OPEC’s Divisions Keep Oil Low And Volatile

The failure of the Organization of Petroleum Exporting Countries to reach any meaningful agreement at their meeting in Vienna on Friday confirmed that the historic storm besetting the oil market has markedly reduced this once-powerful group’s effectiveness and influence.   Read Here – Bloomberg

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Oil’s New Normal

At the end of the day, no swing producer controls the fate of today’s oil prices. A sustained price recovery requires a healthier global economy that combines faster inclusive growth and greater financial stability. And this will not occur quickly, especially given the policy shortcomings in both advanced and emerging countries. Read Here – Project […]

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The Great Oil Game

Governments typically make big bets either when they are overly confident or increasingly worried. Saudi Arabia’s oil strategy doesn’t reflect confidence. With the frail health of King Abdullah, possible succession rivalries, domestic pressures for change, conflict in neighboring Yemen, and the many challenges posed by ISIS, Riyadh may be in for more than it bargained for. Read Here – Foreign Affairs

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Oil Woes Are Back, And How…

Brent crude was projected by Wall Street analysts to average as much as $116 a barrel by the end of the year. Now, with violence escalating in Iraq, how far the price will rise has become anyone’s guess. Read Here – Bloomberg  

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Shale To Not Pale Saudi Oil

the shale oil bonanza in the United States is actually a good thing for Riyadh. Over the last few decades, oil markets have experienced sharp price fluctuations, particularly with growing demand for oil in the emerging Asian economies. Read Here – Foreign Affairs

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The New Gas Story

As U.S. energy exports increase, the United States should think carefully about the kind of exporter it wants to be, promoting free trade and investment wherever possible, with no political strings attached. If it does, it could transform the world energy market and, in turn, reap vast political and economic rewards. Read Here – Foreign […]

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New Energy To Russia-China Ties

Russia has consummated some huge energy deals with China in recent weeks. These deals are – or at least are being advertised as – major steps forward in the Russo-Chinese energy relations, Russia’s pivot to Asia – which uses big energy sales to upgrade its influence and standing – and the development of the energy […]

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Can Saudi Arabia Outlive North America’s New Energy Boom?

Current trends in the global energy market don’t look good for Saudi Arabia. First, the International Energy Agency projected in November 2012 that the United States will surpass the Gulf petrogiant as the world’s top energy producer by 2020. Then, last week, it revealed that North America, buoyed by the rapid development of its unconventional oil industry, […]

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