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Energy Forecast 2015 : Oil Prices Won’t Be Bouncing Back
The surge in production comes as growth in global demand hit a five-year low in 2014, due to “a sharp slowdown in Chinese oil demand growth and steep contractions in Europe and Japan,” the IEA said in...
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Tankers – The Bright Sector in Oil and Shipping Sector Collapse
Oil Traders Seen Storing Millions of Barrels at Sea on Slump is this man laughing ? Oil companies are seeking supertankers to store 20 million barrels of crude as a collapse in the price of the...
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Morgan Stanley Oil Warning: The Crash / Glut Continues
Morgan Stanley has been pretty pessimistic about oil prices in 2015, drawing comparisons to the some of the worst oil slumps of the past three decades. The current downturn could even rival the iconic...
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