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HOMAYOUN FALAKSHAHI
As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
OPEC+ hikes oil production by more than expected following outbreak of Iran warOPEC+'s V8 group announced a 206,000 bpd production increase, citing market fundamentals despite Iran's regional attacks. Analysts warn thi...
How strong is the Russian economy? Can it compete with Donald Trump's might?Russia significantly increased state spending after launching its invasion in 2022, engineering an economic boom. That boom is over. The co...
Why the oil market is tight despite big OPEC+ output hikesOPEC+ oil producers, despite aiming to increase output by 2.5 million barrels a day since March, are struggling to meet targets due to capa...
Can crude oil prices really double? Let’s look at the worst-case scenarioAmid escalating Israel-Iran tensions, oil markets are on edge, with Brent crude hovering near $73 a barrel. Concerns rise over potential di...
In a shaky oil market, OPEC has bitter decisions to makeNo wonder the group postponed its year-end meeting. Initially scheduled for last weekend in Vienna, the meeting is now planned for Thursday...