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Energy

Amid a Pandemic, a Global Oil Alliance Emerges

The dramatic crash in oil prices has led the global energy community to coordinate production cuts to stabilize market conditions.

A pumpjack is pictured as a storm moves in, Oklahoma City, Oklahoma, April 21. (AP Photo/Sue Ogrocki)

After Agreement to Cut Production, What’s Next for Oil- and Gas-Producing Countries?

On April 21, AGSIW hosted a virtual panel discussion analyzing the historic deal that ended the oil price war between Saudi Arabia and Russia.

Saudi Minister of Energy Prince Abdulaziz bin Salman Al-Saud, third right, chairs a virtual summit of G20 energy ministers, Riyadh, Saudi Arabia, April 10. (Saudi Energy Ministry via AP)

South Asian Energy Demand Destruction Highlights Gulf Vulnerabilities

The world’s largest coronavirus lockdown in South Asia is placing unprecedented downward pressure on energy demand.

Qatari Emir Tamim bin Hamad al-Thani, center left, walks with Pakistani Prime Minister Imran Khan upon his arrival in Rawalpindi, Pakistan, June 22, 2019. (Press Information Department via AP)

Oil Price War Tests Saudi-Russian Investment Cooperation

The collapse of the OPEC+ production agreement and the ensuing oil price war place pressure on joint investment initiatives spearheaded by Saudi and Russian sovereign wealth funds.

(From right to left) Kirill Dmitriev, CEO of the Russian Direct Investment Fund, Yasir al-Rumayyan, chief of Saudi Arabia's Public Investment Fund, and Khaldoon Khalifa al-Mubarak, CEO of Mubadala, leave after speaking at the Future Investment Initiative conference, Riyadh, Saudi Arabia, Oct. 23, 2018. (AP Photo/Amr Nabil)

Saudi Arabia Races to Boost Output as it Takes on Russian and U.S. Oil

Saudi Arabia’s decision to proceed with plans to ramp up its oil production capacity despite collapsing demand during a global health crisis may seem rash. But is it?

A security person wears a mask as he checks a vehicle entering a compound for Saudi Aramco, Jeddah, Saudi Arabia, March 9. (AP Photo/Amr Nabil)

The Big Gamble of Mohammed bin Salman – and Saudi Arabia

Aggressive moves both at home and in global oil markets demonstrate Crown Prince Mohammed bin Salman’s control over decision making, with the Saudi public invested as never before.

A banner showing Saudi King Salman bin Abdulaziz, right, and Crown Prince Mohammed bin Salman, hangs on a tower in Jeddah, Saudi Arabia, Oct. 11, 2019. (AP Photo/Amr Nabil)

Oil Outlook, Coronavirus Challenge Gulf’s Economic Diversification

The region’s digital economy is poised to play a greater role in economic diversification strategies as crisis management measures give way to longer-term planning.

A parking lot attendant walks through a typically full parking lot now largely empty due to the coronavirus pandemic, Dubai, United Arab Emirates, March 16. (AP Photo/Jon Gambrell)

Russian-Saudi Breakup May Not End in Divorce

Russia may be able to withstand more pain from the collapse in oil prices than other producers, but cooperation in global energy markets is only one pillar of Russian-Gulf ties.

OPEC Secretary-General Mohammed Barkindo, left, Saudi Energy Minister Prince Abdulaziz bin Salman, center, and Russian Energy Minister Alexander Novak, attend a news conference after an OPEC meeting in Abu Dhabi, United Arab Emirates, Sept. 12, 2019. (AP Photo/Jon Gambrell)