Reading Time: 3 minutes Saudi Arabia requires US$80.90 per barrel oil if it is to meet its budgetary needs
Author: Rashid Husain Syed
Toronto-based Rashid Husain Syed is a highly-regarded analyst specializing in energy and politics, with a particular emphasis on the Middle East. Besides his contributions to both local and international newspapers, Rashid frequently lends his expertise as a speaker at global conferences. His insights on global energy matters have been sought after by organizations such as the Department of Energy in Washington and the International Energy Agency in Paris.
Riyadh’s campaign for lower OPEC+ output clashes with Russia’s needs
Reading Time: 3 minutes Analysts doubt Russia’s appetite for additional production cuts
Oil markets showing signs of tightening
Reading Time: 4 minutes Growing global demand and supply cuts point to a potential reversal in oil markets
Oil markets slide as concerns overwhelm sentiment
Reading Time: 3 minutes Impacted by interest rate hikes, concerns over the U.S. debt ceiling, state of U.S. and China economies
Crude markets brace for challenging times
Reading Time: 3 minutes Crude markets dive amid global economic concerns
Tit-for-tat seizures of oil tankers raising tensions in Gulf
Reading Time: 3 minutes Iran seized a tanker carrying crude to Houston in apparent retaliation for a U.S. seizure of a tanker carrying Iranian oil
Oil markets are as unpredictable as ever
Reading Time: 4 minutes World oil demand is significantly weaker than widely perceived
The future price of crude oil still uncertain
Reading Time: 4 minutes International Energy Agency (IEA) is warning of higher oil prices in the second half of the year, but …
OPEC+ decision to cut output sends a political message to Washington
Reading Time: 4 minutes Riyadh is no longer willing to toe Washington’s line and its interests now reign supreme
Russian efforts to reroute its oil away from Europe succeeding
Reading Time: 4 minutes But Russia concedes oil and gas production is expected to decline in 2023