Search Results for: opec

My Al Jazeera: After EU (finally!) puts sanctions, the Saudis & OPEC move quickly to occupy Russia’s lost market shares | The world has abundant oil to develop [EN audio/AR video]

A few points: There was much concern over the past few months that OPEC (or OPEC+) was not going to assist the EU and USA with their embargos on Russian oil by producing more oil. President Joe Biden had asked … Continue reading

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My Al Jazeera: Yes, the EU can embargo Russian oil now: OPEC’s role, Germany’s Druzhba refineries OK, SPRs, weak demand. [Arabic & English]

Can the EU embargo Russian oil now? I explain yes, it can, and how. Also what OPEC will do. My Live Al Jazeera interview on 12.03.22 (ca. 00:20 CET, 18:20 EST). Here are the main points coved, quickly, from memory. … Continue reading

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My Al Jazeera comments: OPEC+ strikes delicate balance as UAE & Russia defy Saudis

Here’s an English transcript of my Al Jazeera comments on OPEC+ negotiations and some further remarks on the group’s agreement to raise production.Good evening from Berlin.Answer 1. Well, OPEC-Plus is faced with maintaining a very delicate balance.On the one hand, … Continue reading

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Putin’s OPEC tactics: Iran sanctions and the Saudis [IBD cites me]

Last week, Gillian Rich at Investor’s Business Daily (Washington), asked me (Berlin) and others about the OPEC’s 20-21 June meeting. Below here, I give my views in more detail, including the tie-in to the Trump project to isolate Iran and … Continue reading

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Trump’s promise to “stay totally independent” of OPEC is populist hype [My IBD interview]

Contrary to his campaign hype (see article below), Trump-as-president will not do anything to interfere with the free flow of oil or gas to or from the USA.  As I pointed out in the Investors Business Daily interview (Gillian Rich’s … Continue reading

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Putin’s new OPEC role reflects the toll of low oil prices on Russia [IBD quotes me]

I was interviewed by Gillian Rich at Investors Business Daily (Washington, DC) on non-OPEC Russia’s role in the production cut.  The article of December 9, is below. A few points first: 1: President Putin and his minister of energy Alexander … Continue reading

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My CNNMoney quote & 3 points: OPEC v shale, Russia’s new role & Trump-buddy Hamm is pro Saudi price band

  I was interviewed by Matt Egan of CNNMoney. Three points, if I may: This story echoes my message in Berlin Policy Journal earlier this week and my RTRadio interview: OPEC now has to live with a new oil-market paradigm where … Continue reading

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An Oil-Price War´s Surprise Ending -My BPJ article on OPEC, Shale, Trump, Market & Geopolitics

Here`s my latest at Berlin Policy Journal:  about  OPEC`s 30 Novermber meeting, US shale and the geopolitics from the  Trump Administration towards Iran and the Saudis. – Tom O`D. An Oil-Price War’s Surprise Ending No one expected shale producers to survive … Continue reading

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Saudi & Russia seek oil deal as OPEC fight v US shale fails [My RTRadio Interview]

RT Radio-Edinburgh’s Jack Foster interviewed me on the upcoming 30 November OPEC summit where the Saudis hope to set a cap on OPEC and Russian production. Here’s the interview:   Listen from time-stamp 9:00-to-17:30 (Streaming MP3)  This would  mark the first-ever Russian … Continue reading

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Aside

Last night Investor’s Business Daily NEWS’ Gillin Rich interviewed me. The title reflects some rumors, but my point of view, as she reports, emphasizes market realities that bode against any output limit – esp. if the Iranians are still intransigent … and … Continue reading

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Don’t write off American oil boom despite OPEC – CNNMoney cites my analysis

I was interviewed today by CNNMoney’s Matt Egan on what  OPEC should expect from US shale as they hold their 169th “Ordinary Meeting” in Vienna tomorrow (2 June).  Indeed, at some point oil production and demand will balance (likely in 2017), … Continue reading

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I’m quoted by MarketWatch: Five key issues for OPEC’s June meet

“Market share is market share and it is not in Saudi interest to make any concession on output that grants Tehran greater market share without significant concessions on other matters such as Syria, Yemen and similar,” said Thomas O’Donnell Continue reading

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The EU-US “Oil Weapon”: Putin’s overtures to OPEC, China & Iran reveal desperation

Presidents Rouhani of Iran and Putin of Russia holding discussions (AICGS Analysis, by Tom O’Donnell)  Since Russia’s president, Vladimir Putin, decided to annex Crimea and back east Ukrainian separatists with troops, many have worried he might use his “energy weapon” … Continue reading

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Watch: Falling Oil Price & Geopolitics – Saudis & OPEC, Russia, USA, .. | My Real News Network interview

A wide-ranging interview on the “perfect storm” of low prices from low demand plus rising production, the Saudi market strategy and some geopolitical implications.

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Cracks in OPEC – Political-Economic basis for two factions with two different geopolitical roles

Northampton, MA (Area of “the five colleges,”  UMass Amhers, etc.) On Thursday, the lead headline story in the WSJ asserted “New Cracks in Oil Cartel: OPEC Fails to Agree on Production Boost Amid Rising Saudi-Iran Tensions.”  The “cracks” may have widened at … Continue reading

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