The Downside Risk Of Tomorrow’s OPEC+ Meeting

Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert. Oilprice.com’s premium newsletter provides everything from geopolitical analysis to trading analysis, all for less than a cup of coffee per week. Chart of the Week – After more … Read more

Exclusive: US weighs possible resumption of offensive arms sales to Saudis

WASHINGTON/RIYADH, July 11 (Reuters) – The Biden administration is discussing the possible lifting of its ban on US sales of offensive weapons to Saudi Arabia, but any final decision is expected to hinge on whether Riyadh makes progress toward ending the war in neighboring Yemen, according to four people familiar with the matter. Senior Saudi … Read more

Why India ramped up Russian oil imports, easing pressure on Moscow

India’s Russian oil imports since Ukraine war soar New Delhi feels it lost out when Iranian sanctions are imposed Wants to buy cheap oil, partly because China is doing the same Officials reassure state, private refiners on purchases US pressure fails to sway Modi, Russia remains key ally NEW DELHI, July 8 (Reuters) – Since … Read more

Oil Markets Could Face A Doomsday Scenario This Week

Global oil markets are going to be very volatile in the coming months if news emerging from OPEC’s main producers about production capacity constraints turns out to be true. OPEC will be meeting again in the coming days to discuss its export agreements, while today the oil group is presenting its Annual Statistical Bulletin (ASB) … Read more

Oil Supply Fears Mount As OPEC Underperforms

Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert. Oilprice.com’s premium newsletter provides everything from geopolitical analysis to trading analysis, all for less than a cup of coffee per week. Chart of the Week – As national … Read more