Iran fears losing its influence…
There are a number of…
After years of reticence to reengage as the situation in Libya increasingly spiralled out of control, the European powers—and particularly France and Italy—are finally wading into the debate over how…
Azerbaijan and Turkey have further strengthened their already close relations with the formal commissioning of the first Azerbaijani-built oil refinery in Turkey. For an estimated $6.3 billion, the new 10 million…
OPEC’s biggest producer and de facto leader Saudi Arabia hopes that the cartel and its Russia-led non-OPEC partners in the production cut deal will sign an ‘open-ended’ cooperation deal when…
After the resurgence of the U.S. oil industry in recent years due to hydraulic fracking and the shale oil revolution, most thought the days of Middle Eastern oil producers, Saudi…
Iran is resurrecting its stock exchange, last used four years ago, to sell one million barrels of crude, the National Iranian Oil Company said in a statement quoted by…
Amid never ending talk and speculation over how many more barrels of Iranian oil will be removed from global markets once sanctions slated to hit Iran’s oil production on November…
The Trump Administration trade policy is nowhere so clear as in the energy area. For years it was thought that the younger Bush Administration was one of the most energy…
Oman has long been nicknamed the “Switzerland of the Middle East” thanks to the nation’s peace-focused diplomacy measures and a tendency toward neutrality and mediation. Despite being geographically surrounded by…
Under a new deal being signed with Russia on October 3, Kazakhstan will be permitted to export car fuel — a sign that severe domestic shortages may be a thing of…
Iraq’s ministry of oil has published a very optimistic report on the country’s capability to ramp up production, but internal political issues could lead to a new crisis after this…
As crucial mid-term congressional elections in November draw near, the Trump administration is feeling the heat over higher oil prices. London-traded global oil benchmark Brent breached the $80 per barrel…
Iran Tries to Bypass the Hormuz Strait Global markets have recently gone into overdrive in anticipation of the US-Iran standoff’s outcome. President Trump is building up pressure on Tehran, his…
When earlier this week reports emerged that Saudi Arabia is striving to keep oil prices in the range of US$70-80 per barrel in a bid to balance its need…
India is increasingly finding itself caught between competing alliances. On one hand, ties between Washington and New Delhi have improved in recent years in large part to what both sides…
Trump’s trade war is taking a toll on the oil and gas industry. There has been some eleventh-hour drama over the renegotiation of NAFTA, but the energy industry is…
When OPEC and Russia shook on increasing crude oil production by a million barrels daily to stop the oil price climb that had begun getting uncomfortable for consumers from Asia…
Beijing is taking to task a Pentagon report, ”Military and Security Developments Involving the People’s Republic of China 2018” released last Thursday on China’s military activities. The annual report…
The oil market has suddenly gone south in recent weeks, with cracks in the global economy starting to drag down oil. The U.S.-China trade war is one of the drivers…
Turkish Pres. Reçep Tayyip Erdogan believes the U.S. will stop short of forcing Turkey out of NATO, destroying its currency, and pushing it into an alliance with Russia and the…
Donald Trump’s decision to leave the Iran nuclear deal and slap sanctions on Teheran is the most significant energy development of 2018. The first round of Iran sanctions, in place…