One of America’s most popular…
Oil prices have finally broken…
With oil prices under pressure…
Brace yourself for a post-waivers era of total Iranian sanctions – this is the key message that the Trump Administration wants to convey to the global oil and gas community.…
The construction of Nord Stream 2 is nearing its logical conclusion – a grand standoff, in the first move of which the Council of the European Union adopted the amended…
The price jump evidenced during the last weeks was blasted through the ceiling with the White House announcing it does not intend to renew waivers to buyers of Iranian crude.…
Washington’s announcement that it will not extend its sanctions waivers for key importers of Iranian oil - China, India, Turkey, Japan and South Korea - raises the geopolitical stakes in…
Sources - OP boots on the ground in Libya - Western diplomat in Algeria Billionaires Fall in Algeria: Here’s Why Sonatrach Is Less Worried Than Others Algeria’s clientelist patronage system…
The White House sent a bullish jolt into oil markets this week with a surprise decision to eliminate their waiver program for key buyers of Iranian crude. To review, the…
For the first time this year, global benchmark Brent hit a record of $72 per barrel on Wednesday, palpably reinvigorating crude market sentiment around the globe. Even though China’s Q1…
Brent crude moved over $70/barrel in the first half of April, despite a weak global economy. In its latest World Economic Outlook, the IMF reduced both its estimate of global…
The last two weeks have seen quite a flurry of news about Russia taking its Arctic projects to the next level, tapping into the “colossal” reserves of this still somewhat…
Geopolitical Notebook Oilprice Assets on the Ground in Tripoli… Haftar’s Problem With Libya’s Oil Revenues This week, Oilprice.com was on the ground in Tripoli, reporting from the Ain Zara District,…
Last week’s note had a geopolitical focus as we laid out why we think Donald Trump will have an outsized impact on oil prices this Spring. Our theory here is…
Carbon Capture and Storage (CCS) has so far been more notable for its failures than its successes. In North America, only two commercial-scale post-combustion projects have been completed, both retrofitted…
The first quarter of 2019 was lovely for oil bulls as Brent increased 27% while WTI climbed 33%. With Brent now trading near the $69 mark and WTI above $60,…
Sources - Aramco insider (current high-level Aramco staff)- Former Aramco executive- Turkish investigative journalists in Ankara and Istanbul Every Reason to Be Alarmed About Aramco Inside the corridors…
The heavy-light imbalance in the global crude market continues to rock tenets that were previously thought immutable. Behind most of the disequilibrium one finds the United States – in the…
The hydrogen economy might be on its way, but it won’t be arriving any time soon, not until after 2030 at least. If and when it does make an appearance,…
Things are getting interesting again on the crude market, with Donald Trump relaunching his Twitter attacks on OPEC, albeit in much more diplomatic wording now, amid US-China trade talk prospects…
Oil markets are enjoying a modestly bullish March on the back of coordinated OPEC+ production cuts and unplanned production outages in Venezuela. Peripheral bullish narratives have included dovish central bank…
Sources- Turkish Treasury Ministry official- Turkish Interior Ministry official- American intelligence contractor based in London- British former diplomat in Saudi Arabia ISIS may be on the…
For an ordinary layman Chad might not come across as an important oil producer. Landlocked, susceptible to political infighting and one of the poorest nations on earth, Chad’s oil sector…