The rejuvenation of a former light industrial site in North London by Jaysam Developments and Design ACB has been green-lit, with construction set to commence in spring 2013...
The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all.
For many years, Brent oil (a European grade) and West Texas Intermediate (WTI) oil, a US grade, sold at close to the same price. Starting in January 2011, WTI price dropped below Brent, at times by more than 20%.
This is the fifth post in the series following the oil price, markets and general health of the global economy examining the simple theory that OECD recession may result from annual average oil price exceeding $100 / bbl.
Over the past 50 years, when oil prices have moved up sharply causing inflation, or remained high with annual average price around $100, recession has followed in many OECD countries (see example for UK below the fold)...
We have all heard at least a partial explanation as to why West Texas Intermediate (WTI) and Brent prices are so far apart. We have been told that the Midwest is oversupplied because of all of the Canadian imports, and the...
This is a guest post by Chris Cook. Chris Cook is a former director of the International Petroleum Exchange. He is now a strategic market consultant, entrepreneur and commentator.
This is a guest post by Chris Cook. Chris is Former Director of the International Petroleum Exchange, and is now a Strategic Market Consultant and commentator.
This post is an English translation of an article written by Jorge Nascimento Rodrigues and published in the 28th of February in the Economy section of the Journal Expresso, the largest weekly publication in Portugal...
- Popular Related Tags: brent, economics/finance, oil prices, wti, west texas intermediate, recession, europe, saudi arabia, chris cook, main
- Search for "brent" on our Eco Web Search