Expert Brief: Iran, the Middle East and Strategies around Oil
The Middle East has demanded Washington’s attention on an almost weekly basis since President Biden took office in January. Since then, the White House has […] More
Posts Tagged ‘OPEC’
Where are Ripples from the Oil War Heading?
Global markets responded on Monday to fears of a second-wave of coronavirus infections and one of the industries feeling the pressure is the gas and […] More
Saudi Missteps Destabilize Global Oil Market
Bottom Line Up Front The April agreement among major oil producers to reduce global oil production has failed to stabilize world oil prices. Market […] More
Oil Price War Clouds COVID-19 Response
Bottom Line Up Front A Saudi effort to regain dominance over world oil production is weakening regional economic powers at a time of crisis […] More
Qatar Exits OPEC
Bottom Line Up Front Qatar’s withdrawal from the Organization of Petroleum Exporting Countries (OPEC) is strongly correlated to Doha’s ongoing rift with the cartel’s […] More
Mapping Out OPEC’s Latest Moves
The OPEC conference in Vienna ended on June 22 with a Saudi-engineered defeat of Iran’s efforts to oppose any production hike. Masked in vague language, […] More
OPEC Is Back in the Driver's Seat — For Now
Saudi Arabia’s decision at the informal gathering of OPEC countries in Algeria on September 28th to reverse course and agree to participate in a production […] More
Corralling the Cartel: OPEC and Oil Prices
Since oil prices plummeted in the last quarter of 2014, oil-producing countries have struggled to adapt to the new low-price environment. From reforms to slashed […] More
Saudi Arabia and Iran Trade Politics for Oil
The Organization of Petroleum Exporting Countries (OPEC) came to a surprise agreement at informal talks this September to reduce global oil production by between 200,000 […] More
The Importance of OPEC's September Agreement
OPEC members have finally reached an agreement to curb the global oil supply by cutting their overall production from 33.75 million barrels per day (mb/d) […] More