The World’s Top Oil Consumers
No doubt when faced with the question “Who’s the biggest oil guzzler in the world?” one would immediately think about the U.S. or China. Or perhaps India. Few of us, Continue Reading
An Energy Shock from the High Seas
Circle January 2020 on your calendar for what could be a major disruption to the energy market and a jolt to the global economy. The origin of the problem isn’t Continue Reading
Long Promised, the Global Market for Natural Gas Has Finally Arrived
One day in March, the Rioja Knutsen tanker, filled with liquefied natural gas, was traveling from the U.S. to Portugal. Suddenly, Mexico’s power company lobbed in a higher bid for Continue Reading
EIA cuts 2017 world oil demand growth forecast
The U.S. Energy Information Administration on Tuesday cut its 2017 world oil demand growth forecast by 20,000 barrels per day to 1.54 million bpd. In its monthly forecast, the agency Continue Reading
For Goldman Sachs, OPEC’s Exit Strategy Is a High-Wire Act
The biggest question in oil markets is what OPEC should do once its deal to cut output ends next spring. Goldman Sachs Group Inc. has an answer, but it requires Continue Reading
Op-Ed: Global Oil Market Trends, US Production Stump OPEC Strategy
Crude oil demand will have to put supply in its place before prices will manage a sustainable rally. Despite six months of lauded compliance with its own production quotas, OPEC’s Continue Reading
Iran’s Parliament, Shrine of Ayatollah Hit by Attackers
TEHRAN—Gunmen and suicide bombers struck Iran’s Parliament and the shrine of Ayatollah Ruhollah Khomeini on Wednesday, killing at least seven people in what officials called a rare terror attack in Continue Reading
Biggest Middle East Ports Shun Qatar as Saudis Tighten Isolation
Saudi, Abu Dhabi oil ports bar tankers calling at Qatar Dubai’s DP World shuts access to container port at Jebel Ali The biggest Middle East oil and container ports banned Continue Reading
Biggest Middle East Ports Shun Qatar as Saudis Tighten Isolation
Saudi, Abu Dhabi oil ports bar tankers calling at Qatar Dubai’s DP World shuts access to container port at Jebel Ali The biggest Middle East oil and container ports banned Continue Reading
The Saudi Prince, the Sheikh and a Gulf Renegade
The choreographed statements by Saudi Arabia and three allies to quarantine Qatar at just after 6 a.m. on June 5 were not signed, but there was no mistake about who Continue Reading