It's not Moscow, but the new government in Rome that might be turning off the TAP and dooming the Trans-Adriatic Pipeline project.
In Vienna, OPEC+ displayed its greatest strength… and its greatest weakness.
Any rally that deviates from the laws of supply and demand is destined to be short-lived, and oil prices are no exception.
Recent stability in Venezuela is not real progress - it’s just the calm before the storm.
Mismanagement in Venezuela’s oil industry will only get worse as career officials are replaced en masse with military figures.
Is the Venezuelan government’s money tree withering at the root?
Moscow has thrown Venezuela a financial lifeline, but is it merely delaying the inevitable default?
The Venezuelan government appears to have scraped together enough money to make two large debt payments this week. But is it merely delaying the inevitable default?
The Maduro government is doing everything possible to deny the opposition a breakthrough in regional elections next week.
Supply and demand – not geopolitical factors – will move oil prices through 2017.