Columnist

Wael Mahdi

Wael Mahdi is an energy reporter specializing on OPEC and a co-author of “OPEC in a Shale Oil World: Where to Next?”

Twitter: @waelmahdi

Latest published



Aramco stepping up to electric vehicle challenge

When seven oil and energy ministers of OPEC and non-OPEC countries met in Oman’s capital of Muscat last month to discuss the conditions of the oil market and the future of the production-cuts agreement between them, the Sultanate was inaugurating its first electric vehicle charging station.

February 05, 2018

The world is not awash in oil yet


The past seven years were both very exciting, and very difficult for the global energy markets.
Today’s market faces two key challenges, both the product of human innovation and technological advancement.

January 14, 2018

A Saudi view on the future of oil

There is a simple way to understand how Saudi policymakers perceive the future of oil: Much is revealed by how the Kingdom builds its fiscal budget forecasts.

January 03, 2018

A Saudi view on the future of oil

There is a simple way to understand how Saudi policymakers perceive the future of oil: Much is revealed by how the Kingdom builds its fiscal budget forecasts.

January 02, 2018

Entrepreneur in a knot describes work to build ties with Aramco

“No one is going to give me a contract because I wear a nice bow tie,” said Hashim Al-Zain, founder of DarTec Engineering Consultants, a small engineering services company, pointing to the knot he was wearing.

December 30, 2017

Budgets no longer just about the price of oil

Why would an oil trader based in Singapore or London care about the Saudi budget?
The answer is simple. It is Saudi Arabia that can influence the oil market individually and through its leadership of the Organization of the Petroleum Exporting Countries (OPEC).

December 20, 2017

The oil market in 2018: What could go wrong?

In January 2014, Makkah newspaper published its first issue, which carried an article under the title “Who is the happiest Saudi minister in 2014?” The editors chose Oil Minister Ali Al-Naimi.

December 14, 2017

Oil in 2017: A story of two halves

This year has been one of the most exciting in the history of the oil market. It is the year that OPEC regained control over the oil market after years of weakened influence in which it became the “most irrelevant relevant organization.”

December 06, 2017

OPEC deal: One year over, another left

Today, OPEC ministers and their counterparts outside the group will celebrate a special occasion in Vienna’s historical Palais Niederösterreich: The end of the first year of the production-cuts agreement.

November 28, 2017

What surprises does OPEC have?

There are two weeks left until ministers of OPEC and their non-OPEC counterparts meet in Vienna to discuss the fate of their current agreement to curtail production, yet OPEC’s officials are still talking about surprises.

November 22, 2017