OPEC

OPEC Will Boost Oil Output—But Don't Expect Lower Prices at the Pump

2021-07-24

Although more supplies will be coming to market, the economic impact of this decision will depend on issues of timing, royal rapprochement, and new COVID surges.

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Battle of the Barrels

2021-07-19

The public disagreement between the United Arab Emirates (UAE) and Saudi Arabia this week in the OPEC+ group has shaken international markets given the high stakes involved for a deal supporting...

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Iraq Oil Export Declined in June

2020-07-02

The daily Iraqi oil export has declined during June from 3.21 to 2.8 which was in the previous month according to the ministry of Oil statement on Wednesday.

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You May Pay More at the Pump, as OPEC+ Cuts Oil Production

2020-06-11

The intervention of President Trump, worried by the decimation of comparatively high cost U.S. shale oil production companies, forced President Putin and Saudi Crown Prince Mohammad bin Salman to back off...

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Will the OPEC Agreement Work and, If So, How Long Will It Last?

2020-04-16

The market appears to doubt that the deal will suffice, and royal family dynamics could push the oil crisis into further rounds.

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Main Factors That Influence Global Oil Price

2018-08-11

It is important for any investor to think about putting their money into oil to consider how the price of oil is affected

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