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How Russia Has Remained One Step Ahead Of Western Sanctions

The U.S. and EU have levied massive sanctions against Russia. Moscow has managed to stay one step ahead of the West with the...

Energy

OPEC+ Cuts Global Oil Demand Forecast For This Year

OPEC's technical panel has cut the oil demand forecast by 200,000 bpd for 2022.O OPEC now sees global demand grow by 3.4 million...

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OPEC Considers Suspending Russia From Oil Deal

Some OPEC members are mulling over the possibility of suspending Russia from the OPEC+ deal that limits the amount of crude oil that each...

Opinion

PMB, This Is Your Assessment Report At 7

Four times governor of New York, vice president for two years under Gerald Ford and presidential aspirant, Nelson Rockefeller, once observed that “If you...

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OPEC+ Unlikely To Boost Oil Production More Than Planned

The OPEC+ group is expected to rubberstamp next week its moderate monthly increases in oil production when it decides output levels for July, six...

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President Biden Considers Meeting Saudi Crown Prince As Oil Prices Soar

U.S. President Joe Biden could meet with Saudi Arabia’s Mohammed bin Salman, or MbS, as soon as next month, anonymous sources told CNN on...

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Oil Prices Surge Past $113 As Shanghai Signals End Of Lockdown

Oil prices have topped $113 per barrel on optimism that China’s lockdowns are coming to an end and demand will not take a prolonged hit. In...

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