Tag: oil prices

As a long-time oil economics researcher, I have spent more than a quarter century doing research on oil markets. Most of my research considered the…

There is more than one reason to store oil as producers turn out more oil than the world demands, which is the case now. Stored…

Oil prices have plunged by more than 40 percent in the last six months and if they go below $60 a barrel, and they should,…

OPEC will have its incoming meeting Nov. 27. This is a considerably important meeting for oil prices, global economic growth and all motorists in the…

To implement its oil market share stabilization policy, Saudi Arabia is launching a three-prong price war against the United States, Russia and Iran. With objectives…

Oil prices declined by 16 percent since the June high. Why are oil prices declining? What’s the role in the decline? While the oil price…