Syed Rashid Husain
The cartel seems unable to influence the crude markets much beyond a certain limit.
It would tarnish the image as reliable suppliers that the Persian Gulf states have carved over the past decades.
Saudi Arabia is convinced that the global crude demand is projected to go up.
While the Middle East war has left oil prices unchanged, the world’s transition to clean energy may be the game-changer.
Canadian varsities and legislatures still trying to balance their pro-Israel tilt with pro-Palestinian public sentiment.
Is the era of fossil fuels over or is the world transitioning away at a rate that is unsustainable and overly optimistic?
It seems that in a bid to paint a macho and muscular image of himself, India’s Narendra Modi may have triggered some landmines.
As the world shifts towards electric vehicles, global oil demand could drop, putting downward pressure on oil prices in the long.
The new Pak-Saudi joint venture refinery will be able to export an estimated 35pc-40pc of its output
Convergence of interest is bringing Iran and the US closer, which can help prevent the global crude oil markets from getting red hot.
They are already in the $80s, but also have the potential to go into the $90s and even touch the $100 per barrel mark
The oil market is torn between two conflicting plays of propping up prices or increasing market share
Oil is Pakistan’s import bill's largest contributor, and any softening of the market helps Islamabad maintain a better balance of payment scenario.
Saudi assessment of the market is proving to be correct — crude markets are not as tight as was projected by some.
Former PAMA chairman says we cannot benefit fully from plans like laptop scheme without technology transfer and local brand creation.
The higher costs of Russian oil import transport and refining may offset the price differential
The deal between Riyadh and Tehran and their alliance with Russia and China may result in higher oil import bills.
In the evolving scenario, Riyadh and its Gulf Arab allies see Beijing as an emerging military power and a potential ally.
While the players in this geopolitical game today continue to be the same as before, they are now aligned differently.
Despite not wanting to, Saudi Arabia is back in its role of the global swing producer.