A flurry of intensifying risks could trigger an energy market ".crunch". over the coming months.
Read More »OPEC Not a Cartel. Doesn`t Fix Oil Prices
OPEC and Russia have been cutting production together to support prices since 2017.
Read More »Chinese Economy Slowdown to Depress Global Oil Demand
Downside risks include a slowdown in global economy which would dent global crude demand.
Read More »Saudi Arabia Needs Oil at $80-$85 a Barrel to Balance Budget
Riyadh projects that its budget deficit will decrease this year to 131 billion riyals.
Read More »Shell. Eni. Exxon Mobil. BP Win Concessions in Egypt`s Energy Exploration Tender
The tender was the largest in its history Exxon participated in an exploration project in Egypt.
Read More »Sechin Wants Russia to Quit OPEC Deal
Russia first joined forces with OPEC to exert more control over international oil prices in late 2016.
Read More »Oil Prices Rise on OPEC Output Cuts. as U.S. Sanctions Bite
Growing U.S. supply and a potential economic slowdown this year could cap oil markets.
Read More »The Weakness of EV Makers
Despite the high costs. the sale of electric vehicles is set to grow over the coming years.
Read More »Gazprombank Rejects Report on Venezuelan PDVSA New Accounts
On February 4. most European Union member-states recognized Guaido as Venezuela’s interim president.
Read More »Europe`s Gas Dilemma: Buying from Russia or other Competitors?
Russia has held a decades old gas supply monopoly. dating back to the end of World War II. in Europe.
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