The Crude Oil Price debate…

An exceedingly well laid out piece on the direction of oil prices on the DesiBackToDesh blog. Reproduced the conclusion here with permission. To answer the directional question on crude oil prices one needs to form a view on the following drivers and the following countries: What is the outlook of the global economy? If you…Read more

Energy Review – The China Market

A.1.    Overview Despite the economic downturn in 2007, which saw China’s GDP growth decline by more than half from around 13% in 2007 to around 6% in the first quarter of 2009, its demand for energy remains high. In 2006 China was the world’s third largest net importer of oil which is in stark contrast to…Read more