Oil market recovery may be on borrowed time
The recent spike in oil markets was engineered – fundamentals didn’t drive it. There were issues about the tight leash on output
Read MoreThe recent spike in oil markets was engineered – fundamentals didn’t drive it. There were issues about the tight leash on output
Read MoreAlthough the OPEC+ decision resulted in immediate oil price gains, the warning shots on the horizon couldn’t be altogether ignored
Read MoreWith his calm and cool demeanour, intellectual depth, sharp mind and the capacity to stand up to pressures, Sheikh Ahmed Zaki Yamani personified OPEC
Read MoreU.S. output will emerge from this calamity. But it will result in tightening supplies and higher prices for everything from gasoline to propane in coming weeks
Read MoreSome observers see prices moving even higher as refiners increase processing rates to meet rising product demand amid tight crude supplies
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