Tag Archives: oil prices

One thing we have learnt this week – economics is not working

The Archbishops of Canterbury and York have spoken out today, essentially saying for many in the West economics is not working.  You could also argue that economics is not working for many people in developing countries as well.  While incomes … Continue reading

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One thing we have learnt this week – falling oil prices

Who would believe it but falling oil prices are as a big a crisis as high oil prices!  In 2008 the UK government hosted an international crisis meeting in London on the oil price (then at an all time high).  … Continue reading

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One thing we have learnt this week- oil price

Yesterday after an OPEC meeting the oil price fell dramatically. Brent crude fell by almost $6/barrel in one day and there is talk of it going as low as $60/barrel.  The latest falls come after around a 30% fall in … Continue reading

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Zero growth- are we in a new era?

Are we entering a new era of zero growth with another global crash and slump?  Yesterday David Cameron just back from the G20 summit warned of another global crash.  Whilst this maybe domestic politicking there is some evidence to suggest … Continue reading

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One thing we have learnt this week- IEA WEO more pessimistic

The annual IEA WEO (International Energy Agency World Energy Outlook) report is out.  This is a big deal in the energy world and comes at a very interesting time.  Today the oil price has hit a four year low.  Some … Continue reading

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One thing we have learnt this week- why are oil prices so low?

Why are oil prices so low and why are they falling?  This is particularly surprising with so much war in the middle east and tension in the Ukraine.  There is almost no oil coming out of Libya due to its … Continue reading

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One thing we have learnt this week – oil prices

One of the big surprises of recent weeks has been  oil prices.  With all the turmoil throughout the middle east I would have expected oil prices to be soaring.  Instead they are doing the opposite.  Certainly throughout my life whenever … Continue reading

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