Tag: OPEC
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The Desert Wind Whispers Through Riyadh: Inside Saudi Arabia’s 2025 Oil Strategy
The desert wind whispers secrets through Riyadh’s glass towers, carrying the scent of petrodollars and geopolitical chess. That seemingly insignificant 137,000-barrel bump is no mere adjustment—it’s a surgical move in the global energy bloodstream. Inside Vienna’s OPEC+ war rooms, two realities clash. The International Energy Agency (IEA) projects a muted 700,000 bpd demand growth for…
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OPEC+ and the Strategic Push for Increased Oil Production
The U.S. administration has prioritized lower oil and gas prices to benefit American consumers and businesses while exerting economic pressure on adversarial oil-dependent nations like Iran and Venezuela. However, OPEC+ has surprised markets by supporting increased oil production, despite many of its members requiring oil prices above $80 per barrel to balance their national budgets.…