China’s Falling Fuel Demand Eases Pressure on Oil Markets
Three months into the Iran war, the oil market is adjusting to the fact that China, the largest importer of oil, needs significantly less...
Are Hidden Oil Flows From Hormuz Reshaping the Energy Market?
Oil shipments passing through the Strait of Hormuz have quietly increased in recent weeks, but traders say the movement reflects a fragmented and opaque...
Nigeria’s Oil Sector Under Pressure After Abu Dhabi’s OPEC Exit
After 60 years as a member of the Organization of the Petroleum Exporting Countries (OPEC), the United Arab Emirates (UAE) has decided to officially...
Why OPEC’s Foundational Conditions No Longer Hold for the UAE
The institutions that govern producer cartels rest on a set of conditions that are usually invisible because they hold uniformly across the membership. When...
Rigid Margins, Rising Pressures: The New Gulf Gas Order
The global gas system is entering a phase defined by limits rather than freedoms. It absorbs shocks but does not return to a neutral...
China and UAE’s Exit from OPEC: Risks and Opportunities
The United Arab Emirates' announcement of its withdrawal from OPEC and the OPEC+ alliance, effective May 1, 2026, represents a major strategic shift in...
OPEC After the UAE Exit: The End of Oil Unity
The withdrawal of the United Arab Emirates to abandon OPEC is far more than just a change in policy, but represents a change in...
America Replaces OPEC as Global Oil Shock Absorber
The ongoing Iran war has reshaped global energy dynamics, shifting influence away from OPEC toward the United States. Traditionally, OPEC and key producers like...
Iran War Boosts Russia’s Main Oil Income to $9 Billion in April
Russia's revenue from its main oil tax is set to double to $9 billion in April due to the oil and gas crisis following...
Hormuz Blockade Creates Winners and Losers Among Middle East Oil Exporters
The closure of the Strait of Hormuz has significantly impacted global oil prices, benefiting countries like Iran, Oman, and Saudi Arabia while others like...