2020/06/14
Strategic Council Online: The new OPEC Plus agreement was reached at a time when even zero sums was experienced in the market. From this perspective OPEC Plus countries have agreed to prevent a recurrence of such a situation, but as soon as they feel the conditions in the global oil market are back to normal, they may be tempted to violate the agreement. At the same time, the conditions for increasing demand do not seem to be stable and continuous, and it is possible that corona pandemic leave its impacts on the oil market again out of the need to impose quarantine and close part of its production and service activities.
Reza Majidzadeh – Researcher in Political and Economic Development
2020/05/06
Strategic Council Online: Given the agreement reached to reduce oil supply by the OPEC Plus States and the possibility of reducing the impact of the corona crisis on demand, oil prices are expected to rise in the next two to three months.
Mohammad Sadegh Jokar – Energy Expert
2020/04/25
Strategic Council Online: In the context of global oil demand, corona epidemic has the greatest impact on future demand, and the likelihood that global oil demand will continue to be small in the next three months is high.
Reza Majidzadeh – Developmental Political Economy Researcher
2020/04/14
Strategic Council Online: The Saudi-Russian agreement on oil output cut has revived the role of the United States, which was being forgotten as a result of falling oil prices and the lack of economic efficiency in shale oil extraction, and the United States is effectively playing an influential role in the global oil market.
Sabah Zanganeh – Expert on International Affairs
2020/04/13
Strategic Council Online: It appears the Trump administration’s most important tactic for rising oil prices is to put pressure on Saudi Arabia to drag Russia into an output cut deal and to threaten imposition of tariffs on oil imports from Saudi Arabia.
Reza Majidzadeh – International Political Economy Researcher
