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Fuel Crisis Hits Kazakhstan Hard

Fuel Crisis Hits Kazakhstan Hard

Amid an ongoing fuel crisis,…

Geopolitics / International

Tensions Rise As Iraq Halts Kirkuk Oil Exports

Tensions Rise As Iraq Halts Kirkuk Oil Exports

Nov 01, 2017 at 12:00 | Tsvetana Paraskova

Since the Iraqi army took control of the fields in the oil-rich Kirkuk area in mid-October, reports of disruptions in oil flows have been a daily occurrence, but now, according…

Venezuela Avoids Default With Critical Payment

Venezuela Avoids Default With Critical Payment

Oct 27, 2017 at 12:57 | ZeroHedge

On Wednesday, when looking at the imminent principal payment on $842 million in debt issued by Venezuela's state-run oil company PDVSA , we warned that the state - which had previously…

Saudi Rhetoric Sends Oil Prices To Two-Year High

Saudi Rhetoric Sends Oil Prices To Two-Year High

Oct 27, 2017 at 09:26 | Irina Slav

Comments made by Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS), sent Brent crude to its highest in more than two years, to US$59.30 a barrel, Reuters reports. West…

The Qatar Blockade Could Cause A Regional Recession

The Qatar Blockade Could Cause A Regional Recession

Oct 26, 2017 at 15:33 | Zainab Calcuttawala

Five months into the Gulf’s blockade against Qatar, and neither side looks ready to budge. But the repercussions of the ongoing spat—and Kuwait’s failure to end the dispute—could deliver a…

Venezuela Could Default In The Next 48 Hours

Venezuela Could Default In The Next 48 Hours

Oct 26, 2017 at 12:52 | ZeroHedge

This past weekend, Venezuela failed to make $237 million in bond coupon payment, blaming "technical glitches" when in reality it simply did not have the money (or wish to part…

Iraq Conflict Won’t Trigger Oil Rally

Iraq Conflict Won’t Trigger Oil Rally

Oct 25, 2017 at 16:56 | Nick Cunningham

The standoff between the Iraqi government and Kurdistan over the past month helped push up oil prices, due to the idling of a sizable portion of the country’s crude oil…

Saudi Arabia To Move Beyond Oil And Islam

Saudi Arabia To Move Beyond Oil And Islam

Oct 25, 2017 at 16:53 | Zainab Calcuttawala

Crown Prince Mohammed bin Salman announced the coming creation of a $500 billion business and industrial megacity that links Saudi Arabia, Egypt, and Jordan together by focusing on growth in…

Can Venezuela Avoid Default?

Can Venezuela Avoid Default?

Oct 24, 2017 at 15:58 | Tsvetana Paraskova

The oil and bond market participants have hardly had time to take a breather after Venezuela’s disputed regional election, as the cash-strapped crisis-stricken country has to make more than…

The 5 Countries That Could Push Oil Prices Up

The 5 Countries That Could Push Oil Prices Up

Oct 23, 2017 at 17:21 | Nick Cunningham

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. An unexpected disruption could occur at any…

Syrian Kurds Cut Secret Gas Deal With Russian Forces

Syrian Kurds Cut Secret Gas Deal With Russian Forces

Oct 20, 2017 at 16:32 | ZeroHedge

In a move that surprised many observers of the ongoing war for Deir Ezzor province, the U.S.-backed Syrian Democratic Forces (SDF) handed over one of Syria's largest gas fields to Russian…

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