Tag "OPEC"
Venezuela buckles up for oil price turbulence
Only just avoiding default in October, Venezuela now tries to get public budgets in order to keep investors on board. Yet, a major debt crisis is still the most likely
Cutting oil production will not solve OPEC’s problems
As oil prices continue to fall, OPEC faces a dilemma at its meeting in Vienna on 27 November. Members must decide between decreasing production that will support the oil prices but
Will US shale oil undermine its own success?
The US shale revolution has remarkably influenced global energy markets over the past five years. Can falling oil prices tarnish the extraordinary success of hydraulic fracturing in the US and
Three perspectives on falling oil prices
Russia, Saudi Arabia, and the US will feel the effects of oil prices in radically different ways. It would be logical to think that the emergence of ISIL would have
Part III of IV: Why Indonesia needs further energy subsidy reform
The Indonesian government has been hesitant to cut subsidies out of fear of public unrest and political backlash. As domestic energy demand continues its historic growth, however, the economic cost
Western energy companies to re-enter Iran’s oil and gas sector
The interim agreement on Iran’s nuclear programme with the international community began on January 20, and Iran has taken steps to attract foreign investments in its neglected oil and gas
Iran’s return prompts change to Saudi Arabia’s energy strategy
The Iranian nuclear deal poses a major threat to Saudi Arabia’s influence over both the GCC and OPEC, as Gulf nations reestablish relations with Iran. As a result, Saudi has
Five political risk factors affecting oil markets in 2014
Predicting oil trends was always a precarious job, and 2014 will not be any different in that regard. But the year ahead could bring developments with longer-term consequences for the
Tensions rise as OPEC countries look to increase production
OPEC’s internal tensions rise as producers like Iran, Iraq and Libya, after years of production below capacity, look to increase output. Still, those increases will not come online for some
Iran’s oil exports still restricted, but prices may drop
US and EU sanctions on Iranian oil exports will remain intact for the next 6 months, but the psychological impact of the Geneva deal might in fact lower oil prices.
