Natural Resources

The Oil Crisis of Iran by Bhawesh Vasnani

From November 4th onwards, Donald Trump expects all nations to cut their oil imports from Iran. The announcement has generated uncertainty in the markets, which is reflected through the recent slump in the WTI-Crude index. Oil exports are crucial to Iran; they are the largest supplier of oil to many developing nations such as India and China, and crude oil and natural…

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An EV mainstream – what are the key inhibitors? By Azman Rahman

The recent tone of oil market has largely been defined by the United States’ headstrong 2018 rendition of foreign policy. With the eclipse of the looming November 4th deadline marking the end of the 180 day revival period of pre-JCPOA sanctions on Iran, the release of importation waivers to 8 oil importing countries and the seeming end to…

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Glencore: An outlook for the world’s largest commodity producer

Rajinder Dhesi This week the commodities giant Glencore announced pre-tax earnings of $14.7 billion for 2017, a 44% rise compared to the previous twelve-month period. Its share price has subsequently risen by up 22% to 399.3 pence (21st February 2018). There are several reasons for this strong performance. First, and perhaps most significantly, the renewable…

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The digital Gold Standard?

Richard Holland Amongst the backdrop of Bitcoin and cryptocurrencies, a London-based FinTech company has teamed up with Lloyds Banking Group and MasterCard to bring the world’s oldest currency back into the digital age: gold. In November 2017, Glint launched its multi-currency account, app and card that allows customers to use gold to buy goods and…

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China’s green energy revolution?

Rajinder Dhesi China, the world’s largest energy consumer, has recently announced a new strategy to wean itself off its dependence on fossil fuels, which for the last two decades have powered the state’s unparalleled economic growth. Like other infrastructure projects, the scale of China’s foray into renewables is enormous; $136 billion was spent on renewable…

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Gold outlook for 2018

Veronika Tomilina The price of gold has fallen in recent weeks from highs of around $1360 towards the end of January. In this article I will discuss whether this downward trend will continue, and also consider the main factors that will influence gold price in 2018. 2018 is promising to have multiple rate hikes by…

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What has become of North Sea oil?

Alexander Le Grys In the past two months, there has been a certain buoyancy in the oil market. Brent crude oil prices reached below the $70 mark for much of January. As a result, 2018 looked to be a promising year for many oil-producing countries, particularly those that are not members of the Organisation of…

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If the cryptocurrency bubble bursts, could gold once again be king?

Rajinder Dhesi Bitcoin is undergoing a steep decline in value; last week, the leading cryptocurrency lost 50% of its value compared to its 2017 peak ($19,783 on December 17th). The wider cryptocurrency market has been bearish, with Ethereum, Ripple and Litecoin all experiencing double-digit losses compared to their peak values last year. Meanwhile, gold is…

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Copper: time to be taken seriously

Alexander Le Grys After a brilliant year for copper, 2018 so far has not matched the upward trend experienced in 2017. On 28th December copper reached its highest price in almost 4 years, and a 30% increment on the previous year. Copper has had a poorer performance in January though, sinking below $7,000 a tonne…

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Can solar energy power the world?

Veronika Tomilina There is a big shift currently towards renewable energy and away from fossil fuels. Governments are introducing new legislation to reduce carbon emissions and providing significant subsidies for renewable energy production. In this article, I want to discuss the development and usage of solar panels. Just 254 km of solar panels in the…

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