More: OPEC
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...
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...
INSTEX, OPEC meeting and oil market
In the past few days, oil traders around the world
have been eyeing three major events closely in order to catch a glance at the
direction...
What may cause Oil prices to fall?
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...
Oil Market Report: A floor under prices?
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...
Qatar’s decision to leave OPEC
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...
The impact of U.S. sanctions on Iranian oil industry, market in focus
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...