Tag "oil production"
The Week Ahead
Brexit moves forward. Senate considers cabinet appointments. IEA indicates whether OPEC production cuts will be successful. All in The Week Ahead.
The Week Ahead
OPEC meets with non-OPEC producers. UK Court reviews May appeal. ECB to extend bond buying. Trump mulls candidate for Sec. of State. Ghana elects new president.
3 reasons why an OPEC production cap is still unlikely
Despite a recent announcement that OPEC will meet in September, a number of factors mean that any deal to cap production is still extremely unlikely.
Nigeria’s economy is crumbling under the burden of corruption and low oil prices
Low oil prices and rampant corruption severely affect Nigeria’s economy and threaten to disturb a fragile balance between the country’s ethnic and religious communities.
The end of OPEC as we know it?
U.S shale, the global oil glut, and Riyadh’s move to diversify away from oil, all sound the death knell for OPEC as we know it.
3 reasons why Saudi Arabia will keep oil prices low
Despite a tentative agreement struck last week to freeze oil production, Saudi Arabia is likely to keep oil prices low for the foreseeable future. Last week Saudi Arabia, Venezuela, Qatar,
Who is funding ISIS?
While Al-Qaeda-like groups are relying on donations and convincing Muslim opinion worldwide, the Islamic State of Iraq and the Levant (ISIS) is exploiting both the local population and resources on
Iran’s return to oil markets puts additional pressure on oil prices
The end of sanctions is a lifesaver for Iran’s economy, but oil producers will have to bear the additional brunt as new barrels flood the already oil-saturated markets. After seven
Algeria feels squeezed by falling energy prices
With an economy heavily dependent on oil, Algeria has launched a series of measures to secure falling revenues. Within OPEC, Algeria, perhaps more than other of its oil-producing members, is
Andean investors wary due to lack of standards
Across the Andean region, foreign companies interested in natural resource extraction are clashing with indigenous communities. The main problem is inadequate government legislation concerning appropriate consultation processes; which, in turn,