The UAE’s exit from OPEC marks the third member in seven years to leave the cartel. Given looming peak oil demand and OPEC’s dwindling share of global production: it won’t be the last.

Not only has US shale survived early attempts by OPEC+ to squeeze out its operations, but it’s now coming for longstanding OPEC+ markets.

Angola’s departure from OPEC+ is unlikely to move oil markets, but it certainly doesn’t bode well for the future cohesion of the cartel.

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.