First on ISIS agenda is controlling Iraqi crude oil TOBIAS VANDERBRUCK | 2014/06/30 Followers of international politics were mostly taken by surprise early this month, when a hitherto unreported rebellion in Iraq suddenly threatened to shake the world’s oil markets. Throughout the year, the newspapers of the Western world were focused on Syria, then the […]

Train wagons are not a viable oil pipeline on wheels. STEVE AUSTIN | 2014/06/02 The much ballyhooed story of energy independence in the US is almost here, thanks to shale oil production from Texas and North Dakota. Also in the picture, there’s the growing production from Canadian oil sands. From being hugely dependent on overseas […]

To edge against market volatility large buyers often strike deals with individual oil producing countries, at a price different from the market. STEVE AUSTIN | 2014/05/05 Did you ever wonder what makes the price of oil move and why movements in the price of oil don’t always feed through to the gas station’s prices? Who […]