So, another COP over with, and are we any closer to finding the ultimate solution, I somehow doubt it. Okay there were 200 representatives from just as many countries around the globe who managed to agree to reduce the worldwide use of fossil fuels. But don’t forget we are dealing with a UN grouping, and […] The post It’s all gone pants in Asia appeared first on Cazbaa Energy ..read more

As I start this week’s blog, the pre-sessions for COP28 in Dubai are about to begin, with the main conference itself starting on the following Thursday. The press is beginning to up the journalistic ante a little, but there’s a sense of “non-expectation”, after previous COPs that said a lot but are a long way […] The post COP28, OPEC+ and now iso! appeared first on Cazbaa Energy ..read more

Can you remember those “so-called” Chinese spy balloons that apparently blew off-course, and ended-up in America’s backyard, before being unceremoniously shot-down? Well, that was probably the start of the U.S./ China logjam, a few off the cuff remarks about Taiwan by the U.S. President followed, talk and concern about a rise in military tensions over […] The post Light at the end of the tunnel? appeared first on Cazbaa Energy ..read more

It’s maybe a relief to talk about the economy again and not about war. Of course, the focus is once more on China, and the contrast of a world grappling with inflation, while for China their most recent CPI and PPI dropped 2% and 2.5% respectively, which in plain words is deflation! In the meantime, […] The post Auction time! appeared first on Cazbaa Energy ..read more

I really thought if I was going to be talking about waterways this week, it was more than likely going to be the Straits of Hormuz, due to a probable escalation, involving Iran, of the Israel/ Palestine crisis, or maybe even ISIS activity in the Sanai Peninsula of Egypt, affecting Suez Canal transits, but I […] The post The plug’s been truly pulled on the Panama Canal! appeared first on Cazbaa Energy ..read more

As the flurry of negotiations appear to have stalled, for now anyway, the reality of what comes next in the Israeli/ Hamas crisis appears to be upon us, as Israeli special forces start to cross borders, remaining on the other side, and on the offensive. How this will roll out in the “strip”, in the […] The post Come on, is it the start of winter yet? appeared first on Cazbaa Energy ..read more

It feels as if it’s been a really long week, waiting and wondering. The oil markets have been doing the same, as they try to apply a risk premium to how this crisis between Israel and Hamas might end up, especially if it intensifies into a more regional calamity. You can see from the visits […] The post Propane v Butane! appeared first on Cazbaa Energy ..read more

I had written last week’s Simon Says before the scale of the attack by Hamas militants became known. The human cost has already been far too great, far too horrific, and I fear what this weekend may have in store. I did briefly revisit the history books and what happened during, and after, the first […] The post It’s tough at the top! appeared first on Cazbaa Energy ..read more

You guessed it, the global economy is back at the forefront of the financial news bulletins, and with it has gone any thoughts of a $100/ Bbl crude oil price, for now anyway. This time it’s the jump in U.S. government bond yields that’s making global borrowing costs trend upwards, while for central bankers hoping […] The post Readjustment, bounce or simply a Golden Week lull? appeared first on Cazbaa Energy ..read more

If there have to be goals in society, then there will also be achievement milestones. We all know there’s a huge problem with carbon emissions and the impact it has on climate change, and we need to fix it. I’m in no doubt of that. But where I have always had problems is with “transition”. […] The post Bucking the trend! appeared first on Cazbaa Energy ..read more