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OPEC

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US - Saudi Arabia Oil Prices Collusion: Calculations and Errors

This is the time the markets should expect oil prices to go up but they go down. It proves that a tacit collusion is taking place between the leading oil exporters and the countries involved, for instance, the United States... The history of tacit agreement between the United States and Saudi Arabia allegedly goes back to the President Obama’s visit to Saudi Arabia in April 2014 when the US Middle East policy ended up in total failure and there was an urgent need for a way out. Some reporters hurried up to say that it was the most important foreign tour during the whole tenure of President Obama. The agenda included the US initiative to bring the oil prices down to “punish Iran and Russia»...

Dmitry MININ | 27.10.2014


 

Gas Exporting Countries to Gather in Moscow for Influential Forum

Members of the influential Gas Exporting Countries Forum (GECF) will gather in Moscow 1-2 July 2013. Long-term contracts and infrastructure projects are reported to be high on the agenda. The GECF is an international club of major natural gas exporters including Russia, Iran, Qatar, Libya and Venezuela. Exporters strive to guarantee the stability of gas supplies, open new markets for this clean energy source and provide a balanced risk sharing mechanism between producers and consumers...

Igor ALEXEEV | 27.06.2013


 

OPEC's Home Stability Costs

At first glance, OPEC, the oil-exporting countries' alliance established in 1960 by Iran, Iraq, Saudi Arabia, and Venezuela, must be reliving the good old days with spectacular oil prices reinstated and its end-of-the-year gain as projected by the IEA inching towards a trillion dollar mark. The figure, however, reflects only the brighter part of OPEC's present-day picture, the downside being that its formerly robust internal consensus is being washed away by a tide of financial egotisms and national rivalries...

Vadim VIKHROV | 07.08.2011




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OUR COLUMNIST
    Dmitry MININ

The Islamic State – America’s Double-Edged Sword

Serious experts are now in little doubt that the US administration was the ‘midwife’ of the Islamic State (IS). Renowned Israeli analyst and former head of the ultra-secretive intelligence agency Nativ, Jacob Kedmi, says that the US is now trying to use the tactic of setting moderate Islam against radical Islam, which was «successfully employed in Russia». It is not turning out well for the US, however, considering that for the last three years the Americans have acted as allies of the IS in Syria, and before that were allies of al-Qaeda and the Taliban in Afghanistan... The war currently being carried out against the IS by the US Air Force is recognised to be for show and is more reminiscent of an arrangement of red flags, beyond which it is inadvisable to go...

27.11.2014
 
 
 
 
 
 
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