Facing the rising risk of a growing global oil glut, OPEC blinked, announcing on Sunday that it would pause a planned increase in oil production next year. ... READ MORE >| The Real Economy Blog
SINGAPORE – Oil prices climbed in early Asian trade on Monday after OPEC+ decided to delay production hikes in the first quarter of next year, easing growing fears of a global supply glut. According to market data, Brent crude futures rose by 47 cents, or 0.73%, to $65.24 a barrel, while U.S. West Texas Intermediate […]| Daily Times
Oyedele says Nigeria will delay 5% fuel surcharge until naira appreciates or oil prices drop to avoid price hikes. The post Fuel Tax Won’t Begin Until Naira Strengthens or Oil Price Falls — Oyedele appeared first on The Nigerian Inquirer.| The Nigerian Inquirer
The economy seems to be headed toward a collapse scenario of the type Dr. Joseph Tainter talks about in his book, the Collapse of Complex Societies.| Our Finite World
By bombing #Iran, #Trump abandoned diplomacy, triggered #oil shocks and let #Beijing and #Moscow pose as the responsible adults in the room. #iranisraelwar| Policy Circle
Saudi Aramco’s 20-year, $11bn lease deal with Global Infrastructure Partner (GIP), a firm under BlackRock’s umbrella, for Jafurah Field Gas Plant underscores the growing international confidence in Saudi Arabia’s ongoing economic transformation.| Oxford Economics
In this post, I will try to describe the physics-based limits that the economy is facing, related to diminishing returns of many kinds. The problem we are facing has sometimes been called "limits to growth," or "overshoot and collapse." Such changes tend to lead to a loss of "complexity." Continue reading →| Our Finite World
Oil prices drop nearly 2%, driven by demand concerns, tariff disputes, and Iran nuclear talks| Energy News Africa Plus
Oil prices fall as the US-China trade war raises concerns over global economic growth and reduced fuel demand| Energy News Africa Plus
Oil prices drop 6% following new tariffs and OPEC+ output increase, marking the steepest decline since 2022| Energy News Africa Plus
Oil prices dip as traders brace for Trump tariffs and potential disruptions to global supply| Energy News Africa Plus
Oil prices rise as traders assess U.S. tariffs and tightening crude supplies, with concerns about the global economy| Energy News Africa Plus
Oil prices rise with U.S. fuel demand as the market watches the Ukraine ceasefire discussions and the Fed's interest rate decision.| Energy News Africa Plus