Faisal Faeq

An energy adviser and columnist. Former chief of energy studies at OPEC Secretariat.

Why is the US cutting its oil reserves?

Conflicting signals from the US government over its intentions for one of the superpower’s main energy assets have been reverberating around oil…

The IEA: A champion of sustainable errors

“There is an organisation called the International Energy Agency; I think it has proven that it takes a really special talent to be consistently…

Is the petrodollar losing its lustre?

The petrodollar — which refers to the designation of the US dollar as the accredited currency in the purchase and sale of petroleum — has long been a…

Why did OPEC+ producers cut oil output?

The announcement by OPEC+ producers of a further oil output cut of 1.6 million barrels per day has shocked the oil markets.The cut, effective from 1…