Tag: OPEC

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2019 Could Make or Break OPEC
Editor's Сhoice
2019 Could Make or Break OPEC
January 5, 2019

While six months may be enough to reduce the combined output of OPEC and its partners by the agreed 1.2 million bpd, if U.S. production continues to grow at the current rate, it would likely offset this cut completely.

Multipolar World Order in the Making: Qatar Dumps OPEC
December 12, 2018

Qatar’s decision is unconnected to the feud triggered by Saudi Arabia against the small emirate. However, it is evident that a host of factors has led to this historic decision.

Multipolar World Order in the Making: Qatar Dumps OPEC
Business
How the Iran Sanctions Drama Intersects with OPEC-plus
Editor's Сhoice
How the Iran Sanctions Drama Intersects with OPEC-plus
June 30, 2018

Iran – and Russia – may sit on an astonishing $45 trillion worth in oil and gas reserves. US fracking is largely a myth. Saudi Arabia may have at best 20 years of oil supply left. It’s all about energy – all the time.

Oil and Gas Geopolitics: No Shelter from the Storm
June 1, 2018

The US seems to be extending the proverbial “offer you can’t refuse” to the EU; an elusive, assured delivery of LNG in the (unlikely) event of a cutoff of Russian natural gas to the European Union.

Oil and Gas Geopolitics: No Shelter from the Storm
Editor's Сhoice
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China Taking the Long Road to Solve the Petro-Yuan Puzzle
Editor's Сhoice
China Taking the Long Road to Solve the Petro-Yuan Puzzle
March 29, 2018

The game-changing aspect, for now, mostly has to do with the exquisite timing. Beijing has crafted an ultra-long-term plan and yet chose to launch the petro-yuan smack in the middle of a period of sharp deterioration in trade relations with Washington.

The House of Saud Bows to the House of Putin
October 13, 2017

Now, losing all its battles from Syria to Yemen, losing regional influence to both Iran and Turkey, indebted, vulnerable and paranoid, the House of Saud has also to confront the ghost of a possible coup in Riyadh against Crown Prince Mohammad bin Salman, a.k.a. MBS, as Asia Times reported. Under so much pressure, who’re you gonna call?

The House of Saud Bows to the House of Putin
Editor's Сhoice
King of Saudi Arabia to Visit Russia: Bringing Relationship to New Phase
World
King of Saudi Arabia to Visit Russia: Bringing Relationship to New Phase
July 9, 2017

The blossoming relationship between Russia and Saudi Arabia signals yet another sea change in the ever-evolving global order. King Salman is to become the first Saudi monarch to visit Russia. The trip is expected this month with talks on the way to specify the date. The visit acquires special importance as the King has taken a decision not to attend the July 7-8 summit of the G20 summit in Hamburg, Germany.

What’s Really Going on with Oil?
January 28, 2016

If there is any single price of any commodity that determines the growth or slowdown of our economy, it is the price of crude oil. Too many things don’t calculate today in regard to the dramatic fall in the world oil price. In June 2014 major oil traded at $103 a barrel. With some experience following the geopolitics of oil and oil markets, I smell a big skunk. Let me share some things that for me don’t add up.

What’s Really Going on with Oil?
Editor's Сhoice
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