ENERGY

Authored by Simon Watkins via OilPrice.com,

There are three key determinants of how high oil prices will go from here.

• First, whether it is in the financial interests of the key players who have been pushing them higher to keep doing so.

• Second, whether it is in their geopolitical interests to keep doing so.

• And third, what other oil market players negatively affected by rising oil prices can do to bring them lower (more…)

Oil prices managed gains on the day amid utter carnage everywhere else, bouncing off 3-week lows after 3 straight daily declines, as traders look ahead to an OPEC+ meeting of…

In 2022 oil prices peaked at more than $100 per barrel, hitting an eight-year high, after a full year of turmoil in the energy markets in the wake of the Russian invasion of Ukraine.

Oil companies doubled their profits and the economies of the biggest oil producers in the world got a major boost.

But which countries are responsible for most of the world’s oil supply? Using data from the Statistical Review of World Energy by the Energy Institute, Visual Capitalist's Pallavi (more…)