Analysis of Causes for OPEC+ Decision to Cut Oil Production, Its Consequences

Analysis of Causes for OPEC+ Decision to Cut Oil Production, Its Consequences

Strategic Council Online – Interview: An expert on Saudi affairs stated that concerning the considerations the oil-producing countries had about the drop in oil prices, the decision to reduce supply by OPEC+ was probable. He added: Bin Salman, with bitter experiences in the past, emphasizes that the US should give special privileges to Saudi Arabia in exchange for lowering the price of oil, removing the pressure and considering the interests of that country.

The approach of Riyadh and Abu Dhabi in OPEC and its consequences

The approach of Riyadh and Abu Dhabi in OPEC and its consequences

Strategic Council Online—Interview: An energy economics expert stated that the statements made regarding considering the UAE’s withdrawal from OPEC seem to be just a negotiating tactic, adding that disagreements have always existed in OPEC, and it is not a new issue. It is not the case that a country announces that it will leave OPEC to increase its production. Both UAE and Saudi Arabia have already produced much more than their quotas and have added to it, and they have not left OPEC either.

Saudi Arabia & the Zionist Regime; challenges & Concerns ahead

Saudi Arabia & the Zionist Regime; challenges & Concerns ahead

Strategic Council Online – Opinion: Saudi Arabia policy versus the Zionist regime has always been impressed by domestic, regional and international elements as well as components. While the authorities of Al Saud have always tried to turn Palestinian issue as the axis of their Arabic – Islamic policy to draw a macro image of the so-called concerns of the kingdom, they have kept their connecting channels active for the development of their clandestine relations with the Zionist regime.
Kamran Karami, Researcher of Arabic Peninsula issues

Stark differences in the OPEC Plus meeting

Stark differences in the OPEC Plus meeting

Strategic Council Online-Interview: A regional affairs analyst says one of the main reasons behind proximity among the majority of OPEC member states to increase the production of oil in the recent OPEN Plus meeting was to maintain the shares of these countries in global markets so that they could address the demands of the market in the near future.

International implications of the reduction in the US shale oil production

International implications of the reduction in the US shale oil production

Strategic Council Online—Editorial: Bloomberg recently published a report on the end of remarkable growth in the production of shale oil by the United States; of course, the reduction of shale oil production is not a new phenomenon. It actually began several months ago. However, the recent report indicates a rapid reduction at a level some analysts cannot envisage a growth in the shale oil production even for the year 2023.
Reza Majidzadeh-Economics researcher