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July 17, 20180

Why oil prices are suddenly tanking

Once red-hot, oil prices are suddenly tanking. Rumors about emergency action from the Trump administration helped send US crude plunging 5% on Mond

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July 17, 20180

Iran warns OPEC, Saudi on violating output-cap agreement

Addressing Al Mazrouei, Zanganeh warned that any violation of OPEC’s oil production ceiling will hurt the effectiveness of the organization, Shana new

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July 17, 20180

Fitch Economist Blows Lid off US’ Dependence on Russian Oil

Russia doesn’t view the US as a potential key purchaser of the its oil, while Washington has expressed a keen interest in putting a damper on exor

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July 16, 20180

Opec+ oil production boost to reassure market investors: EIU

The 1mn barrels per day production boost by Opec and its allies will help to reassure market investors and prevent a spike in oil prices in the near t

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July 15, 20180

Turk Economy Czar Sees Curbing Infation Top Priority

Berat Albayrak uses first interview to highlight policy goals  Erdogan’s son-in-law says Turkish central bank is independent Treasury and

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July 15, 20180

Time running out for Brexiteers

By Gwynne Dyer/Washington, DC Even with Donald Trump scheduled for a brief visit to the United Kingdom this week amid massive protests, it’s

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July 15, 20180

Libya’s National Oil Corporation to re-open key southern oilfield

Libya’s National Oil Corporation (NOC) said yesterday it will re-open a southern oil field and resume production within 48 hours, after announcing a r

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July 15, 20180

Why Saudi’s Aramco IPO won’t happen: It’s a bad investment

Bloomberg/London It was the moment Saudi Arabia’s reforming young prince told the world he meant business. In early 2016, Mohammed bin Salman

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July 15, 20180

The global economy’s uncertain future

At the start of 2018, most of the world economy was experiencing a synchronised cyclical recovery that seemed to herald a longer period of sustainable

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July 15, 20180

The energy implications of the Gulf crisis

Even though energy production and exports are the lifeblood of all Arab states in the Gulf, the present crisis between Qatar on the one hand and Saudi

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