The Fuse


What the Heck is Going on in Libya?

This summer everything changed again in Libya. Oil has been taken hostage not by bandits or crooks but by a presidential hopeful who had liberated the ports two years ago.

topics: Libya, NOCs, OPEC

Chart of the Week: OPEC Cuts Support Brent, Shale Depresses WTI

Stay on top of the latest developments in oil markets, geopolitical risk, and alternative fuel vehicles with the SAFE policy team's Chart of the Week.

topics: Capital expenditures, Gasoline, Household Spending, Iran, oil, Oil Price Volatility, Oil Prices, Oil Production, Saudi Arabia, Upstream Investment

OPEC Is Dead, Long Live OPEC+

There once was a time when OPEC did not need to rely on outside producers to achieve its policy goals. That time has passed. The old OPEC is dead, and OPEC+ now stands in its place. What will its reign bring?

topics: Libya, Mohammed bin Salman, OPEC, Russia, Saudi Arabia, The Vienna Group, Venezuela

Brent-WTI Spread Narrows, For Now at Least, as North American Supply Tightens

The latest on oil prices: The forces that helped drive WTI and Brent apart have suddenly reversed course.

topics: Backwardation, Brent futures, NYMEX WTI, OPEC, Shale

Trump, OPEC, and the Oil Market's Razor Thin Spare Capacity

The oil market could be sorely tested in the second half of the year and into 2019, unless demand slows, OPEC outages are less than expected, or non-OPEC producers such as the United States, Canada, and Brazil produce higher than forecast.

topics: Donald Trump, Iran, OPEC, Saudi Arabia, Spare Capacity, The Vienna Group