OPEC forecast another year of steady oil demand growth ... report on Jan. 15. In theory, that should allow Saudi Arabia and its OPEC+ partners to revive halted production, ultimately restoring ...

OPEC, a cartel of ... given the reliance on oil for production, shipping, and delivery of physical products. The problem with the basic supply and demand theory is that distribution and refinement ...

The Organisation of the Petroleum Exporting Countries (OPEC ... production of petroleum products at the multi-billion dollar Dangote Refinery. In the latest edition of its Monthly Oil Market ...

Read: Here's how long it may take for oil's gains to show up in gas prices at the pump "In theory ... Trump last month had called on OPEC to boost oil production. There was some speculation ...

The UN-led COP process, after 29 tries, continues to assemble tens of thousands of earnest tourists from 190 countries, to come to consensus on nothing meaningful. COP 28 made the startling ...

The latest Short Term Energy Outlook estimates that production ... oil producing basins (Permian, Eagle Ford, Bakken) than since the EIA started publishing the statistics. This is not a new theory.

You have to draw the line somewhere. And for me the line is the first five days. I mean, how is anyone supposed to keep up with the torrent of news coming out of Trump White House?

Horizon Kinetics have published their Q4 2024 Commentary. How’d we do? How’d the market do? What to expect now? Click here to ...

it could potentially lower global oil prices and weaken OPEC’s ability to control pricing through production cuts or quotas, as the market would become more competitive with US oil flooding the ...

Von Neumann’s Game Theory can model strategic behaviour ... Biden’s move was priced into the oil market, the reason Brent fell from 86 to 78 since early November. Now Joe Biden and OPEC are engaged in ...

These facilities, pillars of reliability in a state that once prided itself on self-sufficient energy production, are being shuttered due ... a modest yet dependable 167 MW oil-fired plant. It quietly ...