Oil markets showing signs of tightening
Growing global demand and supply cuts point to a potential reversal in oil markets
Growing global demand and supply cuts point to a potential reversal in oil markets
India is shipping 89,000 barrels of gasoline and diesel to the U.S. daily
Could easily employ sanctions-avoiding mechanisms perfected by Iran
Thanks mainly to China finally emerging from its Covid-19 lockdowns
The price of oil could end up anywhere between US$70 to US$121
Could reduce its daily oil output by as much as seven per cent over the next few weeks
U.S. commitment to Saudi security is waning, opening the doors to China
Major financial institutions revisiting their commitment to curbing oil and gas investment
Limiting gas imports from Russia has thrust the country into its biggest energy crisis since the Second World War
Producer and consumer nations targeting a price of around $90 a barrel