And how his downfall is mirrored in Brazil’s current troubles.
With these natural gas deals, Russia turns away from Europe, its largest energy export market. But the move has implications for the US.
Putin sees a “catastrophic decline in oil prices” but thinks Russia will be OK.
The bloodletting will go on until the money dries up.
And triggered a rout among oil producing nations.
Saudi Arabia is rattling the oil sector with a price war that many think is aimed at U.S. oil producers. But there’s an easier price war to win: with Canadian tar-sands operators.
The balance of power is shifting, if only briefly.
A new report kicks the glorious fracking production numbers into disarray.
It’s not just the low price of oil that’s causing trouble. Coal companies too are being ravaged by low prices.
By YaleGlobal: As Wall Street pushes big energy companies into financial engineering, energy dominance shifts to emerging markets.