Rashid Husain Syed - Calgary's Business

Middle East oil exporters facing tough economic times

Posted by Rashid Husain Syed | Jul 27, 2020

Despite the recent unprecedented output cuts by oil-producing countries, crude continues to trade around $40 a barrel

Posted by Rashid Husain Syed | Jul 20, 2020

Iran, Venezuela and Libya have virtually been forced out of production. But that hasn’t made the lives of other producers easier

Posted by Rashid Husain Syed | Jul 13, 2020

Despite some rosy forecasts, most European oil giants are slashing their oil price forecasts

Posted by Rashid Husain Syed | Jul 6, 2020

The Chinese have stockpiled huge reserves of low-priced oil, giving them significant geopolitical leverage over Russia and Saudi Arabia

Posted by Rashid Husain Syed | Jun 29, 2020

The long-term view is frightening. With long gestation periods, new oil and gas projects may not get online when needed