…catastrophic oil spills. You make them as rare as humanly possible but where would you rather have one – in the Gulf of Mexico, upon which thousands depend for their…

…by The Iran War,” OilPrice.com The Iran war triggered major disruptions across multiple commodity markets, with crude oil, LNG, fertilizers, petro-chemicals, and aluminum experiencing severe supply shortages, higher costs, and…

…an oil price war going on. Of course this will tend to cushion the recession for oil consumers. But the US has become a small net oil exporter, and reports…

Having greater oil reserves gives the UAE leverage to strike out on its own. The UAE nation has not been supplying more oil due to imposed restrictions by Organization of…

…From the consumer’s point of view, oil is now more expensive than it was in the wake of the first oil shock. From the point of view of businesses, oil…

…hold more. Now the price of crude includes the cost of holding that inventory essentially the oil exporters are supplying oil *and* storage. The price is higher than the price…

…about $4.25 a gallon for the “choke collar” to engage. 3. Vs. GDP Oil analyst Steven Kopitsin the past has written that every time Oil prices rise to a level…

…than half of the world’s oil, about 55% of it.  OPEC+ countries cooperate to reduce market competition and raise prices.  The cost of oil has dropped steadily during the course…

…oil at about $80 — where oil bottomed last year and again this year. Very few people are incorporating this structural change in the oil market into their analysis. Spencer…

…Russian-Ukrainian border, and the threat of another missile attack on Gulf oil infrastructure from Iranian backed Houthis. and then reached a seven-year high intraday high of $88.84 a barrel early in the…