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Faisal Mrza

Faisal Mrza is an energy and oil market adviser. He was formerly with OPEC and Saudi Aramco. Reach him on Twitter: @faisalmrza

14 November 2018 02:49 PM

Iran’s call on OPEC to kill off key committees is misguided

Last week, Iran requested that OPEC officially abandon JMMC and JTC.

07 November 2018 11:38 AM

Questions over reliability of IEA forecasts

Since the start of 2018, the Paris-based International Energy Agency (IEA) has constantly been putting forward pessimistic forecasts to halt rising oil prices.

01 November 2018 01:13 PM

Iran oil sanctions pose opportunity for US producers

Iran has asserted that no OPEC member can take over its share of oil exports. This has created a quandary, as only OPEC producers in the Arabian Gulf have crude available with a sulfur level above 0.5 percent, matching Iran’s sour crude.

28 October 2018 09:59 AM

Speculators play bigger role on downward sentiment

So far, oil prices have responded to geopolitical factors in a relatively calm fashion, with prices still remaining in the $70-$80 range.

21 October 2018 01:21 PM

Little change in oil prices as supply concerns ease

Oil prices haven’t changed much over the past week. Brent Crude fell slightly below $80 per barrel for the first time in a month and settled at $79.78 per barrel by the week-ending close on Friday. WTI also fell slightly below $70 per barrel for the first time since mid-September and settled at $69.12 per barrel by the end of the week.