Tagged With Opec
Sub-$30 Brent looming on Opec+ tension
9 March 2020
Wide differences in strategy, breakeven prices and national finances all contributed to failure to agree production cuts in face of US shale competition and sagging demand
IEA condemns ‘Russian roulette in oil markets’
9 March 2020
Global oil market turmoil caused by a supply war between Saudi Arabia and Russia threatens political stability—just as the world should be coming together to combat Covid-19. So says the IEA, as it launches forecasts for annual growth to 2025.
Opec+ deal failure sends oil spiraling
9 March 2020
Brent price falls from $45/bl to $25/bl in early trade, before partial recovery to $36/bl at 10am, as production surge threatened amid weak demand
Opec+ talks failure highlights virus uncertainty
6 March 2020
Uncertainties over the economic fallout of the coronavirus epidemic a harbinger of more short-term volatility
Oil and Covid-19 part two: Challenge for Opec
5 March 2020
The cartel may need to take significant action to help balance the oil market, particularly as the potential for a worldwide pandemic remains
Kuwait bows to local and global realities
20 February 2020
Domestic politics and international demand fears dictate downward revision of production targets
Russian oil hits another peak
16 January 2020
The country’s 2019 production reached a further post-Soviet high, marking another year Moscow fell short of cuts promised to its Opec partners
Oil demand to rebound in 2020
3 January 2020
Macroeconomic factors promise to boost oil requirements and bolster prices, which may see the market spring a surprise
2020s oil price: beware black swans
5 December 2019
Oil analytics firm OilX sees a gradual evolution of the 2020s market balance, although with both energy transition in demand and Opec renaissance in supply signalling downside
Opec down but not out
22 November 2019
A new history of Opec says the organisation is being undermined in part by the ambitions of national oil companies
Oil and trouble in the Gulf
24 October 2019
Gulf producers learn that regional instability no longer guarantees high oil prices
Opec confronts security and investment challenges
11 October 2019
The organisation’s secretary general has concerns on vulnerability of infrastructure and ESG investment agenda
Saudi Arabian crude inventories sink to historic low
20 June 2019
Riyadh’s production cuts to support the oil price have caused domestic stocks to plummet
Opec: kicking back against transparency?
10 May 2019
As new technologies trump its modest initiatives, Opec may see value in telling the market less, and less predictably
Russia weighs up future of Opec+
9 May 2019
New developments may get priority over production cuts
Opec+ stress test as oil price lifts off
9 May 2019
Cartel heavyweight Saudi Arabia draws heat from White House and Russia
Energy transition fears drive short-term focus
23 April 2019
The world will still need oil and gas for the foreseeable future. But concerns over how much and for how long are stifling investment
Conventional oil and gas investment remains key
5 February 2019
Growing conventional hydrocarbon production should still be a priority as the energy transition takes shape
Opec's 2019 dilemma
1 February 2019
The cartel faces unprecedented challenges, amid sceptism that output cuts will avert a global supply glut
Brownfield sites curb Russian growth
1 February 2019
Producers profit from post-devaluation oil prices—but oil fields are depleting
Changing fortunes for Iraq in 2019
31 January 2019
A new federal government has a powerful engine in terms of rising crude output and export capacity, but also faces huge domestic difficulties
Iran's upstream sector battens down for survival
14 December 2018
Sanctions scrape the remaining shine off tarnishing sector
Middle East tensions rumbled on in 2018
13 December 2018
Oil prices recovered, but old conflicts remained unresolved
The rise and fall of oil prices in 2018
12 December 2018
Prices rose, Trump hollered, supply signals were mixed, Iran was hit by sanctions and then prices fell back
Qatar’s Opec exit a sign of rising intra-Gulf tensions
5 December 2018
The Gulf state’s departure will not damage Opec’s operations, but will cement intra-Gulf divisions
Is the oil market facing a supply crunch?
8 October 2018
Market forces, Trump's tweets and the latest Opec+ agreement have helped shape global supply in recent months