At the end of last month, Saudi Arabia abolished flogging as a punishment, welcome news to adulterers in Riyadh and Jeddah’s cyber-criminals. However, the kingdom has o ..
Tag: OPEC
When we wrote our first piece on the circular nature of events in the offshore industry, less than three weeks ago (here), we never expected that we’d be revisiting the ..
Members of OPEC and allies (OPEC+), agreed to a historic production cut of 9.7 million barrels of crude oil per day (m/bpd) to reduce the massive production overhang and ..
Geopolitics is the dominating variable in the tanker market these days. With the OPEC+ negotiations falling apart and Saudi Arabia initiating an oil price war, the crude ..
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