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Fifty years of oil trading
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
Bad omens for Chinese oil demand
Sino-US trade tensions could see crude consumption crumble despite recent buying behaviour
Trump’s LNG metamorphosis
Fast-tracking US project approvals and increased trade pressures have already changed the LNG landscape since Trump came to office, with further transformation ahead
The many faces of China’s oil demand
While economic weakness and the electric vehicles trend have hit oil demand growth, petrochemicals and jet fuel show more nuanced changes across the barrel
China’s oil majors making gas shift
PetroChina, Sinopec and CNOOC are aiming to rebalance their energy mixes but face technically difficult deepwater and shale task
Letter from the US: Oil and gas producers face tax threat
Capping state corporate income tax deductions would reduce energy supplies and raise prices
Trump’s energy policy paradox
US consumers are not likely to see gasoline prices fall to Trump’s ‘beautiful number’, at least if the president also wants to encourage more drilling
Taiwan’s energy dependencies laid bare
Renewed China tensions threaten island’s inflows of oil and gas from overseas
Letter from the US: Houston has a problem with Trump’s energy policy
At some point it is likely that $70/bl will be quietly accepted as the producer-consumer sweet spot for a US administration having to balance both sides of the ledger
On tariffs, Trump is an open book
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
Author Daniel Yergin speaking at 22nd World Petroleum Congress
US Russia China Energy transition
Gerald Butt
6 September 2021
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Book review: A brave new energy world ahead, but few answers

Daniel Yergin’s new book offers a short but insightful history of key developments in the world of energy, but is less illuminating on the sector’s future prospects

The world faces more uncertainties than certainties in the new era of energy transition, according to one of the world’s leading energy authorities. Frustratingly, that premise appears to militate against bold prognostication. The New Map: Energy, Climate, And The Clash Of Nations is a misleading title for Daniel Yergin’s lengthy new work, given that a new map might imply fresh borders have been drawn. As the author is at pains to stress throughout, this is far from the case. And that caution is perhaps where an otherwise insightful tome slightly disappoints. That the borders between shifting fundamentals around future energy demand, environmental issues and geopolitics are fluid offers sign

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The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding

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