The 5 Countries That Could Push Oil Prices Up
An unexpected disruption in Oil supply could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. Geopolitical tension has been largely irrelevant since the...
View ArticleOil Market Fears: War, Default And Nuclear Weapons
Although the U.S. oil situation is on the upswing there are a variety of factors affecting a number of other countries like Iran, Iraq, Saudi Arabia, Venezuela, and Russia, that could lead to...
View ArticleIEA: High Oil Prices “Taking A Toll” On Demand
Geopolitics has taken over the oil market, driving oil prices up to three-year highs. The inventory surplus has vanished, and more outages could push oil prices up even higher. Yet, there are some...
View ArticleOil Price War: Saudi Arabia vs. Iran
One of the first lessons in Econ 101 is Supply vs. Demand. If the supply is curtailed and demand stays the same the price will go up. A somewhat later lesson is that Government sanctions reduces supply...
View Article$100 Oil Is A Distinct Possibility
An oil price spike is starting to look increasingly possible, with a rerun of 2008 not entirely out of the question, according to a new report. The outages from Iran are worse than most analysts...
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