Behind the scary headlines about “oil shocks” and the Strait of Hormuz, the structure of the global energy market has changed in ways that make...
The Organization of the Petroleum Exporting Countries has just lost one of its most visible Arab Gulf members. The United Arab Emirates (UAE) announced its exit,...
The United Arab Emirates announced Tuesday that it will leave OPEC effective May 1, stripping the oil cartel of one of its largest producers and...
Nearly two weeks after US special forces invaded Venezuela to capture and extract Nicolás Maduro, many people believe that President Donald Trump was motivated to...
For decades, the global oil market has operated with a relatively clear division of roles. Producers, primarily organised within OPEC and later OPEC+, have had a...
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