Global markets took one on the chin today, both literally and figuratively. A combination of coronavirus panic, and the unexpected oil price deadlock between Russia
Tag: Oil Market
Two Oil Tankers Attacked In the Gulf of Oman
Two oil tankers were damaged this morning in the Gulf of Oman, victims of suspected attacks, although it is yet unclear who the initiator might’ve
Crude Politics
Saudi Arabia and the United Arab Emirates are spearheading an OPEC effort to extend oil cooperation with Russia for at least three years and perhaps
Stormy Straits Ahead?
International attention is beginning to focus on the Persian Gulf, and Red Sea areas since Saudi Arabia suspended Red Sea oil shipments earlier this week
Wednesday 7 February, 2018 Update: US Oil Sanctions Against Venezuela Appear More Likely
While in Argentina over the weekend, Secretary of State Rex Tillerson remarked to reporters that the imposing of oil sanctions and restrictions against Venezuela’s oil