Podcasts Jun 9, 2020 | 09:15 GMTJun 9, 2020
In this Essential Geopolitics podcast from Stratfor, a RANE company, Emily Donahue speaks with Stratfor's Director, Global Energy and Middle East, Greg Priddy about the Saudi currency peg.
A Crude Recovery
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Snapshots Jun 2, 2020 | 14:41 GMTJun 2, 2020
Given the faster-than-expected recovery in oil prices, OPEC and its allies will reportedly consider a Saudi-Russian compromise to only briefly delay the tapering of current cuts.
Assessments Jun 2, 2020 | 10:00 GMTJun 2, 2020
The current peg of Saudi riyals to the U.S. dollar is not in immediate jeopardy, but a new normal of lower oil prices will likely force the kingdom to devalue its currency in the next five years.
By Greg Priddy
Assessments May 27, 2020 | 10:00 GMTMay 27, 2020
By slashing demand for foreign labor, the global economic fallout from COVID-19 will deprive Gulf countries of some of the highly skilled workers needed to grow and diversify their oil-dependent economies.
Assessments May 20, 2020 | 10:00 GMTMay 20, 2020
As COVID-19 saps demand, Riyadh is recognizing that it will eventually need to adjust its spending habits to the global oil market, instead of the other way around.
By Greg Priddy
Assessments May 1, 2020 | 10:00 GMTMay 1, 2020
The sharp loss of oil and gas revenue will disrupt Gulf states' diversification plans, even as it proves the very need to broaden their energy-based economies.
Podcasts Apr 23, 2020 | 11:00 GMTApr 23, 2020
Why did West Texas Intermediate, the main U.S. crude oil benchmark, go to negative prices Monday afternoon and where do producers go from here?
Assessments Apr 17, 2020 | 10:00 GMTApr 17, 2020
By highlighting the country’s severe vulnerability to global market shocks, the pandemic is increasing pressure on Algeria’s government to quickly diversify its oil-dependent economy.
Guidance Apr 14, 2020 | 17:21 GMTApr 14, 2020
COVID-19 market shocks have prompted the world’s oil producers to approve the biggest-ever production cut, though the move is still unlikely to keep prices from falling further.
By Greg Priddy
Assessments Mar 18, 2020 | 10:00 GMTMar 18, 2020
Riyadh has underestimated just how long Moscow can endure the pain of low oil prices, which could come to its own detriment and that of other oil producers amid growing coronavirus concerns.
By Greg Priddy
