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September 9, 2019

Saudi Arabia
Saudi Arabia’s Oil Vision and the Oil Price Cycle

Saudi Arabia’s oil industry is on the move with strategic changes in leadership, investments, and a broadening of its global businesses. The moves, which include larger investments in refining and pe…

Saudi Arabia's new Energy Minister, Prince Abdulaziz bin Salman takes a tour at the exhibition during the 24th World Energy Congress in Abu Dhabi, United Arab Emirates September 9, 2019. REUTERS/Satish Kumar

January 8, 2020

Iran
Iranian Interests, Iraqi Oil, And The U.S. Response

My grandmother had a saying: “Think before you speak.” The saying, said to me and my brothers as children, was intended to help us avoid mindlessly blurting out something we would later regret. I can…

DATE IMPORTED:January 06, 2020People attend a funeral procession for Iranian Major-General Qassem Soleimani, head of the elite Quds Force, and Iraqi militia commander Abu Mahdi al-Muhandis, who were killed in an air strike at Baghdad airport, in Tehran, Iran January 6, 2020.

June 7, 2019

China
Is OPEC China's Problem?

The decision by the United States to wind down waivers on U.S. sanctions against Iranian oil exports has laid bare some new realities about oil geopolitics that were previously not well understood. O…

A crude oil tanker is seen at Qingdao Port, Shandong province, China, April 21, 2019. Picture taken April 21, 2019.

May 14, 2019

Saudi Arabia
Oil Sabotage Might Seem Like Small Potatoes, But Underlying Geopolitical Problems Are Not

The United States keeps signaling that it has hard power. Most recently, the United States made known that it was deploying additional ships, the USS Abraham Lincoln and USS Arlington, to the Middle …

A damaged Andrea Victory ship is seen off the Port of Fujairah, United Arab Emirates, May 13, 2019. 

November 22, 2019

Iran
Reports of Oil’s Demise May Be Premature

I have a rule of thumb on the oil price cycle: When commentators start using the word “never” we are typically at the brink of a cycle shift. For a while now, oil prices have been stuck in a range. T…

Iraqi demonstrators block the entrance of Khor al-Zubair commodities port during the ongoing anti-government protests, near Basra, Iraq November 19, 2019.