Energy

OPEC+ supply cuts starting in May could aggravate an expected oil supply deficit in the second half of 2023 at a period of greater economic uncertainty.

A wary ruling from an international court of arbitration against Turkey complicates relations among Baghdad, Ankara, and Erbil.

While the global energy transition will present challenges for the Gulf Arab states, there are climate-compatible ways to use a significant portion of Gulf hydrocarbon reserves.

While the Basra-Aqaba pipeline project promises economic, energy, and security benefits for Iraq and Jordan, high costs and political and security risks pose huge feasibility challenges.

Whether oil supply will match an anticipated demand surge hinges on Russia’s response to sanctions and OPEC+ output policy.

Oil market reports highlight uncertainties relating to the speed of the recovery in China and the impact of sanctions on Russian oil exports.

AGSIW experts explain the regional trends they’ll be following most closely as the year unfolds.

The oil market is showing concerns over weakening oil demand, and new Western sanctions on Russia have introduced an added element of uncertainty in a market already reeling from the repercussions of the Ukraine crisis.