Tag Archives: Oil Shocks

OPEC Deal: Riyadh and Tehran Reached a Pact on Reducing Crude Oil Production

Two major players in the OPEC feud over production cuts have finally come to an accord. ENERPO student Sophie Nguebana reports on the implications going forward.

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Russia and Saudi Arabia Stabilizing the Oil Market: A Prisoner’s Dilemma?

by Daniel Tsvetanov During the G20 summit in Hangzhou, China, the Russian Energy Minister Alexander Novak and the Saudi Arabia Minister of Energy, Industry and Natural Resources Khalid bin Abdulaziz Al Falih signed a joint declaration for the stabilization of the oil market. Novak and Al Falih agreed on joint measures and steps, recognizing the […]

ENERPO Workshop: Drebentsov, BP’s Chief Economist for Russia and the CIS

by John Collins Amidst the vortex of uncertainty surrounding world hydro-carbon markets, Mr. Vladimir Drebenstov, the chief economist for BP in Russia and the CIS, arrived last Wednesday at the European University to give a presentation aptly entitled the Changing World of Oil and Gas, and included projections from the latest BP Energy Outlook. The presentation […]

News Blog – U.S. Shale Oil and Its Impact on Long Term Stability in the Oil Market

ENERPO student Lina Nagell offers an assessment of the future of shale in the face of a glut in oil prices. Can shale serve as a force for stabilization in world oil markets?