Bloomberg news points to continued trends in oil production and prices. Yves Smith also comments here. …Conventional oil producers in OPEC can no longer dictate prices, United Arab Emirates Energy…

From WSJ, low oil prices can be locked in for a year… (link) Remember, it also depends on what currency you buy the oil with… The US dollar is getting…

by Barkley Rosser at Econospeak Has The Oil Price Drop Come To An End? Very likely. Reports from November report that the Saudi government has been preparing its budget for…

…to cut ties with Steyer, a hedge fund manager who had spent money to aid environmental groups’ successful crusade to kill the Keystone XL oil pipeline. Building Trades had been…

…question: has Venezuelan policy been a world avatar of “socialism”? Chavez avoided such claims, even as he cut a deal with Cuba for them to provide doctors for oil, a…

September Trade Deficit Rises 11.2% to a Record High on Lower Exports of Precious Metals, Oil & Oil Products and Capital Goods, MarketWatch 666, Commenter and Blogger RJS Our trade…

…were crying terribly so. It was a Russia, Saudi, US deal. Mexico was not keen to it. At the time, oil demand was down 35%. April 2020 oil was $23/barrel….

…decreasing, especially since China stopped accepting the West’s plastic waste in 2018. Energy “Saudis Sought Oil Production Cut So Deep It Surprised Even Russia,” (theintercept.com), Ken Klippenstein.  Oil cartel OPEC+’s…

…hold prices back was the Strategic Oil Reserve from which Biden released sweet oil for sours oil is exchange. The US had a greater capacity for refining sour oil. As…

…The CEO of the largest oil company in the world, Saudi Aramco has said “We should abandon the fantasy of phasing out oil and gas.” His colleague, Exxon CEO Darren…