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3 results for “oil markets”

Oil rigs in Saudi Arabia desert with industrial equipment in operation

Saudi Arabia Drives a September Surge in OPEC+ Output

Saudi Arabia's oil production jumped by over 2 million barrels per day in September, pushing OPEC+ output higher despite geopolitical disruptions.

James WhitfieldOctober 30, 20268 min read

Oil tankers anchored off a European port at dusk, with cranes and refinery towers silhouetted against an orange sky.

Trade

Iran War Adds $11 Billion a Month to Europe's Oil Import Bill

The Iran war is adding $11 billion a month to Europe's oil import bill, per OilPrice, as tanker flows reroute and Europe readies a release of 42 million barrels. Inside the eurozone's growing terms-of-trade problem.

Amara OkaforOctober 29, 202613 min read

Aerial view of container ships navigating through a narrow strait with land visible on both sides

TradeAnalysis

Chokepoint Economics: How a Few Sea Lanes Shape Global Trade

Maritime chokepoints like the Suez Canal and Strait of Hormuz serve as critical arteries for global commerce, with disruptions creating ripple effects that can last for months.

Amara OkaforOctober 23, 20268 min read