The usually cautious Paris-based International Energy Agency (IEA), the club of the rich Western consumer countries, did not mince words when it stated in its monthly market report on Friday, "It is increasingly clear that we have begun a new chapter in the history of the oil markets."
November 20, 2014
The recent IMF report on Middle East countries highlighted the dilemma of forecasting business in a volatile environment like the one addressed in the report.
November 09, 2014
The drop in oil prices have initiated arguments all over.
November 02, 2014
It is no longer a issue of whispering in the corridors of the oil industry. It is now part of public debate. Is Saudi Arabia launching an oil price war in tandem with the US to undermine or at least weaken energy dependent adversaries Russia and Iran?
October 25, 2014
The Gulf region has emerged as the only place with relative economic stability and potential for growth in the latest International Monetary Fund (IMF) World Economic Outlook, released earlier this month. But challenges remain.
October 12, 2014
The recent country report from the International Monetary Fund (IMF) was upbeat about the Kingdom’s economy pointing out that the main risk facing this economy is the fluctuation of the global oil market and that diversification remains the main challenge facing the Kingdom’s economic planners.
September 28, 2014
The Islamic Development Bank’s (IsDB) successful sukuk issue clearly demonstrates the market remains open to welcoming this kind of financial activity. Also, the Islamic finance industry should face its challenges head-on.
September 21, 2014
Come Thursday morning, 4.1 million Scots, including 124, 000 new electorate teenagers, are expected to decide the future not only of Scotland as an independent state or to stay within the Union Jack, but will also determine the future of England itself and its position in the world.
September 14, 2014
Aside from the debate on who actually won in the five weeks of Gaza war between Israel and Hamas, the focus will be on future negotiations in September and whether they will indicate a serious shift in the Israeli thinking and address the occupation issue and provide some hope for the Palestinian
August 31, 2014
These are really changing times. It is no longer enough to have a coup, a plane hijack or violence erupting in one oil producing country to have prices skyrocketing.
August 27, 2014