During the last meeting it was agreed that production cuts should be prolonged. However, from a political point of view, the most important thing is the institution of the new Organization
Each member state should have the aim of creating an integrated system of European gas pipelines. Are we so sure that the European Union is really pursuing this goal while creating at the same time a barrier to the nationalistic re-emergencies?
After stopping the exemptions to the sanctions, Iran announces the resumption of uranium enrichment. Awaiting the next OPEC+ meeting
The new geography of manufacturing. The speed at which China is changing its energy mix, from coal to gas. Europe’s response. The interwoven fates of Rome and Beijing over the Belt and Road Initiative
A new development pole that wants and can become an alternative to the Euro-Atlantic center. Gas is above all
In addition to the OPEC+ deal and the turmoil in the Latin American country, another bullish factor was a slight depreciation of the dollar and the impression that the Federal Reserve will not implement a strong tightening monetary policy in 2019 as it was previously supposed
To balance the market, global economic powers must implement expansive policies and producer countries must implement the production cuts agreement as soon as possible
At the center of the recent slowdown in crude oil prices, Washington’s moves on the international geopolitical chessboard, the confrontation with OPEC and the movements of constant rapprochement between Russia and China
The main reasons for the rise in oil prices are the collapse of Lybia’s and Venezuela’s output along with the economic measures imposed against Iranian crude exports. Looking at country data, China and India are still the key drivers
Price increases had three major drivers: the collapse of Iranian exports, the decrease in US stocks and the depreciation of the dollar
