Oil Prices Will Stay Low The Doha talks failed because Iran did not accept to freeze its oil production WASHINGTON – I am not at all surprised to see that the Doha oil talks aimed at finding an...
No Deal To Cut Oil Production – Still, Russia And Saudi Arabia Are Talking Can the two major oil producers come to an agreement at a later date? WASHINGTON – Saudi Arabia and Russia are the leading world oil producers and exporters. Energy Ministers from both countries...
A Russia-Saudi Arabia Oil Production Cut Deal? If this happened, crude prices would jump WASHINGTON – Saudi Arabia and Russia are the leading world oil producers and exporters. Energy Ministers from both countries...
US Economy and Public Finances Deteriorating – Candidates Talk About Something Else The economic foundations are fragile, while the deficit will start growing again. No plan to change any of this WASHINGTON – While we wait with trepidation for the outcome of the Iowa caucuses that will finally begin to...
Major Economic Reforms In Saudi Arabia? Prince Mohammed would like to see quick modernization. It will not happen WASHINGTON – What is going in Saudi Arabia? Probably too much. We have now an odd stew of engineered...
Saudi Arabia’s Goal: Hurt Iran Low oil prices are meant to strangle the oil-dependent Iranian economy WASHINGTON – A few days ago I argued that Saudi Arabia is imposing rock bottom oil prices through over...
Obama Talks About Gun Violence In Order To Avoid Embarrassing Issues While major crises pile on, with a clever move the President got everybody to focus on his modest gun control initiative WASHINGTON – I’ve got to hand it to President Obama. He is a really capable politician. And probably the...
Saudi Monarchy Losing Control? A quick prediction in TIME magazine says that may happen in 2016 WASHINGTON – The very last page of the latest TIME magazine double issue about what we can expect in the New Year...
Saudi Arabia’s Oil End Game It is not about America. It is really about Iran WASHINGTON – More than a year ago, when it became obvious that massive increases in US oil production (thanks...
THE US Shale Industry Survived Oil Prices Collapse High cost producers managed to increase productivity WASHINGTON – When oil prices suddenly collapsed, going from $ 100 per barrel to $ 50 or less, the almost...