for Oil Markets
Experts disagree on the potential oil market impact from Saudi Aramco's IPO. Some argue that the Kingdom will choose a pump-at-will policy to please shareholders, while others see continued coordination with OPEC.
In this past year, news surrounding energy security occurred at a dizzying pace, with the 2016 presidential election, major shifts in transportation amid the growth of autonomous vehicles, and OPEC cutting production the major highlights. We’ve covered these topics and more in a variety of stories, infographics, and videos. Here are 10 standout pieces.
OPEC’s talk about an agreement on a production freeze in late September has dominated headlines, scaring financial investors with short positions. But more important than the rhetoric about capping production is the possibility of more supply from the cartel returning to the market.
Matt Smith is Director of Commodity Research at ClipperData, a company that tracks global cargo flows of crude and products. He speaks to The Fuse about data transparency, trade flows, and recent price trends.
Gunvor is one of the largest commodity traders in the world. David Fyfe, Gunvor's Head of Market Research and Analysis, talked to The Fuse about current oil market dynamics, shifting trends in global trading, and the status of OPEC.
Widespread hedging among U.S. producers and OPEC increasing its volumes even as some members deal with unexpected supply cuts have the potential to cap prices, or possibly bring about another leg downward.
“It is easy for consumers to be lulled into complacency by ample stocks and low prices today, but they should heed the writing on the wall."
Although Iran has diligently reformed its petroleum contract to attract IOCs, the OPEC country is still dealing with a volatile political and economic environment that could delay and possibly undermine new and longer-term investment.
Saudi Arabia is mulling selling shares in Aramco, but the announcement of a possible IPO has prompted a number of questions, particularly the overall value of the company.
Keisuke Sadamori, IEA's Director for Energy Markets and Security, discusses current oil market dynamics and energy security risks.