Downing Street indicates Netanyahu faces arrest if he enters UK    London's Gatwick airport reopens terminal after bomb scare evacuation    Civil Defense warns of thunderstorms across Saudi Arabia until Tuesday    Saudi Arabia, Japan strengthen cultural collaboration with new MoU    Slovak president meets Saudi delegation to bolster trade and investment ties    Saudi defense minister meets with Swedish state secretary    Navigating healthcare's future: Solutions for a sustainable system    Sixth foreign tourist dies of suspected methanol poisoning in Laos    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws    Al-Jasser: Saudi Arabia to expand rail network to over 8,000 km    OMODA&JAECOO: Unstoppable global cumulative sales over 360,000 units    Al Hilal doesn't need extra support to bring new players, CEO says    Saudi Arabia sees 73.7% rise in investment licenses in Q3 2024    Rafael Nadal: Farewell to the 'King of Clay'    Indonesia shocks Saudi Arabia with 2-0 victory in AFC Asian Qualifiers    Sitting too much linked to heart disease –– even if you work out    GASTAT report: 45.1% of Saudis are overweight    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    

Articles of the author Syed Rashid Husain
Oil prices seen stabilizing after latest Opec deal
AS expected, OPEC has extended its output cut for another nine months - until March 2018. Though prices stabilized later, yet, the initial market reaction to the announcement was negative, resulting in almost 5 percent dip in crude prices on (...)

28 - 05 - 2017
Supply restraints key to continue stabilizing prices
PRESIDENT Donald Trump is in Riyadh on his maiden foreign trip. And energy is very much in the air. As the President boarded Air Force One taking him to Saudi Arabia, the two sides see major business deals. But when a US president lands in Riyadh, (...)

21 - 05 - 2017
Higher oil demand expected despite a feeling of anxiety
FUNDAMENTALS are crucial to the overall health, and the global crude balance is no exception. Slowing demand and growing output are continuing to impact the medium term crude scenario. OPEC is aware of it. In its monthly report, OPEC raised the (...)

14 - 05 - 2017
Venezuela's imbroglio impacts global energy
VENEZUELA, holding the world's largest proven oil reserves, is in a mess. Anti-regime protests - emanating from the financial crisis and the resulting poverty - have resulted in the melting down of the governmental controls. Some 30-plus (...)

07 - 05 - 2017
Oil producers in a dilemma over price and output
OIL prices are tanking, falling below $49/barrel last week. WTI and Brent futures dropped below their 200-day moving averages. Rising US shale output, resumption of production from two major Libyan fields and the European Central Bank's decision to (...)

30 - 04 - 2017
Rebalancing of oil markets seen
CHATTER is growing, OPEC and its non-OPEC partners are ready to extend the output cuts beyond June. Last Thursday, Saudi Arabia, and Kuwait gave the clearest signal yet, that OPEC plans to extend into the second half of the yea a deal with non-OPEC (...)

23 - 04 - 2017
Stable oil market to favor Aramco proposed IPO
GLOBAL oil markets remained on edge - the entire last week - as interesting, and at times conflicting, developments continued to haunt it. On one hand, the markets needed to decipher the impact of the US missile attack on the Syrian airbase, while (...)

16 - 04 - 2017
Price stability vital for some time to come
FEW major developments kept oil analysts on heels the entire last week. Markets remained busy keeping an eye on OPEC's next move, attempting to comprehend if the group would extend the output cut arrangement beyond June this year or not? (...)

02 - 04 - 2017
US shale output alters traditional OPEC character
From the ashes of the old order, a new global energy order is emerging. And its emergence is now being felt - all around. OPEC's overall compliance with output cuts, agreed last November, has gone up in February to 94 percent, up from 86 percent in (...)

26 - 03 - 2017
Trump extends fossil fuel era
WHAT does all this mean for the fossil fuel industry? Could demand go robust and markets firmer? Last Thursday, the Trump administration unveiled budgetary proposals for the next fiscal. And what a budget it has been - with the energy sector (...)

19 - 03 - 2017
Eyes on OPEC again on rapid easing of market
WITH an "extraordinary" group of some 3,000 people, including 488 speakers, from 60 countries" assembled in Houston for the CERAWeek, often termed as the Super Bowl of the energy world, many felt the times have changed. From grim last year, the mood (...)

12 - 03 - 2017
Timing of Aramco IPO ascertained
THE debate is on. Is this the right moment to sell Aramco? Aramco valuation is under focus. Prince Mohammed Bin Salman mentioned the figure of $2 trillion as the base value of Saudi Aramco. Of course, he, being an insider, was speaking with all the (...)

05 - 03 - 2017
Permian Basin central focus of industry players
Crude prices have stabilized at above $50/bbl. Yet there are growing fears that as a result of this stabilization - courtesy the OPEC agreement - the US shale output would grow and grow resolutely. "The general perception is that OPEC is cutting (...)

26 - 02 - 2017
US oil majors may have undue edge in Europe
A businessman is now at the helm of the Oval office in Washington. On Tuesday, Feb. 14, President Donald Trump signed the legislation, only the third since taking over, to repeal the regulation that required the US energy and mining companies to (...)

19 - 02 - 2017
Players seem to be at odds on likely output cut deal extension
OPEC compliance with its November output cut agreement remains significantly strong, yet question marks are appearing on the global crude horizon. As per S&P Global Platts, OPEC members cut their output by 1.14 million barrels per day in January – (...)

12 - 02 - 2017
Independent audit of Kingdom oil reserves further boosts stance
ALMOST a decade ago, there was a lot of discussions and debate all around, about Ghawar, its capacity and potential to keep on producing at the current levels. Located in Al-Ahsa Governorate in the Eastern Province of Saudi Arabia, Ghawar is the (...)

05 - 02 - 2017
Trump's remarks draw eerie feeling
PRESIDENT Donald Trump has opened a Pandora box. While addressing the intelligence community in Washington DC, a day after swearing in, the president said: "We should've kept the oil when we got out of Iraq", regretting the slip, he then said, "OK, (...)

29 - 01 - 2017
More volatility in the market seen
BIG Oil is now out of shadows – ready to play a more overt role in Washington and in full glare. The inauguration of Donald Trump as the 45th president of the United States and his pick of the team has brought into focus, the grasp of Big Oil on (...)

22 - 01 - 2017
Oil prices higher amid output cut commitments
OUTPUT cuts are taking hold. Compliance with output cut agreement has been healthy - till yet. Markets too are reacting positively. Yet, the brightening US shale prospects continue to dampen crude sentiments. As per reports, the US is expected to (...)

15 - 01 - 2017
Balancing the market seems to be elusive
THE OPEC out cut agreement has just gone into effect. And markets appear confident – still – of its success. Initial reaction remains positive. Yet, despite that, the first of the salvos seem to have already been fired – in the output compliance (...)

08 - 01 - 2017
Compliance uncertainty blurs market
IN sharp contrast to last year, this New Year has begun on a positive note – as far as the energy market sentiments are concerned. When 2016 began, oil prices were on their way down – touching the ebb of $26.05 a barrel end February. The market (...)

01 - 01 - 2017
New geopolitical dynamics likely to impact markets
THE prognosis looks good. Despite concerns about lack of implementation, there are growing indications that Riyadh and Moscow are keen to pull the 1.8 million bpd output cut agreement through. In fact there are also indications that OPEC may (...)

25 - 12 - 2016
US oil industry turnaround seen
BIG Oil is poised to take over Washington. After enduring ‘eight hostile Obama years' - oil industry leaders are marching back into Washington - with confidence and zeal. A major coup for the industry has been the nomination of the oil industry (...)

18 - 12 - 2016
Global energy chessboard closely watched
THE arrival of Donald Trump on the global political theater is beginning to impact the energy world - and in more than one ways. When Trump nominated climate change skeptic Oklahoma Attorney General Scott Pruitt to run the US Environmental (...)

11 - 12 - 2016
Concerns about quota nonadherence surface
SAUDI Arabia has pulled it off! With stakes high, the OPEC kingpin had little option. Markets badly needed a lift. The last two years have been painful. As per the US' EIA, OPEC is set to earn only $341 billion from oil exports this year. That's (...)

04 - 12 - 2016
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