The vilification of oil is bad for perception but good for business for the largest oil companies.
Technology is determining the winners and losers of the global oil industry.
Last week’s rally in crude prices has proven to be short-lived thanks in large part to OPEC and more bad news from China.
What was once a supply-side phenomenon is now being aggravated by falling global demand, meaning lower oil prices and even more pain for long-suffering oil producers.
This is second in a two-part series, this article examines what lower oil prices means for Libya, Canada, the United States, and Iraq.
Even though the Maduro government has stopped posting official statistics, it’s no secret that the economic situation in the Bolivarian Republic is going from bad to worse.
Producers have looked on in horror as crude plunges towards $40 a barrel, but we’re not at the bottom yet.
Production disruptions, the spread of Islamic State, and two governments hanging on by a fiscal thread – Libya is descending into anarchy. But that hasn't stopped Italy’s Eni and other producers from keeping the oil flowing.
In this series, Geopoliticalmonitor.com analyzes political fallout from the global plunge in oil prices. Part two focuses on Canada.
In this series, Geopoliticalmonitor.com analyzes political fallout from the global plunge in oil prices. Part one focuses on Venezuela and Cuba.