MbS and the Long Reach of Saudi Leadership
The Kingdom of Saudi Arabia exists as an odd mish-mash of geography and geology. It’s large, desert frontiers are remarkably ill-suited to economic activity. Before the discovery of oil, [...]
OPEC Production Deal, or Price War 2.0?
After the better part of five days of marathon negotiations spearheaded by Saudi Arabia with the goal of eliminating coronavirus-induced overhang in oil supply, global oil producers hammered out [...]
The Shattering of Global Oil
Oil demand is relatively inelastic. That’s a fancy-schmancy economic term that means people and firms’ energy demand doesn’t vary very much from day-to-day or even year-to-year. Driving to work [...]
Coronavirus: The Energy Guide
As a rule I try to stay out of discussions about energy prices. Energy trading is a hectic business with a lot of stress, plagued by fleets of hot-headed issues that have nothing to do with [...]
The Oil Wars Are Going Viral
We just had the second-biggest oil price drop on record as Asian markets opened March 8. For the past couple of weeks the Saudis have been attempting to cobble together an oil production cut of [...]
