April 30, 2017

US Reaching Out to ASEAN Nations

Baird co-chairs the ASEAN-Canada Post Ministerial Conference. (Photo by GAC | AMC, Creative Commons License)

ASEAN needs to balance the United States and China. The United States has come late in acknowledging the geo-strategic significance of the organization. Southeast Asian leaders have already had 18 summits with China and 17 with Japan. Read More »

Europe’s Other Russia ‘Problem’

A vicinity of Moscow's famous Red Square. (Photo by Dennis Jarvis, Creative Commons License)

Russia’s economy continues to die a slow death, and is forecasted to contract even further this year. Europe must shine a spotlight on Russian business practices that threaten to have a global impact. Read More »

Russia Cries Dyadya (Uncle), Is Saudi Arabia Listening?

(Photo by Tim Evanson, Creative Commons License)

Intensifying financial pressures on Russian energy companies, Saudis and their Gulf Arab allies might be tempted to decide to maintain pressure on prices and force Russia to absorb the cuts necessary to balance the global crude markets. Read More »

60 Reasons Why Oil Investors Should Hang On

(Photo by Paul Lowry, Creative Commons License)

Will oil market miss the coming wake-up call and instead deliver a severe supply disruption with skyrocketing prices and a political response along the lines of windfall profits taxes? Read More »

Will Oil Prices Rebound in 2016? Interview With Carl Larry

(Photo by Mike Mozart, Creative Commons License)

There is more risk of oil prices to the upside than there is to the downside during 2016. The average prices are expected to oscillate between $45 and $48 during the year. Read More »

What Happens if China’s Economy Has a Hard Landing?

Shanghai skyline. China's booming economy has accelerated the pace of development in cities across the country. (Photo by Wilson Hui, Creative Commons License)

If China does experience a hard landing, it will take years to correct the underlying structural causes and restore China’s economic reputation. Read More »

Saudi-Iran Confrontation Could Send Oil Prices to $250

(Courtesy Google maps screen shot)

Even though it remains a remote possibility, direct military confrontation between Saudi Arabia and Iran could well put oil back into triple-digit territory in short order. Read More »

Global Automotive Sales Within Reach of 90m Units in 2016

(Photo by The Toad

Incremental volume growth in the US and Europe is forecast to be solid but less spectacular, while on the other side of the balance sheet, further downside from Russia, South America and some big ASEAN car markets will be less of a drag on global volumes as their impact lessens, having already suffered severe market contractions. Read More »

Saudi-Iran Dispute Won’t Cause Lasting Oil Price Rally

Iranians protest in Tehran against the execution of Shiite cleric Nemer al-Nemer by Saudi Arabia. (Photo via VOA video)

In other words, global economic weakness and the glut in oil supplies will continue to weigh on crude. At this point, only tension in the Middle East is providing a bit of a lift to oil markets, but even that won't be enough to push up prices in any lasting way. Read More »

$10 Trillion Investment Needed to Avoid Oil Price Spike: OPEC

(Photo via OPEC)

OPEC does not see oil prices returning to triple-digit territory within the next 25 years. The group expects oil prices to rise by an average of about $5 per year over the course of this decade, only reaching $80 per barrel in 2020. From there, it sees oil prices rising slowly, hitting $95 per barrel in 2040. Read More »