RIAC :: OPEC,Saudi Arabia,Iran

Search: OPEC,Saudi Arabia,Iran (2 materials)

Is Oil-And-Gas Friendship Possible Between Russia and Saudi Arabia?

... meeting on 30 November, at which the member nations are hoping to agree on individual production quotas and a freeze date. In the foreseeable future, global crude output is set to grow not because of Russian or Saudi production but rather thanks to Iraq, Iran and possibly also Libya and Nigeria. Russia's cooperation with Saudi Arabia bypassing OPEC appears ineffective. The two countries' combined crude output amounts to just 22% of global production [1] ; cutting back production would not achieve much, while losing them their market share. Moreover, in the foreseeable future, global crude ...

14.11.2016

analytics

Are We about to Witness the Biggest Oil Crisis since 1986?

... dynamic in 1986 and 2015 based on similar trends that prevail in the market at the time. OPEC’s decision to sustain daily oil output over supporting the price of crude... ... 10.713mln bbl setting a post-Soviet output record. Once the energy sanctions against Iran are lifted the country’s goal will be to empty existing storage facilities... ... National budgets of OPEC members are now critically dependent on the price of oil. Saudi Arabia, for example, had to issue first sovereign bond since 2007 to cover the...

29.07.2015

analytics

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In your opinion, what are the US long-term goals for Russia?

U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements	33 (31%)
U.S. wants to deter Russia’s military and political activity	30 (28%)
U.S. wants to dissolve Russia	24 (22%)
U.S. wants to establish alliance relations with Russia under the US conditions to rival China	21 (19%)