Tag "Oil Price"
Is a new civil war looming over Algeria?
The bleak economic situation of Algeria increases the country’s political risk outlook in the coming years
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.
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.
2016 is the year of cheap renewables, not oil
While much attention is devoted to the fall of oil prices, 2016 has seen a significant expansion in the development of renewable energies
The grip of OPEC “oiligopolists” weakens as Saudi strategy shifts
Oil is moving into a new paradigm, in which markets decide the price. U.S. shale production and Saudi Arabia’s Vision 2030 add new market dynamics.
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.
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
For Nigeria and Angola, the prospect of international loans offers a mixed blessing
With Nigeria and Angola seeking international loans to help ease their oil pain, investors are hoping that any loans will lead to a revision of their worrisome economic policies. With
Lifting of Iran’s sanctions: a turning point for the region
After watchdogs confirmed that Iran has complied with the deal signed with the US in July 2014, sanctions were lifted last week. Implementation day represents a turning point for Iran’s
Weekly Risk Outlook
ECB speech after signals of new stimulus. Iranian President travels to Europe. Bank of England officials testify. Conferences highlight oil price collapse. Bank of Japan surprise with policy shift. All in the Weekly Risk