Trump unleashes fossil fuel production at home, and crushes it in Iran and Venezuela.
Michael Warren
Oil Under Trump: War and Peace, but Mostly Deregulation
Wednesday, November 20, 2024
Deregulation removes deadweight costs, promoting both lower prices and higher profits.
The Game Changes for Russian Crude
Monday, August 26, 2024
Price-caps flopped. The Urals discount is gone. Russian infrastructure is now under attack.
Oil Weirdly in Balance
Friday, June 14, 2024
Middle East black swans notwithstanding, the oil market is pretty squared away.
Our Hot Take on Iran’s Attack on Israel
Sunday, April 14, 2024
The allies who saved Israel quote Don Corleone: “I want no acts of vengeance.”
Oil 2024: Black Swans, But More Demand Growth Monday
Monday, January 22, 2024
OPEC+ will navigate growing demand, and the possibility that peace breaks out in Israel.
China’s EV Bridge Too Far
Monday, July 31, 2023
China leads EV sales, but after billions in subsidies, they’re still only 4% of the fleet.
Has Wagner Made Russian Oil Radioactive?
Thursday, July 13, 2023
India has slowed its deeply discounted imports of Russian crude since the rebellion.
Russia's Oil Miracle
Monday, June 12, 2023
Record seaborne exports at distress prices have lowered the pricing structure of world oil.
A Bottom in Oil Prices, But No Top in US Production
Wednesday, April 5, 2023
As predicted, OPEC+ cut quotas, and as usual, the shale doomsayers see imaginary peaks.