Oil is priced in U.S. Dollar (USD or US$); therefore, the oil price becomes strongly linked to fluctuations to the strengths and weaknesses of the USD. The USD is the world’s dominant reserves currency, and changes to its exchange rate are closely linked to the monetary policies of the U.S. Federal Reserve (the Fed inContinue reading “The Prices of USD, Oil, and U.S. Fiscal and Monetary Policies”
Category Archives: Brazil
The Price of Oil
Crude oil is the world’s biggest and most important traded commodity. In some earlier articles, like this and this, I explored for relations between the oil price, the world’s credit creation and interest rates. This is a continuation of my exploration of how the world’s credit creation affects the structural level of the oil price.Continue reading “The Price of Oil”
World Crude Oil Supplies per July 2017
In this post I present developments in world crude oil (including condensates) supplies since January 2007 and per July 2017. In this post the world crude oil (inclusive condensates) supplies is split into three entities, North America [Canada, Mexico and the US], OPEC(13) and other Non OPEC [World – {North America + OPEC(13)}] with aContinue reading “World Crude Oil Supplies per July 2017”
Fractional Flow 