More: OPEC
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...
Possibilities of Global Oil Supply Volatility due to Khashoggi’s Mysterious Death
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...
OPEC defies Trump’s call for more oil- Now what?
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...
Why Did the Oil Prices Spike 13% in One Week
What will you call a man who first grumbles about higher oil prices and then cause a rally ithis own actions? Yes, Trump. WTI...
OPEC’s big test: A choice between right and wrong
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...
Middle East: Geopolitics and Oil prices
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...