The OPEC-Russia deal seems to be having its intended effect, but how long will it last?
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.
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.
Creeping anarchy and a slumping energy-based economy indicate trouble ahead for Algeria.
This week we examine a potential cleavage developing within OPEC ahead of the cartel’s June 5th meeting.
Nigeria is in the grips of a massive fuel shortage that has ground its national economy to a halt.
In this series, Geopoliticalmonitor.com analyzes political fallout from the global plunge in oil prices. Part one focuses on Venezuela and Cuba.
With every crashing through of a symbolic threshold - $90, $80, $70, and now $60 – many are wondering: How low can the price of oil possibly go?
Global oil prices plummeted recently with OPEC’s declaration of a price war against shale producers. But just how much budgetary pain can oil-dependent countries like Russia, Iraq, and Iran take?
There’s a lot more going on behind the scenes at today’s OPEC meeting than one might think.