Hot Commodities
Hot Commodities: You Win Some, You Lose Some
Not a Drop to Share
Ellen Scholl is a Robert Bosch Fellow currently working in Berlin, where she focuses on energy policy and security. She previously worked on energy issues for the Texas Legislature and the U.S. Congress and completed the U.S. Foreign Service Internship Program during graduate school. Ellen has an M.A. in Global Policy Studies from the LBJ School of Public Affairs and graduated with highest honors from the University of Texas at Austin with a B.A. in Government and Humanities.
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Not a Drop to Share
Business as Usual?
State of Emergency
Doha Fails to Deliver
Following protests spearheaded by powerful Shiite cleric Moqtada al Sadr, Iraqi Oil Minister Abd al-Mahdi announced his resignation at the end of last month, suspending his activities as Minister and delegating responsibility to his deputy.
The Saudi decision to flood the oil market—otherwise known as the oil price rollercoaster we are currently riding—is what Andrew Scott Cooper calls the “oil trade’s equivalent of dropping a bomb on a rival.” However, while the prevailing wisdom holds that the rival is (now suffering) U.S. shale producers, Cooper argues otherwise.
The rollercoaster ride continues as oil prices reached their highest point in 2016 at $40 per barrel this week — before slipping right back down again.