Reading Time: 3 minutes Crude oil demand recovery depends considerably on the revival of the transportation sector
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.
Iran returns to the oil market in a big way
Reading Time: 3 minutes An expected new nuclear deal, a pipeline project and an easing of sanctions all contribute to increased production and exports
Below-normal temperatures lead to soaring spot LNG prices
Reading Time: 4 minutes But opposition to resource development from environmental organizations and First Nations means Canada being left out in the cold
Crude oil market remains in flux
Reading Time: 3 minutes Global crude demand remains a major concern. Contributing to the changing crude use pattern, India’s consumption fell for the first time in more than two decades
Saudis sacrifice to broker oil production cuts
Reading Time: 3 minutes Until recently, the nation has insisted it wouldn’t unilaterally cut output until others agreed to contribute. All that has changed
Oil markets still face uncertain future
Reading Time: 3 minutes Even if the vaccines remain effective against the new COVID-19 mutants, a true crude oil market rebound is still a long shot
Tensions rise in Persian Gulf over oil shipments
Reading Time: 3 minutes The only guarantee of safe passage of crude from the energy-rich Middle East region is the resolution of disputes through negotiations
A legitimate demand for oil industry investment?
Reading Time: 3 minutes The International Energy Agency says sufficient long-term oil supplies ‘should not be taken for granted.’ Others are less optimistic about the future of the industry
The crude oil market is approaching its peak
Reading Time: 3 minutes This year’s drop in oil demand isn’t just another crash. While a number of other factors were already in play, COVID-19 has accelerated the long-term trends
OPEC+ fault lines growing deeper
Reading Time: 3 minutes A gradual easing of the supply cuts falls short of market expectations. And U.A.E. and the Saudis disagree on a way forward