In this post I present a more detailed look at developments in central banks’ balance sheets, interest rates and the oil price since mid 2006 and as of recently. Paper and digital money are human inventions. Most people truly believe it is money that powers the society and their lives because they have never hadContinue reading “CENTRAL BANKS’ BALANCE SHEETS, INTEREST RATES AND THE OIL PRICE”
Category Archives: oil price
GLOBAL CREDIT GROWTH, INTEREST RATE AND OIL PRICE – ARE THESE RELATED?
For some years my general understanding has been that the price formation for most commercial traded materials/products/items (including oil, which is paramount for all economic activities) is very much related to credit/debt growth, total debt levels and the interest rate (the price of money which also is a measure of credit risk). In an effortContinue reading “GLOBAL CREDIT GROWTH, INTEREST RATE AND OIL PRICE – ARE THESE RELATED?”
NORWEGIAN CRUDE OIL RESERVES AND PRODUCTION PER 2013
In this post I present actual Norwegian crude oil production and status on the development in discoveries and reserves and what this has now resulted in for expectations for future Norwegian crude oil production. This post is also an update of an earlier post about Norwegian crude oil reserves and production per 2012 (in Norwegian).Continue reading “NORWEGIAN CRUDE OIL RESERVES AND PRODUCTION PER 2013”