We take the news of a possible visit in March to Moscow by Saudi Arabia’s King Salman bin Abdul Aziz Al Saud very seriously, as potentially marking the culmination of
For all the trial balloons that were being floated through recent days, mostly by lower level oil officials around the globe talking up the prospects of an OPEC meeting and
With today’s modest upward turn in crude prices, there are indications Saudi policymakers are eyeing ways to lend support to stabilizing oil prices, sensing a near bottom to the renewed
*** With global crude oil prices at 12-year lows, Beijing has ordered China’s big three crude oil companies to reduce output in 2016. The goal is to cut total domestic
Negotiations in Lausanne, Switzerland, between Iran and the P5+1 team of the US, its Security Council partners, and Germany over Iran’s nuclear program are moving forward rapidly. And with the
After chopping around for over three and a half years between $100 and $120 a barrel, with an occasional spike or two above, oil markets suddenly broke down two months