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Whatever it is, you wouldn't want to be the oil minister of Saudi Arabia. Forget the exciting remuneration, you'll have to have thick skin, extraordinarily embittered at that, to wade over the thankless challenges. For one, the Kingdom shows all signs of nervousness. Over that, September's drone strikes on Saudi… Read more »

Not long ago, we heard of Libya's long drawn path to freedom. Remember Gaddafi and the civilian uprising in the country? The Arab spring, as it swept Libya unsparing the authoritarian Gaddafi regime, promised to have ushered in a new beginning. But eight years on, how is Libya? Well, the… Read more »

Consider some recent headlines: "World Bank Warns Of Extreme Volatility In Oil Markets", "International Energy Agency Head: Oil markets are entering an era of unprecedented volatility" and "Oil prices spike, stocks plummet as uncertainty roils global markets - Washington Post" . All was calm when I predicted in February 2018… Read more »

Last year, we gave out five blazing predictions as we stepped into a brand new 2018. And, how did we fare? Well, the year isn't new anymore but we did get 5 out of 5 of our predictions right! Self-congratulations are in order reaffirming why you read us. For 2019,… Read more »

For a nation, what's a year? Well, in the timing of the bigger picture, not much. Still, a year can cast its shadows long and fast. Essentially, as I was analyzing the ebb and flow of oil prices the past year, I couldn't but reflect on the changes a year… Read more »

After scaling a three-year high of $79 a barrel, oil prices fell taking a nine percent drop on the back of better supplies, resumption of Libyan oil production and increased Saudi oil output. But the reversal began soon enough with the prices climbing back. Plenty of reasons? Let's say a… Read more »

Ever heard of harmony in oil prices? Recently, Brent crude oil hovered near the $80 mark, the maximum since November 2014. So it goes. Oil prices are on a rage, riding on a more than three-year high. The increase in prices comes on the backdrop of geopolitical tensions and sanctions… Read more »

Experts say that you shouldn't look at your pension investments too often as you might make unwise decisions. I don't follow this advice. The reason that I'm drawn to tending my pension spreadsheet weekly, if not daily, is two-fold. First, I'm told by professionals who read the tea leaves on… Read more »

It is the time of the year again for our highly anticipated oil price related predictions for 2018. As our millions of faithful readers are aware, we have a rather impressive track record -from predicting the formation of ISIS to the crash of oil prices; from presenting Trump's potential oil… Read more »

Strategic Petroleum Reserve (SPR) is a repository of crude oil for emergency purposes built primarily in countries dependent on oil imports. Stored in four deep underground salt caverns along Texas and Louisiana Gulf coasts, SPR in the US is the world's largest. Its intended purpose is to cushion against sudden… Read more »