Oil

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OPEC+ Stays Put as Russia Oil Price Cap and EU Embargo Come Into Force

The oil market is showing concerns over weakening oil demand, and new Western sanctions on Russia have introduced an added element of uncertainty in a market already reeling from the repercussions of the Ukraine crisis.

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Event Report – Petro Diplomacy: Gulf Countries on the Front Line of Energy Security

The Arab Gulf States Institute in Washington's eighth annual Petro Diplomacy conference examined the upheaval in the oil and gas markets following Russia’s invasion of Ukraine and the role of Gulf Arab oil producing states in meeting the sudden demand surge.

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OPEC+ to Cut Production, but Should Heed Energy Market Shifts

OPEC’s oil market management could be more nuanced than the blunt instrument of quotas, and should OPEC recast its mission as assisting its members in energy transition and economic diversification, it might attract less opprobrium.

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An Oil-Spill Disaster is Looming in Yemen, and the World Can’t Afford to Wait

The FSO Safer is a ticking time bomb. The U.N. has a plan to address the issue of the decaying oil tanker, but it must be resolved now before it becomes an environmental tragedy.

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Libya Resumes Pumping Oil, but Political Crisis Drags On

U.N. diplomatic efforts on the ground keep a lid on the conflict, but the prospects for a roadmap to elections – and greater stability – remain dim.

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Evolving Chinese Demand for Gulf Oil and Gas

China’s willingness to boost imports of discounted Russian crude oil reinforces why Gulf oil- and gas-producing states should strive for diversified energy partnerships.

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Oil Price Rally Resumes After Biden Leaves Saudi Arabia

The U.S. president got promises but no firm commitments on an oil production increase during his visit to Saudi Arabia.

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The European Union and Gulf Energy: A Gateway for Cooperation

In recent years, the EU has been inattentive to the GCC, but the immediate Ukrainian crisis and the long-term climate crisis have combined to jolt Brussels out of this complacency.

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OPEC+ Producers Move to Ease Supply Crunch, but the Market Still Wants More

The alliance of producers is hastening the timetable to restore barrels of oil to the market in a deft diplomatic maneuver that has been welcomed by Washington and Moscow.

Gulf Net-Zero Pledges in a Challenging Global Energy Security Environment

Gulf states will have to reconcile their plans for increasing oil and gas production and investments in fossil fuels with their ambitious climate targets.

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Through its careful examination of the forces shaping the evolution of Gulf societies and the new generation of emerging leaders, AGSIW facilitates a richer understanding of the role the countries in this key geostrategic region can be expected to play in the 21st century.

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