Tag "OPEC"
In Saudi Arabia, new king Salman seeks stability
The formal succession of power in Saudi Arabia brings former Crown Prince Salman to the throne of the Arab world’s largest economy. When news broke of the death of King
Oil outlook for 2015
“Best two days in 3 years,” read a headline closing the final week before Christmas, an early gift for US equity traders – tonic enough for most to wash down the
Shale oil boom uncertain in wake of falling oil prices
No state in the US has benefitted more from the shale oil boom than North Dakota. Just as quickly as the transformation came, it could disappear with low oil prices.
Top 5 political risks in 2015
From Russian recession and falling oil prices to emerging market reform and divided responses to Islamic State, five areas will define political risk in 2015. One year ago today, the
OPEC ‘no-cut’ decision adds to Middle East divide
OPEC’s recent decision to not to cut oil production and instead maintain low prices is having a ripple effect across the Middle East. While countries with rich oil reserves are
Latin America’s oil winners and losers
The recent fall in international oil prices will provide oil-importing countries in Latin America with an economic bonus, while oil exporters will suffer, both economically and politically. The chances of
6 reasons 2015 will be defined by market volatility
Markets spent most of 2014 calmly moving up, but 2015 may be a different story. Outside of a brief surge in volatility in October, markets were complacent throughout 2014. Even
Hard policy choices ahead for the Central Bank of Nigeria
With a sliding currency, the Central Bank of Nigeria is faced with a difficult policy choice. Its efforts to stabilise the naira and tame inflationary pressures are likely to be
New energy bill creates uncertainty for investors in Nigeria
Nigeria tries to develop its stagnating oil reserves by attracting foreign investment through a new Petroleum Industry Bill. But the bill seems more likely to create greater political risk and scare