$45 THE PERSISTENT NEW REFERENCE
Iran's export in October were closed to 3 million barrels per day, the highest level since the sanctions were lifted earlier in the year,...
OPEC POWERFUL INFLUENCE OVER WORLD ECONOMY
As prices continue to hover around $50 barrel and trying to gain support OPEC continues to influence the world. Venezuelan President...
THE ART OF THE DEAL NIGERIAN STYLE
“Nigeria has a bit of a cash flow problem right now. Our reserves are not as strong as we want them. The impact of that is the value of...
SAUDI ARABIA INTERNAL AFFAIRS POINTING TO AN AGREEMENT IN VIENNA NEXT MONTH?
Ahead of a $10 Billion bond issue, Saudi Arabia is warning investors of the challenges that cheap oil poses to its economy. So what is...
OPEC Reaches consensus on an “Understanding”, Really?
OPEC on Wednesday reached a consensus on an “understanding” to cut crude-oil-production to lift petroleum prices but the cartel will wait...
OPEC: ALGIERS STATUS QUO?
Although OPEC is meeting in Algiers, not a lot should be expected from Today’s meeting and we would probably have to wait until late...