Experts disagree about when we will hit peak demand for oil but as technological change continues to accelerate potential investors in the Aramco IPO should weigh its timing very carefully.
MBS’s half brother becomes Saudi oil minister, first Prince in the job. More preparations for Aramco IPO.
Two tankers attacked and left adrift in the Gulf of Oman. Pompeo again accuses Iran.
US shuttle diplomacy has achieved agreement on talks to take place between Lebanon and Israel on the maritime border.
The US President’s re-election calculus stands to be more important in determining American policy in the Middle East than the views of any number of advisors and US allies.
Four oil vessels damaged off Fujaira. Little detail – no casualties or pollution. No claims of responsibility.
The decision not to extend waivers on buying Iranian oil further underlines the Trump Administration’s determination to continue to hit Tehran hard, even at the risk of damage to other important issues, both domestic and international.
The US Congress is again considering legislation against the OPEC cartel. This time it may bite the bullet.
No resolution of the Qatar vs. four dispute – propaganda continues. Qatar surviving well. US talks up the need for unity. Active foreign policy continues.
Saudi Arabia may or may not continue to bend to President Donald Trump’s wish to see the oil price go lower still. But there are good reasons to suppose that, whatever Opec decides on 6 December, the trend for the next few weeks at least may be upwards.