Oil once again being used as a political tool
G7 agrees on devising a system that would only allow the sale of Russian oil at below-market prices
Read More
Author: Rashid Husain Syed
Iran nuclear deal a critical piece of oil market’s future
U.S. President Joe Biden desperately needs lower prices at American gas stations, especially in a mid-term election year
Read More
Crude oil prices dampening but market uncertainty remains
Weaker-than-expected demand growth means the oil market is likely to remain in surplus into early next year, say analysts
Read More
OPEC, IEA offer different projections on crude consumption
Two contrasting scenarios are emerging
Read More
Saudis turn their backs on Biden’s request for more oil
The prospects of a global economic slowdown are beginning to hit oil demand
Read More