Tag: add

FINANCIAL POSITION OF THE SELECTED OIL & GAS COMPANIES: Shall we hope for a brighter tomorrow?

I noticed the growing gap between the reality and recently published reports forecasting a brighter future which will uplift crude oil prices to a healthy level. It wouldn’t be an issue if not one detail. […]

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What is behind Tillerson’s statement on upcoming “comprehensive review” to determine the U.S. strategy on Iran?

The statement made by Secretary of State regarding Trump’s administration intent to conduct “comprehensive review” on Iran, initially seemed to be surprising. I could not understand why would the U.S. government decided to do it […]

Oil prices fall on expected climb in U.S. production

This is another confirmation that OPEC’s possible decision to extend agreement on production cuts during its meeting scheduled to take place in May would not be effective. *** Oil prices fell in thin trade on […]

What Is The Real Reason For OPEC’s Continuous Efforts to Improve Oil Price by Production Cuts When It Is Clear That Isolated Efforts Are Unlikely To Be Effective.

In my comments to the Article published by Business Insider regarding signs that OPEC’s would most likely to extend production cuts agreement, I indicated that efforts of OPEC alone are unlikely to lead to improvement […]