Daily Archives: April 7, 2021

  • Oil prices to the rescue?

    It was in April last year when oil prices hit multi-year lows, the price of Brent crude dipping down to US$19.33/bbl late in the month and West Texas Light hitting negative US$37.63/bbl for a day as stocks rose and storage capacity became scarce. Then the United States convened a meeting of oil producers, the Organization …

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Year Ahead-Re-risking the financial system

Year Ahead 2020: Re-risking the financial system

Oil prices: In a global oil market threatened with over-supply, it appears that OPEC, and its ally Russia, are doing a good job of limiting production.