Category: OPEC+

What is the impact difference to investors between paper oil prices and delivered cost? – Watch for the Ruberband Snap Up to Oil Prices

Clark Savage210

In the high-stakes world of energy markets, not all oil prices are created equal. \”Paper oil\” refers to benchmark futures contracts traded on exchanges like NYMEX (WTI) and ICE (Brent)—financial instruments where the vast majority of trading volume (often 95%+) never results in physical delivery. These are the headline numbers investors see on CNBC or […]

Continue Reading

Secretary Scott Bessent has levers he can still pull to keep oil prices stable for a few weeks – Key Points from his Interview on Fox

Clark Savage194

As the U.S.-Israel conflict with Iran roils global energy markets and pushes benchmark crude above $100 per barrel at times, Treasury Secretary Scott Bessent is wielding sanctions policy like a supply-side tool. With the Strait of Hormuz under pressure and Iranian exports partially disrupted, Bessent has already pulled several levers — temporary Russian oil sanctions […]

Continue Reading

If the Strait of Hormuz is Shipping Oil and Kharg Island is Still Operational, Are We Really in an Oil Crisis Yet?

Clark Savage227

In the midst of escalating tensions in the Middle East, with U.S. and Israeli strikes on Iran and retaliatory actions disrupting global energy flows, the question looms large: Are we truly in the throes of an oil crisis? As of March 15, 2026, the Strait of Hormuz—a vital chokepoint carrying roughly 20% of the world\’s […]

Continue Reading

Starmer to Trump: \”You Have No Plan.\” Trump Replies: \”Have You Been Following Venezuela\’s Story?\”

Clark Savage190

In a heated exchange during a recent G7 summit video call, UK Prime Minister Keir Starmer challenged U.S. President Donald Trump on his approach to Middle East policy, particularly regarding Iran\’s nuclear ambitions and regional influence. Starmer, echoing concerns from European allies, accused Trump of lacking a coherent strategy: \”You have no plan beyond bluster […]

Continue Reading