Tag "Saudi Arabia"
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
Falling oil prices hamstring Iran’s economy
The recent drop in oil prices has hurt an already struggling Iranian economy as international sanctions continue to cripple the country’s economic growth. Relief from these restrictive measures could revitalize the economy.
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
EDA: Egypt exposed to price shocks in subsidy overhaul
EXTERNAL DEPENDENCIES ANALYSIS: Egypt’s attempts to reform highly subsidized oil and grain markets reveal key trade vulnerabilities. Egypt’s dependency on imported oil and cereals (despite its own production) leaves it exposed
EDA: Sudan’s economy balances on Chinese investment
EXTERNAL DEPENDENCIES ANALYSIS: Sudan’s economy lies in the hands of its Chinese trading partners, who have invested billions of dollars in the East African nation’s oil industry. As the conflict in
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
How will Libya’s ongoing crisis affect MENA region?
Libya faces ongoing political threats including Islamist extremists, all the while it still lacks central control over its oil resources. The internal turmoil could have international implications. As international attention shifts to
ISIL in Iraq Series: What is in it for Iran?
ISIL’s recent territorial gains pose a significant threat to the security and stability of Iraq and its neighbors. For Iran, however, ISIL threatens to topple its most significant regional trading
