Some are now asserting that China emerged victorious at expense of major global crude oil producers.
Syed Rashid Husain
More than 100,000 oil and gas jobs have already been lost in the United States.
Oil markets have surged. Demand is up. Supply has tightened. Around the same time last month, it was a blood bath.
THE global energy chess board continues to spring surprises. Saudi Arabia, the defacto leader of the Organisation of the
Things are beginning to open, slowly but surely.
Is another crude price rout around the corner?
There are signs that the stunningly low prices are here to stay as supply dwarfs consumption.
The overall crude oil spectre continues to be bleak, despite the unprecedented cut.
With demand and supply shock acting simultaneously, crude oil markets are literally imploding.
The outbreak of a price war between Russia and Saudi Arabia has only worsened the scenario.
TURMOIL is gripping the oil markets. Panic has taken over. Prices are tanking. Coronavirus is hitting hard. Demand...
WITH ‘crude’ endeavours to control, direct and distort the fundamentals in disarray, and the invisible hand...
Crude markets are faced with a real battering. Prices are in freefall. By Friday evening, the U.S. West Texas...
‘The House is on Fire!’, so said the Saudi oil minister Prince Abdulaziz bin Salman when asked about the impact...
The geopolitical landscape is undergoing a massive change.
IT has been a fast and furious few weeks. Last Monday, the price for US crude WTI dipped below $50 a barrel for the...
Oil prices are mainly driven by demand and supply fundamentals, and with ample supplies, fundamentals are weak.
“Global oil markets will remain well supplied this year, with a possible overhang of some 1 million bpd.”
IRAN had little option but to retaliate. So it did, targeting the US bases in Iraq. Yet, the reaction was...
ENERGY markets are on tenterhooks as the overall picture gets murkier. Geopolitics is back in the saddle.