As China surpasses the US as the world’s biggest net importer of oil, investors are straining to get a clearer picture about what’s happening inside China’s oil trade. Watch this video to learn about two key tools inside Thomson Reuters Eikon to help you get more detailed information about China’s energy sector.
Even as the US Senate considers new oil sanctions against Iran, Iranian leaders are aiming to make a robust return to the oil markets. Tehran is hoping enough progress is made in U.N. sponsored talks about its nuclear program to warrant an easing of oil sanctions. This video will show you how to use Thomson Reuters Eikon to track global oil prices and the possible impact of increased Iranian oil supplies amid the current supply glut.
Are you looking to uncover unique insight into the energy markets and examine key trends and issues with your peers? Then don’t miss out on our Annual Energy Meeting, taking place on November 14th, 2013 in Houston.
We are delighted to confirm a number of key industry professionals as our keynote speakers, including Andrew Weissman, Haynes and Boone; Gordon Goodman, The Alliance Risk Group, LLC; Vincent Kaminski, RICE Jones Graduate School of Business; George A. Lippman, LCI Energy Insight; and Dave Elpers, IIR Energy.
Supported by IIR Energy experts, we will also host deep dive sessions that focuses on oil, power, carbon and gas trading and share knowledge and views on the future of energy markets. Among the topics to be discussed are: (more…)
Shell announced on Wednesday that it will develop the Stones deepwater oil field in Gulf of Mexico. The field will be the world’s deepest offshore oil and gas production project. Today’s graphic looks at offshore oil production in the Gulf of Mexico.
Hundreds of tanker trucks and railroad cars snake for miles through the vast landscape of North Dakota now. For his video diary, Reuters correspondent Ernest Scheyder drove into the Bakken Oil Express, a sprawling project at the heart of the state’s booming oil economy.
The United States and the European Union this year took a step they had long resisted, imposing trade sanctions to choke off Iran’s lifeblood: oil revenue. Iran’s output has fallen since the latest sanctions took effect, but OPEC has made up for it as Iraq and Libya came back online. Today’s graph shows oil output and the percent change vs. OPEC.
Brent crude oil fell below $110 a barrel today, dragged down by a firm dollar and worries over weak global economic growth. This is after Brent dropped 4.5% last week on demand worries and a pledge by Saudi Arabia to supply enough oil to the market to keep prices down. Today’s graphic shows the major U.S. buyers of Saudi crude and how the demand has changed since 2011.
What are the risks and the opportunities of investing in Russia today?
Russia, as always, poses a riddle to investors: Even as high prices for oil – its main export – are keeping the $1.9 trillion economy afloat and the budget in surplus, stocks languish at a 50% discount to other emerging markets and capital continues to flee the country, reflecting deep concern about the future of the world’s largest country and oil producer. Although Vladimir Putin exudes strength as a leader, the lack of political choice suggests that Russia’s veneer of stability is fragile.
How the Russian economy and business will fare as the West grapples with its debt crisis will be among the topics discussed at the Reuters Russia Investment Summit, where our journalists will interview some of the country’s most influential entrepreneurs, executives and policy makers. (more…)
Nigeria’s stock index hit a 59 week high today on confidence from the recovery of the banking sector and heavy buying of Union Bank shares. The banking sector is up 36.2% this year on a recovery in earnings, compared with gains in the overall Nigerian index of 15.83%. Today’s graphic is an economic overview of Nigeria, using 4 key charts.