• 5 minutes Covid-19 logarithmic growth
  • 8 minutes Why Trump Is Right to Re-Open the Economy
  • 12 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 14 minutes China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 2 hours Which producers will shut in first?
  • 6 hours How to Create a Pandemic
  • 39 mins TRUMP pushing Hydroxychloroquine + Zpak therapy forward despite FDA conservative approach. As he reasons, "What have we got to lose ?"
  • 8 hours KSA taking Missiles from ?
  • 8 hours There are 4 major mfg of hydroxychloroquine in the world. China, Germany, India and Israel. Germany and India are hoarding production and blocked exports to the United States. China not shipping any , don't know their policy.
  • 8 hours A New Solar-Panel Plant Could Have Capacity to Meet Half of Global Demand
  • 7 hours Trump eyes massive expulsion of suspected Chinese spies
  • 3 hours WE have a suicidal player in the energy industry
  • 4 hours Eight Billion Dollars Wasted on Nuclear Storage Plant
  • 9 hours Breaking News - Strategic Strikes on Chinese Troll Farms
  • 22 hours Today 127 new cases in US, 99 in China, 778 in Italy
Alt Text

Is Oil Heading To $10?

As Saudi Arabia continues to…

Alt Text

An Oilman’s Plea To President Trump

Oil markets are reeling from…

Editorial Dept

Editorial Dept

More Info

Premium Content

Saudi Arabia’s Fight To Retain Regional Power

Gulf Oil Money: The Significant Fade-Away

Gulf money is everywhere, but it won’t last, and nor will the reputations of the nations who hold it.

The Saudi Crown Prince is fully aware of this trend and is scrambling furiously to fix it. 

Gulf oil money still has plenty of allure, which means Washington is still (as always) looking for ways to appease both Saudi Arabia and its close ally Israel, a strategy which works in the case of Iran, but not in the case of the Palestinian Territories. Withdrawing from the Iranian nuclear deal was a big nod to both allies. Trump’s Middle East ‘peace plan’, however, was not. It was primarily a huge victory for Iran, but the fact that Netanyahu was forced to temporarily back down from his West Bank annexation plans was Washington’s bone to the Saudis, which it’s really hoping will bankroll some sort of economic stability for the Palestinians. 

But plenty of tables are being turned these days. And they’re all turning on the pressure of oil and gas. 

One table that has been turned is in the Mediterranean: Israel is now emerging as a major supplier of gas thanks to its massive finds and first production in the Leviathan field. This changes everything. It makes Israel a major power of sorts, because gas (just like oil) buys peace, even with a country such a Jordan, one of the staunchest supporters of the Palestinians, and home to over 2 million Palestinians.…






Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News