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OECD Archive
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Where actually is that much-hyped global oil glut?
Posted on December 29, 2015 | No CommentsThe media is full with news that there is a global oil glut. There are now more than 3bn barrels of excess oil in the world 13/11/2015 http://www.telegraph.co.uk/finance/oilprices/11993687/There-are-now-more-than-3bn-barrels-of-excess-oil-in-the-world.html Record oil […] -
US oil dependency on Middle East has hardly changed since 2007
Posted on November 6, 2014 | No CommentsThis is part 2 of a series of articles on how US tight oil has impacted on oil markets The following graph shows US petroleum imports from OPEC countries starting […] -
Australia beats them all – in oil imports
Posted on October 18, 2011 | No CommentsAmong OECD countries Australia is #1 in increasing its net oil imports over the last decade, for some a proud, for others a sad achievement. Federal Resource Minister Martin Ferguson […] -
A disunited OPEC can’t control upward trend of oil prices
Posted on June 9, 2011 | No CommentsA meeting of oil ministers in Vienna broke up unexpectedly without an agreement to raise production. OPEC’s president said some members wanted three months to consider the issue. Iran, Venezuela […]