The cartel is running out of capacity to pump more crude.
Javier BlasOpinion Columnist
The composition of the US crude cache will be the next key development for energy markets.
There’s no end in sight for the price spike as supply struggles to keep up with demand.
Crude is trading at a record in many local currencies. That will eventually lead to demand destruction.
A new book lifts the veil on Saudi Arabia’s efforts to steer oil prices in the past four decades.
Forward contracts are baking-in huge price increases for the UK and Europe.
A quick history lesson suggests that an economic slowdown might not be too terrible.
Chancellor Olaf Scholz must either pay for Russian gas on Vladimir Putin’s terms or face the painful economic fallout of a cutoff.
Declining crude output identified by satellite imagery heralds a longer-lasting increase in oil prices.
A surge in demand for aviation fuel will stress airlines and supply chains.
European energy companies are finding workarounds to keep Russian crude flowing while placating public opinion
The EU can’t keep funding Russia’s war by paying for energy supplies.
For the oil cartel, wars are business as usual. Whatever happens in Ukraine, Saudi Arabia wants Russia alongside it.
Rhine water levels are dangerously low. That’s a worry for German industry and the nation’s economic outlook.