How will the latest international oil agreement affect the market?
Radio Spot Broadcast via Texas State Networks on April 13, 2020

Dr. Perryman breaks down the actions OPEC, Russia, the United States, and other countries have agreed to take in order to help stabilize the oil market. 

What could OPEC do to help stabilize the market?
Radio Spot Broadcast via Texas State Networks on April 08, 2020

OPEC meets to plan for what to do about the reduction in global oil demand. Dr. Perryman explains this effect and a scenario that would be beneficial.

Oil's Well!
Column Published in syndication July 14, 2021

The energy sector remains a key driver of the Texas economy. It dominates state exports; drilling, production, transportation, and processing activity involve substantial investments; and the massive supply chain has been entrenched and expanding for over a century. Although the Texas economy is diverse and multifaceted, oil and gas and related activity from exploration through shipping comprise about 13-14% of overall business activity.

Necessary, not Sufficient
Column Published in syndication April 15, 2020

Since the beginning of 2020, oil prices have fallen from the upper $50s per barrel to $20 or less. Needless to say, the fallout has dramatically hit major production areas, including those in Texas. A recent agreement between OPEC, Russia, the United States, and other nations is a clear step in the right direction, though it won't solve the problem immediately.

OPEC Blinked ‑ A Strategy Shift
Column Published in syndication December 07, 2016

Members of the Organization of Petroleum Exporting Countries (OPEC) have agreed to cut crude oil production by 1.2 million barrels per day beginning in January. Russia announced it would cooperate and lower production by 300,000 barrels per day, and there is some chance other nations representing about 20% of global production will also join in following an upcoming meeting.

Blinking!!
Column Published in syndication October 26, 2016

On October 19, Saudi Arabia held its first international bond sale - EVER! The sale, which received orders of $67 billion for the $17.5 billion in bonds offered, is the largest to date from an emerging market economy. Investors eagerly welcomed the offering as a way to achieve further exposure in the Middle East given recent expectations that the price of oil will rebound next year. The kingdom offered dollar-denominated bonds with yields slightly higher than US Treasuries with similar maturities. In total, Saudi Arabia raised $5.5 billion of both 5- and 10-year bonds and another $6.5 billion in 30-year bonds.