Author: Rashid Husain Syed

Russia resistant to economic pressure imposed by sanctions. For now

Posted by Rashid Husain Syed | Jan 30, 2023

Could easily employ sanctions-avoiding mechanisms perfected by Iran

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Forecast calls for a strong recovery in crude oil demand

Posted by Rashid Husain Syed | Jan 23, 2023

Thanks mainly to China finally emerging from its Covid-19 lockdowns

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Oil price cap costing Russia an estimated €160 million per day

Posted by Rashid Husain Syed | Jan 16, 2023

But Russia is still taking in €640 million a day from the sale of fossil fuels

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DOE expects further weakening in oil prices

Posted by Rashid Husain Syed | Jan 9, 2023

DOE announcement to back away from any crude purchases for February is a warning sign

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Oil price forecast for 2023 all over the map

Posted by Rashid Husain Syed | Jan 3, 2023

The price of oil could end up anywhere between US$70 to US$121

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