Return of the price war? Belarus may be the final straw

Russia has increasingly more reasons to abandon the OPEC+ agreement and revert to a price war. By going against the cartel and its powerful members, Moscow would be able to keep tabs on the situation in Europe and in Belarus and grow its assets in Asia – writes Wojciech Jakóbik, editor in chief at BizensAlert.pl.

Crude oil: Further OPEC+ cuts needed?

There is a clear battle going on in the oil market- uncertainty over demand growth versus a constructive supply picture in the near term. But which will prevail? For the remainder of this year, the market should tighten, but moving into 2020 we see a looser balance once again – writes Warren Patterson from ING.

A fly in Trump’s ointment in the UN

The President of the United States, Donald Trump, made statements about oil, Baltic Pipe and Nord Stream 2 beneficial to the interest of Poland and at least one that threatens them. Does the US announce a new isolationism? Should Trump’s words be taken seriously? – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

A game of the oil market

Russia won the game against Saudi Arabia during the World Cup and scored 5:0. What was more important, however, was the behind-the-scenes talk about the future of the oil agreement – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

The oil agreement like a self-fulfilling prophecy

Last Friday, the eighth meeting of the ministerial commission monitoring the OPEC + groups took place in Saudi Arabia. Manufacturers intend to continue to raise the price of crude oil, despite the risk of increased extraction from competitors from the USA. Will the market believe them? – wonders Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

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