Oil prices have rallied a whopping 30 percent this year. Among other factors, OPEC’s commitment to reduce output, geopolitical flash-points like the brewing war in Libya,...
OPEC and some non-OPEC oil ministers met in Vienna last week and agreed to curb their output by 1.2 mb/d in order to address growing surpluses...
The Emirate of Qatar will leave OPEC as from January 1, 2019. The primary reason for this choice is the Emirate’s project to become the world...
Right from the day Trump withdrew from Iran’s nuclear deal, announcing his plan for cutting Iranian oil exports to zero, the oil scholars and experts all...
Owing to the decrease in spare oil capacity worldwide, OPEC Secretary-General Mohammad Barkindo advised the oil-producing companies to enhance their production capacities and investments to meet...
The 10th gathering of the Joint Ministerial Monitoring Committee (JMMC) of OPEC and non-OPEC members on Sunday ended, as Iran insisted, without any direct decision on...
What will you call a man who first grumbles about higher oil prices and then cause a rally ithis own actions? Yes, Trump. WTI touched $74,...
As the Organization of Petroleum Exporting Countries (OPEC) prepares to meet later this week in Vienna, tension is rising among some of the cartel’s biggest members...
Far beyond these daily news and narrative centered upon the trajectory of oil prices there is a field; where the short-term worries pales into significance and...
While some analysis reports in previous century forecasted the oil depletion in the significant amount of oil reservoirs till the end of second decade in 21st...