Geopolitics increasing uncertainty of oil price forecasts

Analysts are again ratcheting up their oil price forecasts. The emerging confluence of economic, market, and geopolitical factors is making a prediction of higher prices a safer bet with each passing day.A glance at oil geopolitics early in May might, however, lead the casual observer to deem the preceding statement counterintuitive. He might well ask himself, after the fashion of the 1960s peacenik's musing: What if they declared an embargo, and nobody came? Or: What if they staged a coup, and nobody stayed?Baghdad almost seemed sheepish in declaring an end to its unilateral embargo in support of the Palestinian intifada. At the same time, a reinstated Venezuelan President Hugo Ch&aa...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected