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 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 ...

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 ...

Even if things go badly, and this threatens to cause another spike in oil prices, it is extremely important that the Opec cartel of major producers ... This would be welcome but hardly a game changer.

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 ...

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.