The future price of crude oil still uncertain
International Energy Agency (IEA) is warning of higher oil prices in the second half of the year, but …
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Author: Rashid Husain Syed
OPEC+ decision to cut output sends a political message to Washington
Riyadh is no longer willing to toe Washington’s line and its interests now reign supreme
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Russian efforts to reroute its oil away from Europe succeeding
But Russia concedes oil and gas production is expected to decline in 2023
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Replenishing U.S. Strategic Petroleum Reserves could take years
Purchases deferred as offers received were either too expensive or didn’t meet the required specifications
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China–brokered deal between Iran and Saudi Arabia catches world by surprise
A new crude oil bloc seems to be taking shape, apparently at the cost to the U.S. and the West
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