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thenakedhedgie.com | ||
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www.api.org
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| | | | | The OPEC+ announcement that the cartel will boost crude oil production by just 100,000 barrels per day (b/d) in September - far less than the 650,000 bpd increases agreed upon for July and August - certainly wasn't the news President Biden hoped for after his recent visit to Saudi Arabia. (See the White House press secretary's response to the first question from reporters during Wednesday's briefing.) As Bloomberg reported, the increase will give an already tight global market extra supplies at a slower ... | |
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isystem-tf.com
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| | | | | The most fundamental determining fact in connection with organization is the meeting of uncertainty. The responsible decisions in organized economic life are price decisions; others can be reduced to routine Frank Knight, "Risk, Uncertainty and Profit" Over the years I'd written many articles suggesting that price forecasting based on market fundamentals is a waste of... | |
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www.transterrestrial.com
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| | | | | [AI summary] A blog discussion regarding fluctuations in U.S. oil production from federal lands, the debate over government regulation versus free markets in the energy sector, and the economic impact of oil prices. | |
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www.bbc.com
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| | | Turkey is under Western pressure to stop buying Venezuelan gold, amid suspicions of an Iran link. | ||