OPEC-Shale Price War
Weak oil demand is projected to persist through the first half of 2021, compounding divisions within the OPEC+ cartel.
COVID-19 price pressures have savaged the fiscal health of oil producing states. Which ones will be hurting the most in 2021?
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?