Tag: OPEC

Is US still the only superpower in world?

Joseph Davis | The gradual, controlled demolition of the United States continues unabated. On the surface, this appears to be a global power shift from...

Is US running out of friends?

M K Bhadrakumar | An amazing week is unfolding in West Asian politics. It began with three dramatic developments on Monday – Turkish troops crossing...

The Russian-Saudi joint energy fund will keep bilateral relations on right...

Andrew Korybko | Russian Energy Minister Alexander Novak announced the measure and told Russian media that “Our focus is not just on strengthening our cooperation...

Saudi King to visit Moscow: Expects Russia’s help to bring the...

M K Bhadrakumar | The forthcoming visit by Saudi King Salman bin Abdulaziz to Russia (October 4-7) carries great symbolism. Such poignancy is for several reasons –...

Will Venezuela go the way Libya did after its announcement on...

Andrew Korybko | Venezuela recently announced that it is de-dollarizing its future oil contracts and switching to euros and yuan instead. The move comes after the...

Surge of Saudi nationalism hurts US interests

M K Bhadrakumar | Reading tea leaves in Saudi politics is hazardous. That makes Moscow’s jubilation over the appointment of Mohammed bin Salman as the...

The Ummah : The fresh Princes of Bel Arabia and Muhammad...

Haider Mehdi | King Salman, by elevating his son, the 31 years Mohammed Bin Salman, or MBS, as Crown Prince, may actually have signed MBS’s...

Prince Salman: An outlier in the conservative state

M. K. Bhadrakumar | The royal decree of June 21 by Saudi Arabia’s King Salman appointing his son Mohammed bin Salman as the Crown Prince and next...

Deepest Oil Cuts in World’s Top Market Didn’t Need OPEC Deal

Malaysia and Brunei are doing their bit for the global pact to rebalance oil markets, but the biggest production cuts in Asia are coming...

Iran Races to Clinch Oil Deals Before Donald Trump Takes Office

TEHRAN — President Hassan Rouhani of Iran is racing to sign as many oil deals with Western companies as he can before hard-liners at home...

Oil prices slip as persistent fuel glut returns to focus

Oil prices slipped on Friday as the market refocused on a persistent fuel supply overhang that is not expected to abate unless OPEC and...

Why OPEC Still Can’t Get Iran To Cut Oil Production

OPEC members have in recent months repeatedly met to discuss production cuts. The cartel’s members are suffering from the dramatic decline in oil prices...

‘Price of Oil May Climb to $60 By Year End’ Saudi...

Saudi Arabia says the price of crude oil may climb to 60 US dollars a barrel by the end of the year. The country...

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Cholistan Jeep Rally: Magsi takes the trophy again

News Desk | Nadir Magsi, Pakistan Peoples’ Party member for Sindh Provincial Assembly, won the Cholistan Desert Rally in the prepared category for the second...

PTI minister defends his party’s performance in KP

News Desk | Pakistan Tehreek-i-Insaf (PTI) leader and Minister of Education in Khyber Pakhtunkhwa (KP), Muhammad Atif Khan, defended his party against the allegations of...

Will Jennfier Aniston and Brad Pitt reunite after their divorces?

News Desk | Jennifer Aniston has issued a statement addressing reports she is interacting with her ex-husband Brad Pitt as a shoulder to lean on...

Declaring Pakistan state sponsor of terrorism will lead to an irreversible...

News Desk | In a seminar on “Changing Patterns of Extremism and Terrorism in Pakistan” at Woodrow Wilson Center on February 13, 2018, three renowned...

MQM drama continues: Farooq Sattar elected party chief again

News Desk | Farooq Sattar has been elected as the Muttahida Qaumi Movement-Pakistan (MQM-P) convener in the intraparty elections held on Sunday. The elections were...

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