After a year of unprecedented turmoil, global energy prices could return to a ‘new normal’ in 2023—or they could be further disrupted by ongoing or new political and economic crises. The full-scale Russian invasion of Ukraine in February 2022 led to major reverberations in energy markets around the world. In an attempt …
Read More »The United States Cannot Influence Global Oil Markets
Considering the increase in demand in the market and the concern of the producing countries about the future of the oil market, and the desire of these countries to increase the production capacity, it is not possible to expect the market to return to normal conditions in the short run. …
Read More »