The price of Brent crude, the main oil-price benchmark, has broken through $75 for the first time this year. But the rally won’t last.
Oil will come off the boil
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.
A symptom of our quantitative-easing-addled world
That Saudi Arabian oil giant Saudi Aramco was able to borrow so cheaply on the markets is odd, says John Stepek.
By: John Stepek
“It’s the era of socially responsible investment – ooh hello, Saudi Aramco”
“Switched-on” investors like to talk up socially responsible investing, says John Stepek. But if you’re serious about doing it for real, you really need to do it for yourself.
By: John Stepek
Forget Trump or Opec – here’s what really drives the oil price
Donald Trump doesn’t like high oil prices. Oil cartel Opec does. But it doesn’t matter what either of them wants – they don’t control the oil price. John Stepek explains what does.
By: John Stepek
Trump's tweet scatters the oil bulls
A tweet from Donald Trump in favour of lower oil prices has put the cat among the pigeons.
By: Marina Gerner
Britain’s blocked fracking pipeline
Protesters claim that fracking for gas and oil is not worth the risks. Producers argue the rules are too restrictive. Who’s right? And does the industry have a future? Simon Wilson reports.
By: Simon Wilson
The oil price soars – but can it last?
The oil price has risen by nearly 25% so far in 2019, well in advance of any developed-world stockmarket. But the surge may not get a lot higher from here.
By: Marina Gerner
The oil price has soared this year – and it’s nothing to do with supply or demand
The oil price has risen by 20% this year – far outstripping the stockmarkets. John Stepek looks at the reasons for its rise, and what might happen from here.
By: John Stepek
