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.
With their economic interests imperiled and domestic public opinion squarely behind them, EU leaders are looking into ways to save the Iran nuclear deal. However, good policy options will be few and far between, particularly for EU companies with high exposure to the US market.
Any rally that deviates from the laws of supply and demand is destined to be short-lived, and oil prices are no exception.
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?
Millions of people are taking to the streets to protest in Venezuela, but don’t expect the Maduro government to blink.
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.
Two of the world’s biggest energy heavyweights have agreed to help “support stability in the oil market,” but is it just more empty rhetoric?
Just as OPEC lost control over global oil production with increased production, technology, and innovation from the US in 2011, Saudi Arabia stands to lose its control over OPEC as Iran’s oil & gas industry opens up to foreign investment.