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OPEC

Despite the predictions that the Oct. 23 meeting would be contentious, OPEC decided in 90 minutes to cut its oil production by 1.5 million b/d and allocated the cuts among Continue Reading

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Gasoline shortages

The effects of September’s hurricanes were still being felt across the southeast last week. While the refineries are nearly all back on line, 40 percent of the Gulf’s normal offshore Continue Reading

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China

One of the key factors determining oil prices and global demand for oil over the next few years will be the course of China’s economy. Beijing continues to maintain that Continue Reading

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India

As power shortages and blackouts due to poor monsoon rains and increased demand spread across India, the issue of using expensive, subsidized diesel to fuel generators for backup power is Continue Reading

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