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Aramco On Lockdown After Houthi Missile Attack

Aramco On Lockdown After Houthi Missile Attack

Saudi Arabia had intercepted a…

Geopolitics / International

US Threatens Sanctions On Anyone Dealing with Iran’s Oil Tanker

Aug 16, 2019 at 10:41 | Tsvetana Paraskova

The United States threatened to slap sanctions on any ports or banks or virtually anyone trying to make deals with Iranian oil tanker Grace 1—the ship that was released…

How Trinidad & Tobago Is Benefitting From The Venezuelan Crisis

Aug 09, 2019 at 13:15 | Oxford Business Group

In June the UN estimated that 4m people had fled Venezuela as a result of the crisis. Of these, some 40,000 have arrived in T&T. Although this is far lower…

This Arms Deal Could Trigger A New ‘’Cold War’’

Jul 12, 2019 at 17:52 | Cyril Widdershoven

The long-awaited, and feared, delivery of Russian S-400 missile systems to Turkey has started. In spite of US and European warnings that Ankara should reconsider the Russian arms deal, to…

Gulf of Mexico Production Falls 50%

Jul 12, 2019 at 12:14 | Editorial Dept

Discovery & Development • Britain’s most important pipeline system, Forties, saw flows reduced to 150,000 bpd from 450,000 bpd-575,000 bpd due to repairs, which are set to be completed by…

The Dark Outlook For Non-OPEC Oil

Jun 28, 2019 at 16:58 | Nawar Alsaadi

The period from 2010 to 2014 witnessed the highest sustained oil price environment in recent memory, with Brent averaging $110 a barrel and WTI $95 a barrel. This high oil…

The West Just Made A Big Mistake In Middle East

Jun 21, 2019 at 17:40 | Cyril Widdershoven

  US politics have always been a bi-partisan affair. Two blocks fighting each other without taking into account possible repercussions of their decisions on global geopolitics and…

The Bearish Threat Within OPEC

Jun 07, 2019 at 17:42 | Cyril Widdershoven

After a prolonged oil price plunge, pushing price levels down to around $59 Brent per barrel, signs are showing that the market believes the downward trend has overshot its target.…

Russia Calls The Shots In A Fractured OPEC

Jun 07, 2019 at 17:41 | Irina Slav

The fact that Russia and most OPEC members are happy at different oil price levels has never been a secret. Now, President Putin has said it as bluntly as possible:…

OPEC Production Falls Despite Saudi Production Boost

May 31, 2019 at 13:01 | Editorial Dept

Deals, Mergers & Acquisitions• Canadian Utilities will sell all its fossil fuel-powered generation capacity for $835 million to Heartland Generation, a company affiliated with Energy Capital Partners. The…

Tainted Russian Oil Crisis May Drag On For Months

May 24, 2019 at 17:37 | Tsvetana Paraskova

It’s been a month since Russian oil flows through the Druzhba pipeline were suspended due to contamination, and despite Russia’s assurances that clean oil will resume flowing through the pipeline…

New Middle East Proxy War Could Jolt Oil Prices

May 10, 2019 at 17:51 | Cyril Widdershoven

U.S. sanctions on Iran are now really starting to bite. In contrast to what European media portray, Iran’s oil and gas exports are plunging. Tehran’s ability to supply its Asian…

The Oil Kingdom Enters A New Era

May 10, 2019 at 17:43 | Vincent Lauerman

Saudi Crown Prince Mohammed bin Salman’s largely self-inflicted losing streak appears to have come to an end, and just in the nick of time, with arch-nemesis Iran in the process…

Oil May Hold The Secret To Ending The Trade War

May 10, 2019 at 17:31 | Haley Zaremba

On Wednesday, U.S. president Donald Trump crushed any hopes of a trade deal with China when he announced that China “broke the deal” and that, as a consequence, the U.S.…

Middle East Oil Giants Are About To Upend Oil Trading

May 03, 2019 at 17:02 | Cyril Widdershoven

The summer of 2019 could be a watershed moment in global commodity markets. The next couple of months, could see a major reshuffle of global commodity trade and financial markets…

Is This The End For India-Iran Energy Relations?

Apr 26, 2019 at 12:46 | Haley Zaremba

After the Trump administration’s Monday announcement that the United States would not renew its six-month waivers to third party countries for their continued purchase of Iranian oil, India has been…

Iran Demands U.S. Apologize For “Illegal” Sanctions

Apr 25, 2019 at 11:41 | Tim Daiss

Global oil markets are still adjusting to President Trump’s decision on Monday to not extend the 180-day waiver for Iranian oil imports to the country’s eight largest customers. On…

Trump’s Oil Waiver Decision Is A Double-Edged Sword

Apr 19, 2019 at 12:56 | Tim Daiss

Tokyo is still trying to prevent being caught in the geopolitical cross-fire between Washington and Tehran. On Friday, Japan’s Minister of Economy, Trade, and Industry (METI) Hiroshige Seko said that…

Trump’s Foreign Energy Policy Could Haunt Him In 2020

Mar 29, 2019 at 18:34 | Tim Daiss

Iran can’t seem to get a break, at least as far as the U.S. is concerned. Yesterday, Sigal Mandelker, undersecretary of the Treasury for Terrorism and Financial Intelligence, told…

Trump Weighs In On Controversial Occupied Territory

Mar 26, 2019 at 15:09 | Tim Daiss

Developments are unfolding that continue to put the U.S. at odds with much of the Arab world, including Saudi Arabia. On Monday, Trump recognized Israel’s 1981 annexation of the Golan…

U.S. ‘’Oil Weapon’’ Could Change Geopolitics Forever

Mar 20, 2019 at 17:57 | Tim Daiss

In a dynamic that shows just how far U.S. oil production has come in recent years, the U.S. Energy Information Administration (EIA) said on Monday that in the last…

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