Reading Time: 3 minutes The world is past the era of growing crude oil demand and it may never recover to pre-pandemic levels
Author: Rashid Husain Syed
Toronto-based Rashid Husain Syed is a highly-regarded analyst specializing in energy and politics, with a particular emphasis on the Middle East. Besides his contributions to both local and international newspapers, Rashid frequently lends his expertise as a speaker at global conferences. His insights on global energy matters have been sought after by organizations such as the Department of Energy in Washington and the International Energy Agency in Paris.
Energy forecasters see doom and gloom on horizon
Reading Time: 3 minutes August marked the first time during the lockdown recovery period that global supply growth surpassed demand growth
The global energy landscape is changing fast
Reading Time: 3 minutes Over a fifth of Europe’s energy was generated by solar panels and wind turbines in the first half of 2020
Oil demand faces long, slow climb out of doldrums
Reading Time: 3 minutes Despite some oil industry analysts and observers looking at the glass as half full, there still seems to be ample reasons for gloom
Will petrochemicals be the last gasp for big oil?
Reading Time: 3 minutes The pandemic has caused some major producers to pause and defer investments in the petrochemical sector
Are we seeing a partial recovery in the energy market?
Reading Time: 3 minutes Supported by all these bullish factors, Brent crude spot prices rose. Yet oil markets also face bearish pressures
Trump’s oil industry optimism is misplaced
Reading Time: 3 minutes The pain is only just beginning to ripple through the U.S. industry in the form of bankruptcies and layoffs
Oil industry facing (c)rude awakening
Reading Time: 3 minutes The game is up: Oil and gas companies can no longer mask their financial frailty
Middle East oil exporters facing tough economic times
Reading Time: 3 minutes Despite the recent unprecedented output cuts by oil-producing countries, crude continues to trade around $40 a barrel
Crude oil marketplace bubble can’t last
Reading Time: 3 minutes Iran, Venezuela and Libya have virtually been forced out of production. But that hasn’t made the lives of other producers easier