Markets

Kiran Stacey

Thursday’s dramatic drop in the price of oil and other commodities has left markets reeling.  Read more

The US Energy Information Administration, distributor of the world’s most scrutinised and transparent energy statistics, is facing tough budget choices on account of the government’s ongoing debt ceiling fiasco.  Read more

Given the scale of the original reaction to troubles at Japan’s Fukushima-Daiichi nuclear plant, it’s interesting to see the degree to which uranium ore prices have stabilised since March. Especially since the crisis itself is doing anything but. Read more

Kiran Stacey

Oil production at the Sarir and Misla oilfields could restart within weeks, the Libyan National Transition Council has said. Read more

Kiran Stacey

Brent priceThe only thing more surprising than the comment from Ali Naimi, the Saudi oil minister, that the oil market is oversupplied, is how seriously the market appears to have taken it. The oil price has dipped sharply today, according to some at least, because of Naimi’s comments. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Amrita Sen, oil analyst at Barclays Capital, answers your questions.
In this second of two posts, she discusses drilling in the US, national oil subsidies and growing demand from the Middle East. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Amrita Sen, oil analyst at Barclays Capital, answers your questions.
In the first of two posts, she discusses whether speculation is driving up the oil price, whether such an increase could trigger another recession and when “peak oil” might occur. Read more

Kiran Stacey

The global economic recovery is unlikely to be threatened by rising oil prices, Amrita Sen, oil analyst at Barclays Capital, has said. Read more

With oil firmly over $120 this week, Beijing responded by raising motor fuel prices on Thursday, the second time it has done so in a year.
More significant than the rises, however, is their restraint. The threat of inflation is such that Beijing has kept motor fuels much cheaper than the basket of international crude oils it uses as its reference. Read more

Kiran Stacey

As the oil price continues to soar, taking it to record sterling highs, governments are starting to fret.  Read more