Posts From Ante Batovic
Bahrain’s oil find a stroke of luck, but the benefits may have to wait
Bahrain’s discovery of large unconventional oil reserves may help its financial and political stability, but the benefits may have to wait given the find’s complexity and technological requirements.
US shale industry is painfully adapting to low oil prices
Low oil prices wrecked havoc with US shale producers, but increasingly the industry appears to be adapting successfully to new market conditions.
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.
Doha meeting reveals Opec’s inability to control global oil prices
The recent Doha meeting of major oil producers failed to agree oil output freeze deal and confirmed the existence of deep disagreements within Opec.
Russia and China continue to forge energy ties
The Russian pivot to Asia continues with a $2.2. billion deal between energy giant Gazprom and the Chinese National Bank. The loan will help the Russian natural gas monopolist to
Saudi-Russian deal not a quick fix for the oil crisis
The recent deal struck between Russia, Saudi Arabia, Qatar and Venezuela to prop up oil prices by freezing production levels at January levels might have a psychological effect on oil
Presenting the five oil exporters most affected by currency devaluation
Devaluation is the word of the day in oil exporting countries. Whether it is the Nigerian naira, the Venezuelan bolívar, or the Russian rouble, low oil prices are wreaking havoc
US LNG reaches out to global markets
With the first LNG export terminal in Sabina Pass, Louisiana now in operation, the US LNG export is becoming a reality, but low oil prices are constraining its future prospects.
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
