World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Beware Strait Talking on Oil
Keywords:
Tags:
Denning says that because of the enormous repercusions on Iran's economy of a war in the Persian Gulf, a more likely scenario is not the cutoff of supplies of Iranian oil altogether but a smaller list of buyers for Iranian oil, making Iran sell the oil at a discount. Saudi Arabia's and Libya's added production would bring more oil to the market. The impact will be larger on Europe because of the decline in the value of the euro, with Brent crude on a 12 month average basis costing 14% more now than in the peak price in 2008. By comparison in dollar terms the comparable figure is 4% higher for the U.S. At a price of Brent crude of $120 in 2012, according to Citigroup, energy costs would take up 9% of world GDP, putting pressure on a economic recovery in Europe and the U.S.
2011-2012 oil price increases and production increases by the Saudis, Iraq and Libya to increase the effectiveness of sanctions on Iranian oil
04/26/2006
Grouped Articles
Saudi, U.S., Iraq Step in to Plug Libya Oil Gap
Wall Street Journal 09/11/2013
In Libya, Unrest Brings Oil Industry to Standstill
New York Times 09/12/2013
Exxon Mobil Signs Iraq Deal With PetroChina, Pertamina
Wall Street Journal 11/28/2013
Host of Conflicting Forces Has Saudis on a Tightrope
Wall Street Journal 04/10/2007
Fall in Oil Prices Poses a Problem for Russia, Iraq and Others
New York Times 10/15/2014
As Oil Prices Plummet, Saudi Arabia Faces a Test of Strategy
New York Times 10/15/2014
GM. Ford, Chrysler and oil price increases in 2007-2008 and 2011-2012
06/02/2006
High oil prices in 2008 and again in 2011. The danger this poses for the Detroit automakers as they continue to depend on SUV's and larger vehicles for revenues and profits. Even with the big strides in making small cars, a Chevy Cruze or a Ford Fiesta is still not as popular as a Honda Civic or a Toyota Prius, says one analyst.
Grouped Articles
Chrysler’s Fall May Help Administration Reshape G.M.
New York Times 05/03/2009
Measuring Car Sales by the Gallon
Wall Street Journal 12/02/2014
Why Gas Feels Cheap—and Why It’s Not, Historically Speaking
Wall Street Journal 01/04/2015
GM Chief: Industry Ill-Placed for Oil Shock
Wall Street Journal 03/01/2011
Car Sales Jumped in February, but Here Come Those Gas Prices Again
New York Times 03/01/2011
Stepping on the Gas Needn't Crash Detroit
Wall Street Journal 03/23/2011
Oil companies and share prices- 2010-2012
08/24/2011
Grouped Articles
A Major Opportunity for Oil Bulls
Wall Street Journal 08/24/2011
Oil Prices Predicted to Remain Above $100 a Barrel Next Year
New York Times 12/28/2011
Wall Street Journal 01/06/2012
Fears of a 2008 Repeat for Oil
Wall Street Journal 03/18/2012
Wall Street Journal 06/07/2012
Commodity prices drop on economic woes in Europe, China, U.S. - The Washington Post
Washington Post 06/11/2012
Oil prices in 2012 expected to be above $100 with higher social spending by Arab countries and threats by Iran
04/19/2011
Forecasts in Dec. 2011 show oil prices remaining above $100 a barrel in 2012. The threat of Iranian retaliation for increased sanctions in the Straits of Hormuz have embedded a $10-$20 premium in oil prices say some experts. Saudia Arabia and other oil states have increased social spending after the democracy protests in the Arab world, and would like to see higher prices to support this spending.
Grouped Articles
Fall in Oil Prices Poses a Problem for Russia, Iraq and Others
New York Times 10/15/2014
Saudi Price Cut Upends Oil Market
Wall Street Journal 11/04/2014
Saudis Moving to Reduce Dependence on Oil Money
New York Times 04/01/2016
Wall Street Journal 12/05/2011
Oil Prices Predicted to Remain Above $100 a Barrel Next Year
New York Times 12/28/2011
Iran's Economy Can Take the Pressure-;for Now
BusinessWeek 11/30/2011
Saudi Arabia and oil prices- 2011-2018
02/04/2006
Grouped Articles
Oil Prices Continue Decline, Pressured by Saudi Action to Defend Market Share
New York Times 10/02/2014
OPEC Members’ Discord Adds to Slide in Oil Prices
Wall Street Journal 10/04/2014
Oil Markets Fly Into a Perfect Storm
Wall Street Journal 10/09/2014
Oil companies: Unsustainable energy
Economist 10/14/2014
Oil prices plunge as production rises, fueling concern in OPEC - The Washington Post
Washington Post 10/15/2014
Fall in Oil Prices Poses a Problem for Russia, Iraq and Others
New York Times 10/15/2014
Unemployment, oil prices and U.S. auto sales recovery in 2011-2014
01/02/2011
Grouped Articles
U.S. Auto Sales Surge in December
Wall Street Journal 01/06/2015
Oil Prices Tumble to Fresh Lows
Wall Street Journal 01/06/2015
U.S. Car Sales Set Record in 2015
Wall Street Journal 01/06/2016
Younger Buyers Help Keep U.S. Car Sales Humming
Wall Street Journal 01/06/2016
Unemployment Puts Brakes on Auto Recovery
Wall Street Journal 01/02/2011
GM Chief: Industry Ill-Placed for Oil Shock
Wall Street Journal 03/01/2011
The recovery of Libya's oil exports and world oil prices- 2011-2014
06/11/2011
The fall of the Gaddafi regime in Libya in August 2011 and restoration of democratic government will lead to a renewal of oil exports. Libya exported 1.5- 1.8 million barrels a day before the war against Gaddafi. The restoration of full production depends on the rebuilding of damaged refineries. This could take upto three years say experts. A psychological boost is not the same as the physical aspect of oil supplies on the ground says one analyst.
Grouped Articles
In Libya, Unrest Brings Oil Industry to Standstill
New York Times 09/12/2013
Libya's Prime Minister Presents Cabinet for Parliamentary Approval
Wall Street Journal 09/18/2014
Economist 11/06/2014
Oil Slips as Saudi, Libyan Production Worries Ease
Wall Street Journal 11/06/2014
Oil Prices on Track to Hit New Lows
Wall Street Journal 12/15/2014
Oil Companies in the Cross Hairs of Libyan Violence
Wall Street Journal 02/09/2015
The U.S.'s strategic petroleum reserve and oil prices
07/25/2011
Grouped Articles
Best Barometer for Further Oil Release? Brent Futures
Wall Street Journal 07/25/2011
Wall Street Journal 01/06/2012
Fears of a 2008 Repeat for Oil
Wall Street Journal 03/18/2012
Wall Street Journal 04/13/2012
Technically Speaking, Crude-Oil Prices in Trouble
Wall Street Journal 06/04/2012
The dollar and oil prices.
10/22/2009
Grouped Articles
As the Dollar Sinks, Oil Skyrockets
New York Times 10/22/2009
Preventing the Next Financial Crisis
Wall Street Journal 10/23/2009
Tom Keene Talks with Energy Consultant Philip Verleger
BusinessWeek 09/09/2010
OPEC Talks and Oil Prices Jump
Wall Street Journal 11/02/2010
China's Oil Demand Is Poised to Push Up Prices
Wall Street Journal 11/08/2010
For Oil's Future, Look Backwards
Wall Street Journal 11/10/2010
Crude oil refiners and rising oil prices in 2011-2012
02/25/2011
Grouped Articles
Increase in Crude Price Imperils Oil Refiners
Wall Street Journal 02/25/2011
Best Barometer for Further Oil Release? Brent Futures
Wall Street Journal 07/25/2011
Recession Fears, Not Fundamentals, Sent Crude Lower
Wall Street Journal 08/06/2011
IEA: Recession May Bring Oil Surplus
Wall Street Journal 08/10/2011
A Major Opportunity for Oil Bulls
Wall Street Journal 08/24/2011
Oil Prices Predicted to Remain Above $100 a Barrel Next Year
New York Times 12/28/2011
Impact on oil demand and prices of the new U.S. fuel efficiency standards.
05/13/2011
Oil demand could drop by as much as 2.6 million barrels a day by 2025, as a result of the new U.S. fuel efficiency standards for 49 mpg by 2025. Fuel efficiency gains in China, India and other emerging market countries and increasing stability in the middle east, and the technological advances for low environmental impact shale oil could change the entire dynamic of world oil demand and prices. This happened in an earlier period of fuel efficency gains in the 1980's resulting in low crude oil prices.
Grouped Articles
Global Oil Glut Sends Prices Plunging
Wall Street Journal 10/15/2014
IEA Cuts Outlook for Oil-Demand Growth by 22%
Wall Street Journal 10/15/2014
Fueling a Sneak Attack on Crude-Oil Prices
Wall Street Journal 11/19/2011
Oil Prices Predicted to Remain Above $100 a Barrel Next Year
New York Times 12/28/2011
Could Shale Gas Reignite the U.S. Economy?
BusinessWeek 11/03/2011
Wall Street Journal 01/06/2012
Oil price increases in 2011-2012 and economic growth in the U.S. and Europe
03/01/2011
The impact of increases in oil prices on economic growth following the democracy protests in the Middle East.
Grouped Articles
Oil's Rise Threatens Economic Growth
Wall Street Journal 03/01/2011
U.S. Better Prepared for Surging Gas Prices
New York Times 03/08/2011
Oil and the economy: The 2011 oil shock
Economist 03/05/2011
Oil markets and Arab unrest: The price of fear
Economist 03/05/2011
Oil Traders See Lasting Mideast Instability
BusinessWeek 04/07/2011
OPEC Nations Face a Balancing Act
Wall Street Journal 04/19/2011
OPEC social spending and oil price- 2011-2012
02/04/2006
Grouped Articles
OPEC Chief Shrugs Off Oil Politics
New York Times 02/04/2006
Oil Minister Asserts Iran Won't Cut Exports Despite Nuclear Standoff
Wall Street Journal 04/26/2006
Wall Street Journal 06/09/2011
Political Tensions in the Middle East Appear to Undercut Saudis' Role
Wall Street Journal 06/09/2011
Wall Street Journal 08/18/2011
The High Cost of Keeping Arab Peace
BusinessWeek 09/29/2011
OPEC supply, oil demand and oil prices 2011-2013
04/26/2006
Grouped Articles
OPEC Rift Emerging Over Iraq Output, Possible Return of Iran
Wall Street Journal 11/30/2013
OPEC Keeps Lid on Oil Production Targets
New York Times 06/08/2011
OPECâs Power Over Oil Prices Has Its Limits
New York Times 06/06/2011
Oil Minister Asserts Iran Won't Cut Exports Despite Nuclear Standoff
Wall Street Journal 04/26/2006
Wall Street Journal 06/09/2011
Political Tensions in the Middle East Appear to Undercut Saudis' Role
Wall Street Journal 06/09/2011
U.S. Fed policy and oil prices- 2011-2012
03/05/2011
Grouped Articles
The Federal Reserve Faces an Oil Dilemma
Wall Street Journal 03/14/2011
Oil and the economy: The 2011 oil shock
Economist 03/05/2011
IEA: Recession May Bring Oil Surplus
Wall Street Journal 08/10/2011
Throwing Another Barrel of Fuel on the Euro Zone's Fire
Wall Street Journal 11/29/2011
Oil Prices Predicted to Remain Above $100 a Barrel Next Year
New York Times 12/28/2011
Wall Street Journal 01/06/2012
The proposed U.S.-Canada partnership for the Keystone XL Pipeline project
01/07/2009
This would bring an additional 1.1 million barrels of Canadian oil to the U.S. from Alberta oil sands. The project is being held up by the Obama administration. The Energy Department gave its approval in February 2011, but it is being held up for further environmental studies. Advances in environmental protection for oil sands development have reduced the footprint of the processes used in production of oil. This would reduce imports from the Middle East and have a favorable impact on oil prices.
Grouped Articles
Trade and Oil on Agenda as Obama Visits Canada
New York Times 02/20/2009
Wall Street Journal 07/28/2013
Canada Looks to Sell Its Oil Beyond U.S.
Wall Street Journal 08/23/2013
Keystone XL Review Sees Little Impact on Climate
Wall Street Journal 02/02/2014
Even Without Keystone Pipeline, Oil Has Flowed
Wall Street Journal 02/02/2014
House Passes Bill to Approve Keystone XL Pipeline
Wall Street Journal 11/14/2014
The impact of a potential embargo on Iranian oil on supplies and oil prices
12/05/2011
Grouped Articles
Iran, unable to sell oil, stores it on tankers - The Washington Post
Washington Post 05/14/2012
Iran’s Discount Deal for Global Oil
Wall Street Journal 07/14/2015
Wall Street Journal 12/05/2011
Iran Threatens to Block Oil in Reply to Sanctions
New York Times 12/27/2011
Europeans Plan Oil Embargo on Iran
Wall Street Journal 01/05/2012
Wall Street Journal 01/06/2012
The euro and oil prices 2010-2014
01/06/2012
Grouped Articles
Oil Prices Tumble to Fresh Lows
Wall Street Journal 01/06/2015
Wall Street Journal 01/06/2012
Fears of a 2008 Repeat for Oil
Wall Street Journal 03/18/2012
China Seen Bolstering Oil Reserves
Wall Street Journal 04/11/2012
Larger impact on Eurozone countries of oil price increases in 2012
01/06/2012
The decline in the value of the euro increases the impact of higher oil prices in 2012. It also comes at a bad time.
Linked Articles
Fears of a 2008 Repeat for Oil
Wall Street Journal 03/18/2012
Wall Street Journal 01/06/2012
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us
