Oil producers are meeting in an attempt to bolster prices. But don’t expect them to strike a deal. Here’s why, and what low prices mean for the rest of us.
We're on the cusp of a revolution in the energy industry. It's one that could redraw the energy map of the world, give humanity the ability to tap essentially unlimited power sources, and – if you make the right investments – make a fortune for investors.
In short, we're living through a change in the way the world produces and consumes energy. It is a transition that's well under way. And it's being driven by the convergence of several key technological trends that are showing no sign of abating.
While you wouldn't be alone in thinking that solar power was further away than ever, you could be wrong. Solar is on the brink of becoming the world's dominant energy source.
With oil and gas comprising 95% of exports and 40% of GDP, Azerbaijan is one of the countries hardest hit by the oil-price slump. This year, the economy is expected to shrink by around 3%.
A multi-year glut, which has depressed natural gas prices, is nearing an end.
For the first time since Norway set up its sovereign wealth fund in 1996, the state has tapped it to cover some public spending.
Russia and Saudi Arabia hope to curb output to raise prices. Would that work? John Stepek looks at the oil investment cycle – and foresees the end of an era.
The oil price jumped from around $42 to more than $50 a barrel in August. But in the past few days the momentum has weakened.
Industrial gas giants Linde and Praxair are set for a $60bn merger – but regulators won’t give them an easy ride.
The US should be on the brink of a new recession if history is any guide. But we shouldn’t be too quick jump to conclusions.
THE END OF OIL
Understanding how the end of oil will affect your life and money is the single most important thing you’ll do in the next decade.
And it will affect you, because it’ll affect everyone. But only a handful of people will be bold enough to see what’s happening and move early to take advantage.
That’s exactly what our research report “The End of Oil” is designed to help you do.
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