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US’ European allies. including England and Germany. have forcefully defended the Iran deal.
Read More »Trump’s Shifting Argument Against the Iran Deal
Is This the Geopolitical Shift of the Century?
The geopolitical reality in the Middle East is changing dramatically.
Read More »Why Russia Is Playing All Sides in The Middle East
Russia’s rise came as U.S. policy makers grew preoccupied with Asia. and the American public tired of Middle East wars – something both Obama and Trump acknowledged.
Read More »IEA Head Sees Oil Prices Subdued On Non-OPEC Supply Growth
The production growth from non-OPEC countries is still there so I do not expect a price rise in the near future.
Read More »Drillers Decline Trump’s Marine Sanctuary Offer
Last week. Exxon won the rights to develop 10 offshore blocks in Brazil.
Read More »India Receives First-Ever Shipment of US Crude Oil at Paradip Port
Indian companies. both public and private. have invested about $5 billion in US shale assets.
Read More »US Sanctions Against Iran Would See Grudging International Compliance
If a new deal never materializes. the Trump administration or Congress could reimpose Iranian sanctions immediately.
Read More »Shale Drillers to Lose at Sub-$50 Oil
Over the first eight months of the year. WTI averaged US$49.34 a barrel. while the Henry Hub price per MMBtu of natural gas was US$3.
Read More »Shale Drillers. Oil Sands Producers Need Crude Above $50 bbl for Boom to Last
Producers in the U.S. and Canada have made dramatic efforts to cut costs since the collapse of oil prices three years ago.
Read More »Permian Still Holds 60-70 Billion Barrels
The world’s top shale play. the Permian. has shown remarkable resilience amid the lower-for-longer oil prices.
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