Oil

Articles, comment and analysis about the oil market

Economic, Commodities and Gold Outlook for Q4 2012

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October 3, 2012
Calendar

It’s hard to look beyond anything but a bearish outlook for the short and medium term in any of the markets this blog covers in Q4-2012. The European space continues to lack firm direction and has few options left to play, Crude Oil supply looks strong but Syrian and Iranian tensions remain and weakening Chinese growth is of concern.

Gold remains largely unchanged in the medium to long term on the back of ECB support for the EUR and the much anticipated third round of quantitative easing by the Fed.


Chancellor unveils tax break for older North Sea oil and gas fields

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September 7, 2012

The allowance for “brown field” areas will shield some income from the supplementary charge on their profits. The chancellor said the measure would give companies the incentive to “get the most out of” older fields. Industry body Oil and Gas UK told BBC Scotland that the tax breaks could generate a further £2bn of investment.


Downloading Prices from the Web in Python and saving to a text file

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July 26, 2011

A run through on using Python to extract Oil market data from the BBC, FT and Bloomberg along with source code and video explanation