Vladimir Putin's reelection will lead…
There are a number of…
India has plans in place to increase its LNG import capacity to 70 million tons a year, which means the country will import more LNG than China did last year…
In a move that could upend the pricing and trading of one of the world’s most actively traded commodities, China plans to finally launch its long-awaited and delayed yuan-denominated oil…
Venezuela’s slumping oil production is a “clear and present danger” to the oil market, RBC Capital Markets said this week. Venezuela’s production continues to fall at a frightening clip, falling…
China is expanding its "One Belt, One Road" initiative to satisfy a long-sought geopolitical objective: A claim to the Arctic. It has been nearly five years since China was granted…
The Wall Street Journal reported last week that Venezuela’s oil output in December fell by 11 percent, to 1.62 million barrels per day (BPD). That capped a decline of 29 percent in…
The Venezuelan Parliament, run by the opposition, voted on Tuesday to declare Nicolas Maduro’s plan to issue an oil-backed cryptocurrency—the Petro—illegal, claiming that it violates the constitution and attempts…
In a few days, U.S. President Trump may try to re-impose sanctions on Iran, a dramatic step that could heighten tensions between the two countries. Some analysts believe the…
Since the election of Hugo Chávez Frias to the Venezuelan presidency in 1998, followed by Nicolás Maduro in 2013, Venezuela has endured steady decline with the approval of the new…
he "huge story", as Graticule's Adam Levinson called it, will, it appears, be a "wake up call" for the West that seems to happily be ignoring this potential bombshell that is China's looming launch of…
Oil prices hit highs last seen before the 2014 slump thanks to continuing violent protests in Iran as well as the momentum from production outages that occurred last month in…
The Roman historian Tacitus once famously quipped “the more corrupt the state, the more numerous the laws”. Every year, roughly 2 percent of global GDP is lost to public…
Oil prices started the year on a high note as some geopolitical tension pushed aside bearish concerns. Both WTI and Brent opened above $60 per barrel for the first time…
Despite years of effort from the EU, Russia’s grip over natural gas supplies in Europe is tightening, not waning. Gazprom shipped 190 billion cubic meters of natural gas to Europe…
Taking advantage of the low oil prices, China increased its Strategic Petroleum Reserve (SPR) by almost 14 percent between June 2016 and June 2017, according to data by its…
Russia's Rosatom State Atomic Energy Corporation and Uzbekistan have signed a nuclear-cooperation agreement that Rosatom says will pave the way for bilateral cooperation "in many aspects of civil nuclear energy."…
South Korea has impounded a Hong Kong-registered oil tanker suspected of having secretly transferred refined oil to a North Korean vessel, thus violating United Nations sanctions, South Korean officials…
Venezuelan President Maduro shocked the market in early December when he followed China's 'petro-yuan' futures announcement by making headlines of himself proclaiming a new national cryptocurrency - the 'Petro' - to overcome The…
Again, Nigeria’s government has failed its citizens, thanks to an acute shortage of fuel—despite the country’s status as the chief oil-producing country on the African continent. Year in and year…
According to South Korea's Chosun Ilbo, U.S. recon satellites have photographed around 30 illegal transactions involving Chinese vessels selling oil to North Korea on the West Sea in October. The images allegedly…
The OPEC extension keeps the oil market on track to balancing at some point next year, but if the group overshoots on tightening, OPEC members could begin cheating, potentially leading…