Citigroup Says 42% of Clients Have No Energy Transition Plan
Osama Rizvi is an Economic and Energy Analyst with a special focus on commodities, macroeconomy, geopolitics, and climate change. He has written for various print and digital media outlets across the world such as The Diplomat Magazine and Oilprice. He is a regular panelist at Asharq with Bloomberg, TRT World, and other media news outlets where he talks about energy and the economy. His analysis focus on the bigger picture where he tries to highlight the economic, political, and geopolitical dimensions of certain issues.
Despite the November, 2016 Vienna crude oil agreement among OPEC and certain non-OPEC (NOPEC) producers and its subsequent May 2017 extension, the global crude oil market…
Rising production from both U.S. shale and Libya has been playing havoc with oil prices of-late. The possibility of a strong Summer Driving Season, which…
Amidst the din of analysts speculating about whether oil prices will rise or fall, observers may well be overlooking some pressing questions about the very…
Uncertainty is dominating today’s oil markets, with production cuts, ballooning inventories and a rising rig count all adding to oil price volatility. And as the…
The EIA reported a crude build of 8.2 million last week, the 9th consecutive weekly inventory rise, with oil prices later plunging 5.3 percent. The…
To the surprise of many, the OPEC and NOPEC deal is not only holding but overperforming. The compliance rate stands at 91 percent, with the…
Since the Vienna oil deal (30th December) oil prices have been in a game of tug-of-war. On one side is the optimistic viewpoint in the…
During the past year the economies of oil producing countries have been dealt a fatal blow. Saudi Arabia suffers from various structural challenges to its…
For every one dollar reduction in the price of oil, Russia suffers a staggering two billion dollar loss in its revenue. On top of the…
As an apparent wave of populism sweeps through the world, Theresa May prepares to trigger Article 50, and fears of a trade war between China and…
With Donald Trump set to enter the White House and OPEC having agreed to production cuts, analysts are focused on how the global oil industry…
With the deal now done, we seem to be witnessing history in the making. But remember: history always repeats itself. When two agreements were signed…
While the November OPEC deal sent crude sailing above $50, oil markets are expected to face some strong headwinds going forward. The Federal Open Market…
The outcome of the Vienna meeting came as a pleasant surprise to oil markets. A deal had been hammered out and, despite the resistance, OPEC…