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US policy cranks up the risks to oil supply – and price


Geopolitics is never far from the fray. The oil market was chronically oversupplied a few months ago. Now Brent is back over US$70/bbl as tension builds around some of OPEC's bigger producers. Could prices go higher? For the answer, I

ESAI Energy: Stumbling into Military Conflict


The Joint Ministerial Monitoring Committee (JMMC) of OPEC met to assess the oil market and the impact of the OPEC+ production restraint. The committee commended the “agile and flexible approach” of the OPEC+ countries, but made no specific recommendations beyond