The Status of Global Oil Production (Part 2)
I don’t expect oil production from the Middle East OPEC countries to significantly exceed the production rates of 2018/2019 in the future irrespective of what the U.S. wants them to produce.
Middle East oil production
Michael Klare, It’s Always the Oil
If the United States goes to war with Iran, you are unlikely to hear the word “oil” uttered by top Trump administration officials, but make no mistake: that three-letter word lies at the root of the present crisis, not to speak of the world’s long-term fate.
Persian Gulf Oil Export Peak after Tanker Attacks?
Oil exports from the Persian Gulf have been peaking in the last 3 years 2016-2018 at around 22.3 mb/d. That was before the US sanctions on Iran were tightened in the 1st half of 2019.
ISIL and the Confused Energy Picture
For everyone following today’s energy developments the overall picture is confusing, to say the least.
Peak Oil Crisis: The Middle East in Context
While awaiting further developments in the Syrian poison gas crisis, it is good time to review the general deterioration going on across the Middle East and the outlook for oil production from the region.