Oil and the Global Economy

The Group of Thirty today released the paper, Oil and the Global Economy. In it, Dr. Verleger argues that the major oil firms are economically ossified and discusses three forces he believes "threaten to permanently transform the oil industry." (Read the G30 press release here.)

PKVerleger LLC calculates the value of sweet crude based on New York Harbor product prices.
Implications of the New Market; The Importance of Forward Prices (October 24, 2016) -- At the recent Oil and Money Conference, ExxonMobil CEO Rex Tillerson, in effect, told the Saudis and other attendees "lots of luck, suckers."

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