The difference of opinion between Saudi Arabia and Russia, the two de-facto leaders of OPEC+, could make for another tricky meeting. While Russia appeared to be outnumbered, the group typically requires a consensus among all members before concluding talks. SourceContinue Reading

Real yields — the difference between nominal benchmark bond yields and the rate of inflation — fell close to last year’s lowest point on Friday, boosting bullion’s appeal. The decline in real rates is being driven by a rise in inflation expectations, with the market betting on vaccine distribution, further central bank support and continuing...Continue Reading

European Boosts Imports Of Russian Fuel Oil | OilPrice.com Viktor Katona Viktor Katona is an Group Physical Trader at MOL Group and Expert at the Russian International Affairs Council, currently based in Budapest. Disclaimer: views set… More Info Premium Content By Viktor Katona – Jan 04, 2021, 1:00 PM CST We have already written about...Continue Reading

China’s Oil Giants Face NYSE Delisting | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jan 04, 2021, 12:00 PM CST Chinese crude oil companies listed in New York may soon be kicked out, after the New York Stock Exchange delisted three telecoms with headquarters in...Continue Reading

Iraq Seals Much-Needed $2 Billion Oil Deal With China | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Jan 04, 2021, 11:30 AM CST Iraq has confirmed it has struck a deal with...Continue Reading

LNG Faces Tough Winter In Europe | OilPrice.com Viktor Katona Viktor Katona is an Group Physical Trader at MOL Group and Expert at the Russian International Affairs Council, currently based in Budapest. Disclaimer: views set… More Info Premium Content By Viktor Katona – Jan 04, 2021, 11:00 AM CST Making bold assertive statements is never...Continue Reading

“At the risk of being seen as a killjoy in the proceedings, I want to urge caution,” Saudi Energy Minister Prince Abdulaziz bin Salman said at the start of the group’s video conference on Monday. “The new variant of the virus is a worrying and unpredictable development.” SourceContinue Reading

Oil Highly Volatile During OPEC+ Meeting | OilPrice.com Liubov Georges Liubov Georges has graduated NYU with Master’s Degree in Energy Policy and Economics. Currently, she is an energy analyst at DTN Oil&Gas More Info Related News By Liubov Georges – Jan 04, 2021, 10:15 AM CST In the morning trade on the first trading session of...Continue Reading

Most OPEC+ Producers Don’t Favor Another Output Increase | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Jan 04, 2021, 9:45 AM CST Most of the members of OPEC+ are reportedly...Continue Reading

Iran Seizes South Korea-Flagged Oil Tanker In Persian Gulf | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jan 04, 2021, 9:30 AM CST The Islamic Revolution Guards Corps (IRGC) of...Continue Reading