War Scenario for the Oil Price

War Scenario for the Oil Price A war between U.S./Saudi Arabia and Iran could lead to soaring oil prices and a global recession. Picture source: Danske bank, Macrobond

Top Three Crude Oil Producers

Top Three Crude Oil Producers Chart showing that the U.S. is the world’s biggest oil producer and has surpassed Russia and Saudi Arabia. Picture source: Deutsche Bank Global Research

Major Oil Supply Disruptions

Major Oil Supply Disruptions As a reminder, disruptions in the oil market have always led to higher oil prices. Picture source: BofA Merrill Lynch Global Research

S&P 500 Sales Growth vs. Oil Price

S&P 500 Sales Growth vs. Oil Price This chart shows the good correlation between S&P 500 sales growth and the price of oil. Picture source: J.P. Morgan

Oil Prices and OPEC Market Share

Oil Prices and OPEC Market Share OPEC’s market share is falling. Interesting chart showing oil prices and OPEC market share. Picture source: Morgan Stanley Research

The Gold to Oil Ratio since 1985

The Gold to Oil Ratio since 1985 When the gold to oil ratio approaches 30x, oil is undervalued. When it approaches 10x, gold is undervalued. Picture source: Goehring & Rozencwajg