After withdrawal from OPEC, Qatar can start to market Iranian oil to Asia and Europe, Sam Barden, director of the international trading and consulting company SBI Markets, told Trend Dec. 4. This decision is a politically and economically right thing to do, he said. “There is absolutely no benefit to Qatar to remain a member […]
By Dalga Khatinoglu – Trend: A senior energy expert believes that despite a huge decrease in global upstream oil and gas sectors, Iran has a better chance of absorbing foreign investments than other oil producers. Iran has announced that $185 billion investment is needed in its upstream oil and gas sector, as well as $70 […]
The recent high-profile arrests in Saudi Arabia are unlikely to have a long-term impact on world oil prices, energy experts told Trend. Sam Barden, Director of SBI Markets, an international commodity trading and advisory company, believes that this can undermine Saudi Arabia’s reliability as an oil supplier.