How does Russia view fracking? A few tidbits are appearing from time to time to show the real position of Russia on the issue of shale, which has already changed the history of the global oil industry. These hints indicate that Moscow views fracking with a great deal of suspicion, and is always asking itself what...
Questions about the future of the shale industry are endless. No sooner than a question is answered, another is raised. Normally, the introduction of any new technological innovation stirs markets and disturbs the usual patterns of investments. After a period of turmoil, things start to shape up around the new reality.
It is still too early to talk about considerable offshore discovery of hydrocarbon deposits in Lebanon’s Mediterranean waters. But if surrounding discoveries in Egypt, Israel, and Cyprus are a sign, it is expected that Lebanon will find natural gas in its maritime territories.
We know, more or less, where US oil production is going. At the end of the day, the United States would have made an important achievement if it produces as much as it consumes — an objective that is still quite far off. In other words,
Before the end of 2018, OPEC might end its production cut arrangement. Whatever decision the organization makes, the deal, and the high level of adherence by all members, will remain a unique lesson in the recent history of oil markets.
Shale oil is giving many countries, deprived of traditional oil resources, a hope to be energy self-sufficient. Pakistan, for example, has recently concluded exhaustive research in cooperation with
The first claims that Moscow will vigorously fight any attempt to end this monopoly, even if those who try to enter the European markets are friends and allies like Iran. The second says that Russia, instead, is trying to organize a “club” of suppliers to the European Union (EU), provided that it will sit on its head.
There is no question that 2018 will be better than the previous two years in terms of crude prices. During the long year of 2017, oil Futures saw a more than 11 percent improvement, starting their bull market march in September. The year’s gains were driven by output cuts by OPEC and Russia, along with geopolitical...
US President Donald Trump proved loyal to himself and his electorate base in his new tax legislation. As he is adamant to turn the United States into the world’s number one oil producer, Trump's bill is strongly in favor of fossil oil.
We have explained in a past issue the dynamics that lead to the formation of a new LNG power center composed of the US, the UK, the EU, and Australia.
Saudi Arabia’s crackdown on corruption immediately impacted oil prices. However, the impact was short-lived. As abruptly as it started, it ended.
Serbian President Aleksander Vucic described it well enough. In his speech at the presidential session at the 22nd World Petroleum Congress,
Iran seems to be actively working on a far reaching,multifaceted strategic plan to become the major natural gas exporter in the Middle East.
Will any new US sanctions on Iran impact Tehran’s oil industry and exports?
Will Oil Prices Pass the $60 Barrier, and How Soon? Anwar Altaqi – Esam Aziz There are contradicting views when it comes to oil prices. The first school of thought sees [...]
Saudi Arabia and the United States as Swing Producers: No Comparison Anwar Altaqi – Esam Aziz Two significant pieces of news hit the wires in the second week of October. Firstly, [...]
Kurdistan’s Referendum: How Will It Impact Global Oil? Anwar Altaqi – Esam Aziz Following last week’s historic referendum in Iraqi Kurdistan, oil prices increased for a short period of time, after [...]
China Tries to Shoot Two Birds with One Stone: Oil & The Dollar Anwar Altaqi – Esam Aziz China, almost unnoticeably, said at the beginning of this year that it intends to [...]
Chinese Ambitious Plans for Iran’s Expanding Oil Exports Anwar Altaqi – Esam Aziz China is planning to turn Iran into a main oil and gas hub on its One Belt-One Road [...]
Lessons Learned from Hurricane Harvey and What it Means for OPEC Anwar Altaqi – Esam Aziz Hurricane Harvey carries a lesson for major oil producers. The violent and destructive storm shows [...]
OPEC/Non- OPEC Meeting: Testing Some Face-Saving Mechanisms Anwar Altaqi – Esam Aziz Officially, the Abu Dhabi meeting between OPEC and non-OPEC producers is meant to achieve a better understanding of the [...]
The United States is Openly Moving Against OPEC Interests Anwar Altaqi – Esam Aziz Some experts have tried to convince us of a “fair game”: Buyers pressure prices down in order [...]
How a US-North Korea War Can Impact Global Oil Markets Anwar Altaqi – Esam Aziz Tensions between the United States and North Korea are mounting almost uncontrollably. The point of contention is [...]
Oil Majors Resist Tightening Russia–Iran Sanctions Anwar Altaqi – Esam Aziz The world's largest oil and gas companies are urging the US Congress to make changes to legislation expanding sanctions against [...]
Emerging Troika Will Control the Natural Gas Global Market Anwar Altaqi – Esam Aziz During the G20 Summit in Germany earlier this month, Russian President Vladimir Putin and Turkish President Recep [...]
U.S. Shale and the Role of Washington in “Operation Global LNG” Anwar Altaqi – Esam Aziz We have discussed, in this issue’s editorial, the emerging would-be dominant troika in the future [...]
Why We Do Not Share the Optimism of Some Experts on Oil Prices Anwar Altaqi – Esam Aziz Even the International Energy Agency (IEA) cannot predict the course of oil prices [...]
Belarus and the Future of the Russia-Iran Alliance Anwar Altaqi – Esam Aziz In another report in this issue, we analyze the connection between geopolitical changes and trends on the one [...]
Why is Today’s Energy Markets Indifferent to Geopolitics? Anwar Altaqi – Esam Aziz It is remarkable for those who followed the historical curve of oil prices during the last five decades [...]
The Impact of the Qatar Crisis on Oil Markets: Sanctions? Leaving OPEC? Anwar Altaqi – Esam Aziz A higher degree of illicit volatility in the global energy market appeared in the [...]
An Unusual Twist in Natural Gas Deals Taking Place Anwar Al Taqi – Esam Aziz For some reason, still unknown, short-term financial deals on natural gas slowed down remarkably over the [...]
With Rouhani’s Electoral Win, Iran’s Oil Sector is Off the Hook Anwar Al Taqi – Esam Aziz Few observers noted that in early May, a US oil company obtained the approval of [...]
OPEC’s Historic Impasse and the Impact of Extending the Cuts Deal Anwar Al Taqi – Esam Aziz As expected, OPEC extended its output cuts by an additional period of nine months [...]
A New Saudi-Qatari Global Oil Strategy is Shaping Up Anwar Al Taqi – Esam Aziz In September 2016, Saudi Arabia made a bold offer to buy the LyondellBasel giant oil refinery [...]
How New American Tax Policies Impact the Oil Market Anwar Al Taqi – Esam Aziz President Donald Trump’s administration has considered a Republican proposal for a border-adjustment system that would levy [...]
Can Oil Help Sustain Iran’s Planned Economic Growth? Anwar Al Taqi – Esam Aziz When a worm creeps, it does move forward normally; rather, it shrinks a little, then pushes forward [...]
100 Days of Donald Trump: The New Budget and the Impact on OPEC Anwar Al Taqi – Esam Aziz The impact of Donald Trump’s first 100 days on the energy field [...]
North Dakota and North Sea Move Quickly to Replace Saudi Light Crude in Asia Anwar Al Taqi – Esam Aziz Something interesting is going on now in the Asian light crude [...]
Question Marks About Europe’s Renewable Energy’s Future Anwar Al Taqi – Esam Aziz Europe is a continent where a strategy is considered, debated at great length and turned on all sides. [...]
Asia and the LNG: The US Begins a Major Plan to Restructure the Market Anwar Al Taqi – Esam Aziz While we will always believe that prospects for the LNG market [...]
Natural Gas Explains Why Russia Will Never Abandon Iran Anwar Al Taqi – Esam Aziz Following Rouhani’s visit to Moscow on March 26, a source in the European energy world told [...]
The New King on the Swing Producer Throne: Shale Oil Anwar Al Taqi – Esam Aziz What the optimists, some financial brokers and potentially a few here and there in OPEC [...]
China Rolls Back its Asian Natural Gas Plans. Tajikistan & Turkmenistan are Stuck. Anwar Al Taqi – Esam Aziz China has shelved its ambitious gas pipelines plan in Central Asia after [...]
Russia, Iran and India Versus China and Pakistan. Who Will Win? Anwar Al Taqi – Esam Aziz The energy element will define the results of the ongoing, silent “game” in central [...]
The Story of the “Ghost” of Electric Cars Threatening the Oil Market Anwar Al Taqi – Esam Aziz If we read the American media, and believe it, then we must picture [...]
Exxon and BP Usher in a New Trend in the Oil Industry Anwar Al Taqi – Esam Aziz During the first two weeks of March, a rumor took European oil circles [...]
“Deja Vu” Once More: The Vicious Cycle in Global Oil Markets Anwar Al Taqi – Esam Aziz The main reason OPEC reached a production cut agreement was obviously to cut supplies. [...]
Why Oil Majors Warn Trump Not to Go to Trade War with China Anwar Al Taqi – Esam Aziz Oil Majors position on Trump’s threats of a trade war is clear: [...]
While Iran Takes Market Share from Other OPEC Members, Trump Keeps Away From Its Exports Anwar Al Taqi – Esam Aziz US President Donald Trump decided against expanding any new [...]
A Market Suffering Structural Problems is Always Volatile Anwar Al Taqi – Esam Aziz OPEC’s compliance with cutting production is now unquestionable. All figures indicate that supplies are 1 million barrels [...]
Saudi Arabia Was Right All Along in Reporting its Reserves Anwar Al Taqi – Esam Aziz Even without an official confirmation coming from Saudi Arabia, we can easily guess that the [...]
Two Early Warning Shots from the US to Global Oil Producers We examine here two emerging factors that may eventually threaten the gains achieved in crude prices in global markets. The first factor is [...]
Tough Head Winds Do Not Stop Hopes for Price Improvement in 2017 Click edit button to change this text. So far, the OPEC deal is holding, as it becomes more evident that members [...]