More: OPEC

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...

Price war on oil and gas market from geopolitical perspective

The collapse of the OPEC+ deal, coupled with a drop in demand amid the raging coronavirus pandemic, has sent tectonic shocks across the global...

Oil Wars: Russia and Saudi Arabia in the forefront

Recent developments in Italy and the stock market have things in common. Both came as an alarming surprise; while Italian authorities took stringent measures to lock...

Clash of titans: Is OPEC+ deal nearing its end?

Only a few days is left before the unveiling of a big decision which will mostly determine the future of oil market in the upcoming...

Is OPEC stuck in a cycle of endless cuts?

In its latest annual World Oil Outlook (WOO) report, published last week, the Organization of the Petroleum Exporting Countries (OPEC) predicted its oil production and market...

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South Africa braces for anti migrant protests as cities shut down

Businesses closed, public transport services were disrupted and thousands...

Will the Israel Lebanon deal bring peace or prolong the Hezbollah conflict?

The new security framework between Israel and Lebanon is...

Is the Strait of Hormuz reopening driving a tanker market recovery?

The partial reopening of the Strait of Hormuz is...

The Evolution of OPEC: From Oil Cartel to Crisis Manager

Origins of OPEC and the Oil Shocks OPEC was initially...

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