More: OPEC
Quiet panic: “We don’t know how oil market is going to function after a certain date”
“How will the market react to the attempts by politicians to rig supply and price?” asks “The Financial Times” in an article “The week...
USA-KSA Energy War and Global Energy Crisis
The response of the USA to OPEC and its partner’s plan to reduce output by two million barrels per day was strong enough to...
U.S. slow walks punitive measure against Saudi Arabia as regional tension spills into Qatar World Cup
Recent Saudi efforts to appease the Biden administration in the wake of the kingdom’s backing of last month’s OPEC+ oil production cut take on...
The Geostrategic implications of crude oil
In the 33rd Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC, a group often referred to as OPEC+, ministerial meetings in Vienna decided...
US vs OPEC+: A tectonic shift in Geopolitics
A perfect storm is brewing on the foreign policy front in America triggered by the OPEC+ decision to cut oil production by 2 million...
Funding and Policy Challenges Facing Africa’s Petroleum Industry
Editor's Note: Modern Diplomacy, along with Global Leaders especially OPEC members, mourns Mohammad Sanusi Barkindo, OPEC Secretary General, whose unexpected death occurred early this...
The Global Oil Market: OPEC+ Alliance at the Crossroads
Since the pandemic struck last year, the energy market has been under a constant spiral of uncertainty. The oil markets experienced the brunt as...
Oil and gas geopolitics and its end
Let us see how oil barrel prices have really fluctuated in recent weeks: in April, in fact, the European and Asian Brent benchmark, in...
The Next Forty-Seven Years of Oil war
We know the meaning of this compound word before the fluctuations of petroleum products. Peter means rock oleum oil. The first reason to address...
OPEC production cut papers over cracks in US-Gulf relation but for how long?
A decision by the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers like Russia to temporarily end a price war and cut production...