Adam Czyzewski

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Demise of oil nowhere in sight

In my previous two blog entries, I tried to explain why oil companies have developed the ability to view oil prices through the lens of supply and demand changes in the long-time horizon of up to several decades, and why they interpret current market developments from that perspective. As Bob Dudley, the CEO of BP,… » read more

Posted by adamczyzewski

Can oil prices be predicted?

It is a truth universally acknowledged that the future cannot be accurately predicted, and the same applies to oil prices. In the latter case, however, it is possible to consider alternative scenarios pertaining to certain fundamental factors which, while rather inert in a short-time horizon, can be shaped in the long term. These scenarios may… » read more

Posted by adamczyzewski