Tag Archives: Oil Price

Despite improved liquidity. funding costs will increase due to rising interest rates.

Kuwait wants to transform into a business hub that attracts investments.

IEA in the Oil 2018 envisaged that excess global refining capacity would grow. but Asian refiners need more crude.

Iran wants to see $60 a barrel to rein in shale producers. while Saudi Arabia’s budget needs $70.

U.S. shale production is going to continue growing strongly.

Saudi Arabia is undergoing a truly seismic shift in its economy. politics. and society. all thanks to the oil price crash of 2014.

For now. it does not seem likely that OPEC will emerge as a black swan to the oil market this year.

The Saudis are seeking a bridge price. to get you where you’re comfortable with deeper reform.

Oil companies have complained that the continued production cuts interfered with their growth plans.

The market is only expected to return to balance towards the end of this year.