Western trade restrictions on China's…
Azerbaijan faces potential sanctions from…
The oil supply disruption in Libya could last a little longer than previously thought, threatening to tighten global supplies at a time when a supply deficit was already starting to…
Relations between the United States and Russia have deteriorated dramatically over the years due to Moscow’s intervention in neighbouring Ukraine and its annexation of Crimea. This change in foreign policy…
Since its December 2016 oil production-cut deal came into effect, the Organisation of Petroleum Exporting Countries (OPEC) has seen crude oil prices more than double, following the market rebound from…
After a hectic week of unofficial meetings between OPEC members in Vienna, largely in and around the Hofburg, the former residency of the Austrian Emperor Franz Jozef and his wife…
The ongoing speculation online about the future of cooperation between Russia and OPEC seems to be a little one-sided. The main point of discussion up until now has been the…
President Trump has reportedly asked OPEC and Russia to increase crude oil production by 1 million barrels per day as prices at the pump in the United States have climbed…
“We're putting the trade war on hold,” U.S. Secretary of Treasury Steven Mnuchin said on “Fox News Sunday,” nearly two weeks ago. That didn’t go down well with President…
The threat of U.S. sanctions has prompted Russian oil giant Lukoil to put its plans to develop projects in Iran on hold while the Indian company that owns the world's…
Oil prices plunged on Friday after news broke that OPEC and its partners, including Russia, are considering allowing higher levels of oil production, which could mark the beginning of the…
Oil prices surged following President Trump’s withdrawal from the Iran nuclear deal. So, what happens next? Trump did not offer any new justification for how Iran was violating the nuclear…
Despite President Trump’s clear signals over the last month, his decision to leave the JCPOA nuclear deal has still managed to shock the market. It appears that the market, and…
U.S. President Donald Trump on May 8, 2018, fulfilled a major campaign promise to his voters by withdrawing the U.S. from the 2015 JCPOA (Joint Comprehensive Plan of Action) into…
After two months of an almost uninterrupted increase, crude oil is set for even more volatility on a string of political events that could see it either touch US$80 or…
The geopolitical risk premium has taken center stage as one of the key drivers of oil prices in recent months, often trumping fundamentals to send prices soaring on concerns about…
An agreement is an agreement, or so it’s said. Tensions are skyrocketing after Israeli Prime Minister Netanyahu’s claim that Iran has violated the Joint Comprehensive Plan of Action (JCPOA) agreement.…
Since the start of 2018, Russia’s pipeline crude oil exports to China have been growing, while its seaborne shipments to Europe have been falling. At the beginning of this year,…
Oil market participants and analysts will be intently watching the Trump Administration over the next month. May 12 is the deadline for the U.S. President to decide to waive sanctions…
The U.S.' declaration that the overnight missile strikes against Syria would be limited and a "one-time shot" may tamp down some of the risk to oil prices spiking when markets…
In the past few weeks at least seven natural gas pipeline operators were the victims of hackers that targeted third-party communications system Latitude Technologies, causing service disruptions and breakdowns…
Here we are, almost eighty years after Cardenismo – Lázaro Cárdenas’ presidential rule – which extinguished foreign oil companies in Mexico with the objective of hoisting the nation to self-sufficiency.…