In 1973 and 1979 war in Israel and turmoil in Iran twice ruptured the oil market, triggering an inflationary surge that sapped western economies and unseated a US president. In the decades since, the possibility […]
Abu Dhabi has stepped up its security around oil and shipping in the UAE following Israel’s retaliatory strike on Iran, according to industry sources. One source with knowledge of the matter told S&P Global Commodity […]
The surprise oil output cuts announced on Sunday by OPEC+ members illustrate their greater power over the market, given limited supply growth by other producers such as U.S. shale firms and still-growing demand despite the […]
OPEC and its allies will monitor oil market conditions and the supply-demand balance in its upcoming Dec. 4 meeting, Iraq’s national representative to OPEC said Nov. 26, as the coalition seeks to stem a price […]
Libya’s oil and gas minister in the UN-backed Government of National Unity expects oil production to return to “normal” levels of 1.2 million b/d in a week to 10 days as the OPEC member begins […]
(Bloomberg) — Libya’s oil production has risen in the past week to around 700,000 to 800,000 barrels a day, according to Energy Minister Mohamed Oun. Oun, who gave the updated estimate on Monday, said on June 13 […]
There are some things in my professional career that highlights, and there are low points along the way. My regular podcast with Ryan Ray is one of the most fun interviews that I have on […]
While the arrival of President-elect Joe Biden at the White House on January 20 is expected to mark a shift in the US policy with far reaching geopolitical implications, sanctions on Iran may not be […]
The world is on track to run out of sufficient oil supplies to meet its needs through 2050, despite lower future demand due to the Covid-19 pandemic and the accelerating energy transition – unless exploration […]
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