OPEC-Shale Price War
Past OPEC+ deals have been long on hype and short on substance, and this one is unlikely to be any different.
Minsk has tried to carve out a more independent niche since the Ukraine crisis, but its room for maneuver remains severely constrained.
China’s coronavirus outbreak couldn’t have come at a worse time for oversupplied oil and natural gas markets.
Oil traders are bullish in the shadow of pending Iran sanctions, with some projections suggesting a return of $100-per-barrel prices.
In Vienna, OPEC+ displayed its greatest strength… and its greatest weakness.
Another attempt at Taliban talks in Afghanistan, Venezuela’s oil industry struggles to fulfil its contracts, and Turkey secures a YPG pullout from Manbij.
Will the energy market of 2018 take its cues from the bearish 2016, or the bullish 2017?
The OPEC-Russia deal seems to be having its intended effect, but how long will it last?
Supply and demand – not geopolitical factors – will move oil prices through 2017.
Frantic negotiations in the lead-up to OPEC’s next meeting, a key vote for the European Union in Italy, and a major development in the Syrian civil war.