Russia and Saudi Arabia to discuss over oil cuts
Russia and Saudi Arabia have a common position on the future of the oil output cut deal, Russian Energy Minister Alexander Novak said on Thursday, while Russia’s Lukoil said the […]
Russia and Saudi Arabia have a common position on the future of the oil output cut deal, Russian Energy Minister Alexander Novak said on Thursday, while Russia’s Lukoil said the […]
Oil market participants and analysts have been focused on the front-month oil futures prices that rallied to levels last seen in November 2014, with Brent Crude breaking above $80 a […]
The rising price of oil is likely to bring about the demise of numerous low cost airlines with tight profit margins, Michael O’Leary, the chief executive of Irish budget airline […]
Iran’s foreign minister has said the European Union must increase its investments in Iran for an endangered nuclear deal to be preserved following the US’ withdrawal from the multinational pact […]
Total started the South Pars 11 project in July 2017, two years after Western powers signed a nuclear deal with Tehran prompting the return of many businesses to Iran. But […]
Global oil supplies could be hit by the decision by the US to pull out of the Iran nuclear deal, and also by falling production in crisis-hit Venezuela, the IEA […]
Oil markets absorbed US President Donald Trump’s decision to withdraw the US from the Iran deal without a huge shock last week. Brent crude jumped from around $74 to $77 […]
Recent geopolitical developments have led to a rise in the oil price with WTI recently breaching the $70 mark. Two years ago this Newsletter predicted that oil prices would stay […]