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OPEC+’s massive supply cut is a clear win for Russia

The Organization of Petroleum Exporting Counties (OPEC) and its Russia-led allies of oil-producing nations struck a major blow against the West's sanctions against Moscow...

Gazing into the Energy Crystal Ball for 2022

The Covid pandemic and geopolitical issues are likely to be key issues for the energy prices in 2022.“What we have to have when we’re...

The last party in the oil market

The Organization of the Petroleum Exporting Countries (OPEC) and other major crude producers led by Russia, a group so-called OPEC+, agreed on June 1...

Crude oil price rally may face supply side pressure in early 2021

Oil traders are optimistic the start of the deployment of vaccines means that an end to the worst economic ravages of the COVID-19 pandemic...

Oil reflux: OPEC+ pumps up volume after COVID-19 cutback

The Organization of the Petroleum Exporting Countries (OPEC) and its oil producing allies led by Russia, a group known as OPEC+, reportedly agreed on...

Russia, Saudi Arabia scrap opens oil pipes, floods market

While Moscow is in a much better financial position today than Saudi Arabia, or Russia’s position in 2014, Russia stands to lose a lot...

Playing Russian roulette with the US shale oil industry

The rapid growth of the US shale industry seems to be at the heart of the Saudi-Russia crude oil price war. Already weak from...

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