The Abrupt Demise Of Dutch Gas
The largest and oldest-producing gas field in Western Europe, the Groningen field, is on the verge of being shut down. If that happens, it will entail the tumbling of Netherlands’ Continue Reading
Oil dips on rising U.S. crude inventories, high OPEC supplies
Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high output from OPEC producers revived concerns of a fuel supply overhang. Brent crude futures LCOc1, Continue Reading
Qatar’s $300 billion conundrum: how liquid are its reserves?
When is $300 billion not enough? That question is key to Qatar’s future as some bankers and hedge funds speculate the super-rich state’s vast financial reserves may not be liquid Continue Reading
Three Years Into Cheap Oil, Gulf Is Still Depending on a Rebound
Low prices combined with output cuts are weighing on growth Isolation of Qatar has added to perception of regional risks Energy-rich Gulf Arab nations have scrambled to adjust to the Continue Reading
The Qatar Blockade Is Threatening The OPEC Deal
The blockade of Qatar could persist for quite a long time, according to the foreign minister of the UAE, who insisted that the Gulf States that have imposed the punitive Continue Reading
Saudi Arabia empties domestic crude tanks:
Saudi Arabia has been progressively reducing its bloated domestic stocks of crude in a sign the global oil market is rebalancing, albeit more slowly than OPEC anticipated. Saudi Arabia’s domestic Continue Reading
Saudi Crude Inventories Continue To Decline
The news comes as the KSA pressures the United States and Asian countries to lower their domestic inventories and buy new crude supplies, ending the current glut that is keeping Continue Reading
How a Saudi Prince Unseated His Cousin to Become the Kingdom’s Heir Apparent
After a wakeful night confined to a Mecca palace lounge, Saudi Arabian Crown Prince Mohammed bin Nayef emerged into a marble-walled room the morning of June 21. The 57-year-old prince Continue Reading
Addiction and intrigue: Inside the Saudi palace coup
On Tuesday June 21 Mohammed bin Nayef, a powerful figure in Saudi Arabia’s security apparatus for the past two decades and the next in line to the throne, was summoned Continue Reading
Volvo Accelerates Toward Electric Future With China’s Geely
Volvo Car Corp., the Swedish auto maker, and its Chinese parent Zhejiang Geely Holdings on Thursday unveiled plans for wide-ranging collaboration to develop new technology that aims to accelerate Volvo’s Continue Reading