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A Shock to the Oil System
4 Articles
4 Articles
A shock to the oil system
The war in Iran has cost the global oil supply roughly 15 million barrels a day so far. Today, International Energy Agency executive director Fatih Birol said the war’s impact on oil is worse than the two oil shocks of the 1970s, combined. On today’s episode, a look at how long this shock could last. Plus, how skyrocketing natural gas prices will impact U.S. data centers, and why the stock market isn't “baking in” the long-term impacts of the wa…
L'analyst Ispi: "At the time 6% of global oil was missing, today 17%. The deep effects we will feel over time. Among the few to laugh c'è Putin: cashes more and Europe will be tempted to reopen to its gas. "This crisis is worse than the one of 1973 that brought the West to its knees and tripled oil prices in a few months despite a reduction of just 6% of the world oil supply. Matteo Villa, senior analyst of the Institute for International Policy…
IEA director describes this crisis as worse than both 1970s oil crises combined
The Corner Norbolsa | Trump has given Iran 48 hours to open the Strait of Hormuz, failing which he will begin targeting its power facilities, but Iran is threatening to attack the critical infrastructure of all its neighbours. In addition to the latest ‘threats’, there is concern that we are now entering the fourth week of the conflict, with no sign of a solution, which increases the likelihood of facing more far-reaching...
Norbolsa Market Consensus Trump gives a 48-hour deadline for Iran to open the Strait of Ormuz but will begin to tap its electrical installations, but Iran threatens to attack the critical infrastructures of all its neighbors. In addition to the latest "threats", it worries that we are already entering the fourth week of conflict, without solutions, which increases the likelihood of seeing us in larger scenarios where the damage in terms of grow…
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