E
IA recently reported that this year (2017) will see a highly volatile oil price. From 30th November to hitherto oil prices have seen a considerable upward trend. The prices have fluctuated at times due to the build-up in inventory and increase in the rig count, and at times when the wave of uncertainty swept across the markets---as it did in case of Libya and Iraq. Kuwait, Saudi Arabia and others have reported to be cutting their production as per the agreement.

Published in Market Insights

Y
et another mass shooting in the U.S., this time at Ft. Lauderdale airport, Florida's second largest. A certain Esteban Santiago flew from Alaska changing planes en route at Minneapolis. Arriving, he headed to the baggage collection area, claimed his suitcase, opened it in the privacy of a toilet, removed a gun, methodically loaded it, and began shooting in the baggage area. When the police reached him, he was sitting on the floor with the gun in front of him. He offered no resistance.

Published in Americas

P
resident Obama's final foreign policy speech at MacDill air force base in Tampa, betrayed its purpose through the venue. The Tampa, Florida, base is home to Special Operations Command and Central Command -- Special Operations playing an ever increasing role in counter terrorism.

Published in Terrorism

T
he stage is set. The world waits. There are murmurs and whispers. There are speculations and surmises. On 30th November OPEC and Non OPEC countries engage in a rendezvous in an effort to secure a deal. The whole world looks up to it. But a thwart seems to hang over.

Published in Energy

A
ll seemed hunky-dory. The air was suffused with a sanguine current cascading through the markets and rallying up the prices touching a year-high of $53.73. Saudi Arabia aims to cut 2%-4% of total production and Russia also says that it will drain some 700,000 bpd. But the whole scenario was tinged with a shadow of askance.

Published in Energy

Several governments and organizations in the world are attempting to assuage the Middle-East crisis. The disintegration of Libya, the destruction of Syria and the rise of ISIS combined with internal identity conflicts as well as an often incorrect and injurious perception of culture and history from outside the region, have made peace and stability farther from reach.

Published in Middle East

The last, recent joint note of Italian and Egyptian attorneys on Giulio Regeni's murder shows that a good degree of cooperation in the investigation has been finally reached. Unfortunately that has required various months during which Egyptian transparency wasn't so high.

Published in Europe

Although some US military decision-makers have recently said that the air raids on Sirte are to be considered "purely tactical" - as also General Petraeus stated on August 4 last - the US operations in Libya which started on August 1 last have evident strategic importance.

Published in Defense
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