Publications: The Petroleum Economics Monthly
The Failure of Traditional Oil Market Fundamentals (October/November 2018)
To be blunt, the supply/demand balance approach to assessing oil markets—and many other physical commodities—is irrelevant today. Twenty years into the twenty-first century, the traditional way of modeling commodity markets is obsolete. Those using it can be likened to professional race drivers stocking the pits for their Formula 500 cars with buggy whips instead of spare tires. Put simply, the supply/demand balance methodology is dead. It was killed by the surge in US oil production.
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- The Petroleum Economics Monthly
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- Brent Is Dated (November/December 2017)
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- A Tale of Two Markets (September 2017)
- The Triumph of Markets (August 2017)
- Twilight of Big Energy (July 2017)
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- Putting a Finger in the Oil Market Dike ...
- Oil's Johnny One-Note (March 2017)
- The Don Quixotes of Oil (February 2017)
- Markets Take Over (January 2017)