The Oil Price Risk Analysts Are Ignoring
Oil prices have given up some of the gains from last week’s oil tanker attack in the Gulf of Oman, with recession fears outweighing geopolitical tension and the risk of Continue Reading
Oil prices have given up some of the gains from last week’s oil tanker attack in the Gulf of Oman, with recession fears outweighing geopolitical tension and the risk of Continue Reading
WASHINGTON — Iran threatened on Monday to accelerate its nuclear program in violation of a 2015 nuclear agreement, moving it closer to the ability to build an atomic weapon — something Continue Reading
With less than two weeks before OPEC’s production cuts are set to expire, the producer group and its allies appear no closer to choosing when their next meeting will be. Continue Reading
Saudi Arabia will back an extension of OPEC curbs in the second half of the year, the kingdom’s energy minister, Khalid al-Falih, said Monday, according to news reports. When OPEC Continue Reading
Iraq is looking to draft contingency plans in case the heightened tension in the Middle East results in some kind of blockade of Iraq’s oil exports through the Persian Gulf—a Continue Reading
It has been a while since the last assurance from a senior Saudi official that the initial public offering of oil giant Aramco is going ahead as planned, and this Continue Reading
Iran’s oil minister met his Russian counterpart in Iran on Monday, industry sources said, raising hopes of progress in resolving an impasse over when OPEC and its allies will hold Continue Reading
“Fewer owners are willing to take their vessels into the Middle East and those that do demand a premium for the service,” said Anoop Singh, a tanker analyst for Braemar Continue Reading
That doesn’t mean there won’t be a war—the chances for miscalculation are high and growing higher—but merely that war isn’t actually the outcome either side seeks. This is the high-stakes Continue Reading
Russian Pres. Vladimir Putin’s early June 2019 summit in Moscow with People’s Republic of China (PRC) Pres. Xi Jinping seems likely to have a disproportionate influence on the next phases Continue Reading