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DMITRY ZHDANNIKOV
Global energy prices soar as Iran crisis disrupts shipping, oil and gas productionThere's a seismic shift in the global energy market with oil and gas prices hitting unprecedented heights. The escalating conflict involvin...- Why OPEC+ members find it hard to agree oil production quotasThe June changes allowed the United Arab Emirates to add 200,000 barrels per day (bpd) to a new target of 3.219 million bpd for 2024. The c...
- Crude oil price surges to highest since 2008 on delays in Iranian talksIn the first few minutes of trade on Sunday, both benchmarks rose to their highest since July 2008 with Brent at $139.13 a barrel and WTI a...
- Oil edges higher after Brexit deal, gains capped by pandemicThe market built gains overnight as Britain and the European Union reached a post-Brexit trade deal, reversed those gains, and then rebound...
- Headache for OPEC as oil market structure signals return of glutThe group will either have to consider further production cuts or tolerate lower oil prices for longer.
- Opec pushing Russia to support big oil cut amid coronavirusRussia has so far signalled it might be willing to agree to extending existing cuts, which expire in March, but might find it difficult to ...
- OPEC waiting for Russia before deciding how much oil to cutThe cut will be between 1.0 and 1.3 million bpd.
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