OPEC dispute sends oil market reeling
U.A.E. prepares for a post-oil world, endeavouring to make the best of the oil it has before demand shrinks for good
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Author: Rashid Husain Syed
Saudi Arabia losing its clout within OPEC+ and the Middle East
As OPEC+ talks to increase crude oil production stall, the Saudis seem to have lost a key ally in the United Arab Emirates
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Bleak clouds over the crude oil horizon are dissipating
But much still depends on United States-Iran nuclear talks and how OPEC+ members will react to any deal
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Rising demand and prices suggest an oil market resurgence
Oil traders betting on higher crude prices for second half of the year. Analysts say US$100 oil is a distinct possibility
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Short-term gains on the crude oil market as climate change looms
The International Energy Agency now concedes that rising oil demand and the short-term policies of various nations were at odds with its call to end new oil, gas and coal funding
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