More: OPEC
Crude Oil Bearishness Is Here To Stay
Despite seven weeks of inventory withdrawals, the global oil market has failed to translate this effect into a sustainable and significant oil price increase....
Oil Deal: Can OPEC Afford One?
In my last article I covered different prospects/facets that signaled towards the extension of an oil deal. Of late there are developments that not...
Deal, No Deal
It has been a topsy-turvy story for the most traded and (politically and economically) significant commodity in the world. Welcome to the world of...
Vienna Accord and the Rising inventories
It has not been a happy story hitherto for oil markets as the prices continue to be under pressure. The recent inventory build-up of...
Strong Headwinds for Oil Ahead
The oil markets have just received a long awaited yet unexpected jolt. “No one is yawning now”, as an article in New York Times...
Libya and the essence of the agreement between OPEC and non-OPEC countries
L ibya is planning to double its crude oil production next year. Although it has been an OPEC member since 1962, as well...
The agreement between OPEC and non-OPEC countries
O PEC, which is the cartel of the 14 major oil producers, has recently adopted a policy that is bound to change all...
No Refuge for Oil
Of-late the monotonous oscillation of oil prices is making it difficult for writers and analysts to get any sense out of this whimsical trend....
The global strategy of General Khalifa Haftar
T he agreement between the Libyan factions signed in Morocco on December 17, 2015 has not been implemented yet. It implied an enlightened...
Oil prices: The demand looks weak, the commitment strong
EIA recently reported that this year (2017) will see a highly volatile oil price. From 30th November to hitherto oil prices have seen a...