Daily LNG price update (the bust trigger)

Wednesday, 25 February 2015

The Brent oil price fell one half percent last night on not much news to $58.66 as I write.

Today we have some new analysis from Colin P. Fenton called The Collapse of Oil Prices – Implications and Risks, recently presented at the Oslo Energy Forum.

It tells a fascinating story of the oil bust, largely driven by one under-examined change:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.