Big Oil in Retreat

Gas-hike

by Michael Klare The plunge of global oil prices began in June 2014, when benchmark Brent crude was selling at $114 per barrel. It hit bottom at $46 this January, a near-collapse widely viewed as a major but temporary calamity for the… Continue Reading  

Tehran Workshop Offers Insight Into Nuclear Talks

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by Eldar Mamedov With only a little over a month to go before the deadline for a comprehensive deal on Iran’s nuclear program, a group of European, Gulf and Iranian academics and policymakers gathered Oct. 6-7 in Tehran to discuss the future of EU-Iran… Continue Reading  

Russia, China Finally Sign $400 Billion Energy Deal: Why Now?

PRBChina

by Sara Vakhshouri After almost a decade of negotiations, Moscow reached a 400 billion dollar energy deal with Beijing yesterday, allowing the Russian state-controlled Gazprom to export gas to China for 30 years. The key agreement guarantees long-term market access… Continue Reading  

As EU Reconsiders Russian LNG, Qatar Waits in Wings

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by Daniel Wagner, Giorgio Cafiero, and Sufyan bin Uzayr* Throughout the Ukraine crisis, EU leaders have become more vocal about their interest in reducing Europe’s consumption of Russian natural gas. As a result, Qatar — the world’s number-one provider of… Continue Reading  

Economics Beats Politics: Saudi Opposition to Iran Fades on $100 Oil Goal

Iran and Saudia Arabia are in a bitter feud, says practically everyone apart from the President of Iran, and yet that doesn’t seem to be the case in the energy markets. As reported by Bloomberg News, Saudi Arabia has aligned… Continue Reading