August 13, 2019/OilPrice.com Chart of the Week – Australia is set to surpass Qatar as the largest exporter of LNG in the world. – Australia’s LNG export capacity increased from roughly 2.6 billion cubic feet per day (Bcf/d) in 2011 to more than 11.4 Bcf/d this year. – […]
OPINION/EDITORIAL
Oil Price Risk Has Shifted To The Downside
August 9, 2019/OilPrice.com The US Federal Reserve cut interest rates July 31 for the first time since the 2008 financial crisis in an effort to keep the US’s long-running economic expansion on course. It was in many ways an unusual move given the strong labour market, but possible in the […]
Oil Markets On Edge Despite Price Bounce
August 9, 2019/OilPrice.com While a promise from Saudi Arabia to keep oil exports below 7 million bpd has given oil markets some hope, overall sentiment appears to be very bearish. Friday, August 9th, 2019 The main news today comes from the IEA, which called global oil demand “fragile” amid signs […]
