The Daily Telegraph of 22nd April published an article on Brent[1] that referred to Consilience’s recent study on the continuing evolution of the “Brent” oil price benchmark and the new blends that might be added to the Brent/Forties/Oseberg/ Ekofisk (BFOE) basket of blends of which...
I'm Alright Jack So the long awaited Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC)[1] is out at last. It provides a review of the current state of scientific knowledge on global warming and forecast scenarios based on four different Representative Concentration Pathways...
It seems that basic economics doesn’t work in oil trading any more. Economics 101 suggests that if a commodity is in short supply its market price goes up...
