August 8, 2018
| Andrew J. Stanley, Sarah Ladislaw, Frank A. VerrastroThe complex geopolitical, economic, and logistical considerations involved make it very difficult to predict how much Iranian oil will ultimately come off the market and estimates vary widely.
June 25, 2018
| Frank A. Verrastro, Larry Goldstein, Albert HelmigU.S. light tight oil continues to impress, although logistical constraints, especially pipeline bottlenecks in evacuating Permian oil and associated gas, could hamper or at least delay further near-term increases.
Venezuela’s loss of production volumes was the largest global unplanned fall in crude oil output in 2017, a trend that has continued to intensify into 2018 and has the potential to get significantly worse in the coming months.
June 11, 2018
| Frank A. Verrastro, Larry Goldstein, Albert HelmigThe global oil market continues to evolve in both predictable and yet uncertain ways. Like previous OPEC meetings, next week’s discussions, including the emerging rifts between the larger members with spare capacity and those without such luxury, will need to be managed.
May 31, 2018
| Frank A. Verrastro, Andrew J. StanleyWhile higher oil prices have provided Venezuela with an economic lifeline in the past, the dramatic collapse of production and exports makes it increasingly impossible for even such revenue inflows to alter Venezuela’s fate.
As Venezuela has descended further into economic and political turmoil, a lack of revenues has put the nation on the brink of default on several occasions, raising the question as to whether the country is “Too Big to Fail or Too Broken to Fix.”