Elon Musk once called Tesla’s $2.6 billion acquisition of debt-burdened SolarCity blindingly obvious. Three years later. it’s anything but.
Read More »Oil Markets Wary of Impending Non-OPEC Supply Glut
It is always hard to predict the future and a lot will depend on how the global economy will perform.
Read More »Iran No Threat to World Energy Security
Iranian Oil Minister Bijan Zangeneh said Falih is a technocrat and a respectable person and does not often speak politically. and he must have probably been asked to say such political things.
Read More »OPEC Design to Grasp Market Share from Shale
It looks like the cartel aims for higher oil prices now and will think of regaining market share later.
Read More »The Sliding Market Share of OPEC
OPEC nations are bearing the burden of the market-share loss unevenly.
Read More »Oilfield Service Firms Starting to Lift Prices
After several years in the doldrums. oilfield service companies are beginning to raise prices for their products and services. according to Rystad Energy.
Read More »Apple Lost Sales in Europe to Chinese Firms Ahead of US Huawei Crackdown
A recent report from the International Data Corporation (IDC) indicated a major shift in the smartphone market in Europe. which has seen drastic growth in the Chinese company’s sales over the course of the last year.
Read More »Goldman Sees Hard Path to OPEC Extension for Russia. Saudis
Stockpiles are currently at the highest level since mid-2017. according to Energy Information Administration data.
Read More »The Bearish Threat Within OPEC
After a prolonged oil price plunge. pushing price levels down to around $59 Brent per barrel. signs are showing that the market believes the downward trend has overshot its target.
Read More »OPEC Close to Agreeing Oil Pact Extension
OPEC was close to agreeing to extend a pact on cutting oil supplies beyond June.
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