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So far rclark has created 27 blog entries.

Saudi Arabia searches for U.S. shale-oil deal

December 20, 2017|

Sarah McFarlane and Summer Said

Saudi Arabia is hunting for an energy deal in American shale country.

Saudi Arabian Oil Co., known as Aramco, has had initial conversations about

Oil prices are spiking toward 2½-year highs after OPEC extends output cuts

December 1, 2017|

●  Oil prices spike toward 2½-year highs.
●  The surge follows a decision on Thursday by two dozen oil-producing nations to limit their      output through the end of

There may be a ‘Game of Thrones’ in Saudi Arabia now and that has big implications for oil

November 16, 2017|

●  Prince Mohammad Bin Salman, known as “MBS,” is consolidating power to his family and its      allies before he takes the throne.

●  “The key question now is

A lightning fast rally in oil prices is reversing. Here’s why

November 15, 2017|

●  Crude oil futures are selling off after a downbeat forecast for demand growth and on fears of       rising U.S. output.
●  Analysts say the market was poised for

How Saudi Crown Prince Mohammed Bin Salman Purged Rivals

November 13, 2017|


The first hint that something was amiss came in a letter.

On Nov. 4, guests at Riyadh’s Ritz-Carlton were notified by the opulent hotel that: “Due to unforeseen booking

Morgan Stanley raises its oil price forecast, warns US shale may struggle to meet demand

November 7, 2017|


●  Morgan Stanley raised its price targets on oil by $7 to $9 per barrel.
●  The market will need more U.S. shale oil because OPEC and

Oil market trends are setting the foundation for higher crude prices, Schlumberger says

October 20, 2017|

Oil market trends are setting the foundation for higher crude prices,
Schlumberger says.

●  Positive oil market trends and declining crude stockpiles are “creating the required      foundation” for higher

Iraq made ‘declaration of war’ when its troops seized parts of oil-rich region, Kurdish forces say

October 15, 2017|

●  Iraq’s national army advance and take areas in and around the oil city of Kirkuk.
●  Oil prices jump on the news, with U.S. crude rising toward a

Russia rolls out the red carpet for Saudi king with billion-dollar deals on the table

October 5, 2017|

By Holly Ellyatt

King Salman of Saudi Arabia visits Russia

Russia is rolling out the red carpet for King

Two October surprises could boost oil prices above $50

August 22, 2017|

●  Oil prices will remain stuck around $50 a barrel unless the market gets an “October
surprise,” one analyst says.
●  Venezuela’s state oil giant is barreling toward a debt