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Can Saudi Arabia Prevent The Next Oil Shock?

Can Saudi Arabia Prevent The Next Oil Shock?

Oil markets reacted in a…

The OPEC Agreement Puts A Floor Under Oil Prices

The OPEC Agreement Puts A Floor Under Oil Prices

OPEC’s agreement to raise production…

Geopolitics / International

Global Energy Advisory January 5, 2018

Global Energy Advisory January 5, 2018

Jan 05, 2018 at 14:06 | Editorial Dept

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…

Can Blockchain Bring An End To Corruption?

Can Blockchain Bring An End To Corruption?

Jan 03, 2018 at 14:29 | Viktor Katona

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…

Iranian Crisis Could Send Oil To $100

Iranian Crisis Could Send Oil To $100

Jan 02, 2018 at 14:42 | Nick Cunningham

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…

Russia’s Grip On European Gas Markets Is Tightening

Russia’s Grip On European Gas Markets Is Tightening

Dec 29, 2017 at 14:21 | Nick Cunningham

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…

Higher Oil Prices Slow China’s Crude Stockpiling

Higher Oil Prices Slow China’s Crude Stockpiling

Dec 29, 2017 at 14:12 | Tsvetana Paraskova

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 And Uzbekistan Sign Nuclear Energy Deal

Russia And Uzbekistan Sign Nuclear Energy Deal

Dec 29, 2017 at 14:02 | RFE/RL staff

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 Seizes Hong Kong Oil Tanker

South Korea Seizes Hong Kong Oil Tanker

Dec 29, 2017 at 11:07 | Tsvetana Paraskova

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…

Venezuela Backs Its New Cryptocurrency With 5 Billion Barrels Of Crude

Venezuela Backs Its New Cryptocurrency With 5 Billion Barrels Of Crude

Dec 28, 2017 at 10:38 | ZeroHedge

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…

Fuel Crisis Intensifies In Nigeria

Fuel Crisis Intensifies In Nigeria

Dec 28, 2017 at 09:15 | Williams Ekanem

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…

Chinese Ships Caught Illegally Selling Oil To North Korea

Chinese Ships Caught Illegally Selling Oil To North Korea

Dec 27, 2017 at 10:38 | ZeroHedge

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…

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