Tag Archives: opec

Petrologica Cog (2) Neva-ending Story: Russia, OPEC Raise Prospekt of Continued Market Management in St. Petersburg Reports of the "death of the deal" are exaggerated, for the moment

Having met in St. Petersburg this Thursday (24th May), Reuters is now reporting that Russia and Saudi Arabia may be prepared to organise a coordinated production increase...

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Petrologica Cog (2) Sanctions on Iran and the OPEC Production Deal Venezuela's collapse gives more room for manoeuvre

It finally happened: Donald Trump will be reimposing sanctions on Iran, violating the JCPOA deal designed to impede Iran's ability to develop nuclear weapons. Long telegr...

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Petrologica Cog (2) The Many Faces of “Peak Oil” Despite the price collapse, Brent remains high compared to history

There is a clear glut in oil supply at present. This has led many, including former Saudi oil minister Ali al-Naimi, to declare the Read more ►

Petrologica Cog (2) With OPEC, we should remember our history Ali al-Naimi favoured a deal from the start, showing Saudi Arabia will not act alone

After the most recent OPEC meeting and the subsequent sell-off, many are complaining OPEC missed an opportunity in not agreeing deeper cuts. In the popular investing imag...

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