated issues such as power sharing, the status and future of Kurdistan, Kirkuk and the ‘Disputed Areas’, the constitution and last but not least the “Debathification Issue”............Read on
Latest Monthly Oil Report Highlights June 2009
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The price of OPEC’s reference basket of crudes has risen above $70/bbl, almost doubling since the start of the year...more info
Latest Oil Product Price Report Highlights June 2009 - Points to watch:
- Any announcements accompanying the Federal Reserve’s interest rate decision.
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Any major profit warnings ahead of the end of 2Q09...more info
Latest FSU Oil & Gas Advisory Service bulletin 26/06/09
- Russia’s LNG plans...more info
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Founded by Sheikh Yamani in 1990, the Centre for Global Energy Studies is a leading energy forecasting organisation specialising in the analysis of the oil market and the economics and politics of energy. Our expertise lies in the forecasting of oil demand, supply and prices, OPEC policy, the Middle East, Russia and the Former Soviet Union. We are well known for our unbiased, in-depth studies and subscription publications. We also offer tailor-made consultancy and hold energy-related events. More about the CGES.
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