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About this blog

I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.

I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.

Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.

Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.

My website where I analyse data that really matters

Entries in this blog

 

UAE projects a gradual oil demand recovery in 2021

Rollout of coronavirus vaccines and improvement in ties between the United States and China are likely to improve demand for oil, Energy Minister Suhail Al-Mazrouei told Sky News Arabia. “Recovery will be gradual, and won’t happen in a quarter or two,” he said. View the full article

hemanthaa@mail.com

hemanthaa@mail.com

 

UAE debates OPEC-leading net zero 2050 goals

The United Arab Emirates could become the first nation among the Organization of the Petroleum Exporting Countries to set a net-zero goal, a move that would please Western countries pushing for stronger climate commitments but won't require it to sell less oil. View the full article

hemanthaa@mail.com

hemanthaa@mail.com

 

U.S. will import 62% more crude by 2022 due to domestic production declines, says EIA

EIA expects that the United States will import more crude oil to fill the widening gap between refinery inputs of crude oil and domestic crude oil production in 2021 and 2022. U.S. crude oil production declined by an estimated 0.9 million bpd (8%) to 11.3 million bpd in 2020 because of well curtailment and a drop in drilling activity related to low crude oil prices. View the full article

hemanthaa@mail.com

hemanthaa@mail.com