Posted inChina, European Union, Germany, Iran, Israel, Middle East, Russia, Shanghai, South Asia, World

Oil and gas geopolitics: no shelter from the storm

Russia and Saudi Arabia are in deep debate on whether to raise OPEC and non-OPEC oil production by 1 million barrels a day to offset the drastic plunge in Venezuela’s production plus possible shortfalls when new US sanctions on Iran kick in in November. The problem is that even a production raise would not be […]

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