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First Turkish President Recep Tayyip Erdogan argued citizens should buy gold, then he said sell. Add dramatic...
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Oil prices have drop to the $30s or lower to dent the bottom line of many drillers now working US shale fields Read more
The Gulf region is poised to become a net exporter of refined products as soon as this year. Read more
Saudi Oil Minister al-Falih admitted that global supplies are falling at a rate much slower than was expected. Read more
Saudi Energy Minister Al-Falih and his Russian counterpart Novak put up a brave front in Houston, but increased drilling in US continues to worry OPEC. Read more
OPEC cuts have stabilised oil prices in the range $50-55, but rising US shale production is disrupting the equation. Read more
OPEC nations, especially Iraq, are building capacity even as they reduce production in 2017, in anticipation of higher demand. Read more
The cut in oil prices by Saudis, against signals of the market structure, is an attempt to lure buyers away from US crude. Read more
Oil markets continued on their roller-coaster ride, hitting a three-week low this time. Read more
It is ironical that US shale are following a former Saudi oil minister's advice to them, and giving OPEC a run for its money. Read more
Aramco is expanding its portfolio as a precursor to the world's biggest IPO that is soon coming. Read more
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