When Iran Negotiations Aren’t About Iran

By the Editors of OilPrice.com Premium: Bottom Line: What is important to understand about negotiations with Iran over its nuclear program is that is has less to do with nuclear issues than it does with the back-room diplomatic dance that has Israel, Saudi Arabia and France doing everything in their power to derail Washington’s plans. Analysis: The […]

US Passes Saudi Arabia to Become the World’s Largest Oil Producer

PIRA, a leading consultancy in worldwide energy market analysis, recently announced that the US has finally surpassed Saudi Arabia as the largest oil producer in the world, after an explosion in the use of hydraulic fracking created the largest oil boom in nearly 40 years, only beaten by the production boom in Saudi Arabia between 1970 […]

What to Watch for 2013: MENA Edition

2012 has been quite another rollercoaster year for the Middle East, including rocky transitions, flareups and protracted conflict. Meanwhile the region finally started benefitting from the lagged effect of higher oil prices. 2013 will no doubt bring more of the same, particularly as populations and leaders struggle to begin responding to economic grievances. Clockwise from […]

QE3: Buoying the GCC

The Economonitor’s QE3 week is perfect timing as we’ve been thinking a lot about the effects of the latest bouts of global monetary stimulus on the Middle East and North Africa – as summarized in part of our omnibus MENA quarterly presentation. We argue there that even though EMs and to a lesser extent frontier […]

MENA: No Reforms, No Growth

Middle East and North Africa (MENA): hard choices needed, but unlikely. For political transitions to be successful, economic fundamentals need to be solid. Yet, MENA countries are facing political change and pressing social demands while enduring economic strains. The sluggish global outlook, the Eurozone (EZ) recession, and China’s deceleration hamper exports, remittances and capital inflows. […]

QIA: A Taste for Commodities

In the last month, even as markets have sold off on worsening macro news, many SWF watchers in the press remain  agog over the recent flurry of purchases by the Qatar Investment Authority across the commodities space, particularly the energy sector, as well as some other extensive purchases.  It seems a good time (if a […]