Low inflation rate expected in 2019, lower than core inflation
The price of oil is, on December 19, 20% below its 2018 average. The contribution of energy to the inflation rate will quickly be negative. Inflation will fall below 1%…
Philippe Waechter's blog
Really scaring
WASHINGTON—The U.S. expects all countries to cut oil imports from Iran to “zero” by Nov. 4 or risk sanctions, a senior U.S. State Department official said on Tuesday, expressing a…
OPEC agreement: advantage Saudi Arabia
The OPEC agreement on higher oil production will mainly benefit to Saudi Arabia which will gain market share on the oil market. The increase in oil production is global and…
Oil Ministers Back Raising Output Despite Iran's Walk Out – Bloomberg
OPEC and its allies reached a preliminary agreement in the face of strong opposition from Iran to boost production by a theoretical 1 million barrels a day — the actual…
Italy, Oil – My Monday column
Judging by the Italian president Sergio Mattarella’s (justified) refusal to approve a government that would have been dominated by the League with its aversion to Europe and its institutions, the…