Oil

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.

details

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...

details

Press statement: Prepaid Oil Sell is a Constitutional Violation in Iraq

2020-12-15

The parliamentary committee of Oil and |Power confirmed that selling oil in an advanced payment is a violation to...

details

Al-Basra... the richest Iraq’s city and the poorest one

2020-11-19

Iraqi High Commission for Human Rights reported on Thursday an increase in poverty rate in Al-Basra governorate...

details

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.

details

Saudi Arabia Isn’t Just Raising Taxes

2020-06-13

For autocratic regimes, increasing taxes could put their survival at risk.

details

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...

details

Will Crashing Oil Prices Put American Energy in Its Coffin?

2020-04-26

The fundamental reason is that the coronavirus pandemic has suddenly reduced demand by around 30 percent because we are not driving cars, not going to work, not manufacturing things in most factories, here and in much of the world.

details

Two ways to save Iraq from financial crisis

2020-04-26

The Iraqi government should rationalize its expenditures

details

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.

details

How Will the Coronavirus Crisis Affect Your Middle Eastern Focus Area in the Coming Months?

2020-04-07

A regular survey of experts on matters relating to Middle Eastern and North African politics and security.

details

Don’t Count Out U.S. Oil Production as a Market-Shaper

2020-03-22

Total U.S. production from all sources will remain the worlds largest no matter how low prices go, leaving Washington (and Texas) with considerable room to help domestic companies and press Riyadh and Moscow on stabilizing prices.

details

Russia and Saudis in a Knife Fight Over Oil—But We May Be the Victims

2020-03-14

A train wreck is about to occur in the oil market, and there will be casualties. Russia and Saudi Arabia, which previously had cooperated in making the world market well-supplied, no longer can agree on how to share the benefits.

details

Making Sense of the Saudi Rumors: A Guide to Royal Family Politics

2020-03-12

Reports of royal arrests, a possible coup plot, and a brewing oil price war suggest that the kingdom is facing another period of considerable political tension.

details

The US no longer matters in Syria

2019-11-03

Fundamentally, the ceasefire, assumes the U.S. still matters in Syria. It does not.

details

Putin in the Gulf: Working with the Saudis on arms, oil and Syria

2019-10-16

Moscow and Riyadh agreed to disagree but it does not exclude their cooperation in areas of mutual interest

details

Iraq, China launch oil for reconstruction agreement

2019-10-14

Baghdad has forged a 20-year deal to supply Beijing with oil in exchange for Chinese investments in projects to repair Iraqs war-damaged infrastructure.

details

The Real Reason Trump Won’t Attack Iran

2019-09-19

Starting a war to protect oil markets will only backfire.

details

Trump Team Debates Response to Strikes on Saudi Oil

2019-09-18

Pentagon is cautious as Riyadh requests additional U.S. forces.

details

Amid Global Economic Uncertainty, What Do You Anticipate Will Be the Trend in Oil Prices in the Coming Year?

2019-09-15

A regular survey of experts on matters relating to Middle Eastern and North African politics and security.

details

The Anatomy of the Coming Recession

2019-08-25

Unlike the 2008 global financial crisis, which was mostly a large negative aggregate demand shock, the next recession is likely to be caused by permanent negative supply shocks

details

Iraq plans to launch pipelines to export oil through Jordan, Syria

2019-07-22

Iraq plans to diversify its oil exports via new pipelines through Jordan and Syria

details