How does the war in Ukraine affect oil prices?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Maciej Kolaczkowski, Manager Oil and Gas Industry – Energy, Materials, Infrastructure Platform, World Economic Forum Geneva On 24 February 2022 Russia launched a military invasion on Ukraine. Already inflated oil prices have since skyrocketed to over $110 per […]

Oil prices could remain depressed for at least a year. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Roland O. Rechtsteiner, Partner, Global Energy Practice, Oliver Wyman Both the coronavirus pandemic and a Russia/Saudi Arabia price war have sent oil prices plummeting. Oil supply and demand might not become rebalanced until well after the virus is […]

WEF Davos 2016 LIVE: “You just don’t know if the oil price will be 20$ or 100$ in the next 2-3 years!” top Harvard economist Kenneth Rogoff underscores from Davos

It is the first day of the most important economic forum in the world and economy and financial markets are as every year in the foreground. The session called “Preventing Future Shocks” finished a couple of hours ago in the Sanada room in Davos with Maria Bartiromo, anchor and Global Markets Editor of Fox Business Network, […]

Who is to lose from the 6-month extension of the EU economic sanctions against Russia?

The European Foreign Ministers gathered in Luxembourg two days ago and decided to continue imposing economic sanctions to Russia for another six months. This shows the strong intention of Europe to weaken Russia’s power in Ukraine and thus put a stop on Russia’s imperialistic plans. However, Russia claims these sanctions as “illegal and unfounded” and will fight […]