Brent Oil Erases Iraq Rally With Price Below When Mosul Seized
“The Iraq premium in the oil market has effectively gone,” Eugen Weinberg, head of commodities research at Commerzbank AG in Frankfurt, said by phone. “Exports are rising, the militants didn't move further south, and the Kurds are going to increase …
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Peak Oil 4: The Urban Legend Of Inadequate Discoveries
In my first piece on peak oil, I included a graph showing discoveries and production, and some commented that this seemed to invalidate my arguments since discoveries have not been replacing production for decades. This is another example of the …
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