Any work to ease current shortages and price hikes while the Strait of Hormuz remains closed will take years and billions of dollars.
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Hundreds of millions of dollars are being made on well-timed oil bets occurring just before Trump posts. But can we call it insider trading?
Iranian tariffs in the Strait of Hormuz may change how oil is traded and priced, with implications for currencies, alliances and global economic power.
An energy law expert explains what makes this group of oil-producing nations so influential.
UAE wants to increase its production of oil beyond the quotas it is alloted by the oil-producing cartel.
In the law of naval warfare, the line between belligerents and neutrals is not always an easy one to draw.
Fears about supply, demand, profits and supply chains all combine into a volatile mix that delivers prices that are often higher in a crisis, but also change more rapidly and by larger amounts.
Donald Trump says he is a big fan of oil and gas. His actions may not be of great interest to the industry. And the results may not be what he says he wants.
The price of fuel in Ghana has been pushed up by a depreciating currency and poor refining capacity.
Divestment doesn’t affect global demand for oil, it just transfers power to state-run oil companies – which have higher carbon footprints. But there are other things we can do.
Our research on the oil cartel shows, that it really matters whether OPEC members ‘failed to agree’ or ‘agreed to disagree’.
When the price collapsed, the world’s most disastrously oil-dependent state was the biggest casualty.
Shifting to plug-in cars wouldn’t be enough to max out global oil consumption by 2040. But it could help make that happen if cities pitch in and ride-sharing doesn’t crowd out public transportation.
Producers keep pumping more oil, even as prices are falling to fresh 12-year lows every day. What’s driving this?
Peak fossil fuel means it’s unlikely the worst climate scenario will come to pass. Gary Ellem explains.
In Nebraska, the intensity of the Keystone XL debate is second only to that over the chance that the Nebraska Cornhuskers will win the Big Ten football championship. Raging for several years now, controversy…
Next week, Brisbane hosts the final meeting of the G20 Energy Sustainability Working Group before the main G20 summit in November. Government officials and energy experts from 20 of the most powerful countries…
The mid-June penetration of northwestern Iraq by the extreme Islamist movement ISIS has prompted major concerns about the world’s oil supply and energy security. The group’s incursion threatens Iraq’s…
In recent months, Iranian and foreign media have been abuzz with reports that a new generation of petroleum contracts aimed at foreign investors will be unveiled by the Iranian Oil Ministry later this…
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Professor of Political Science, University of Nebraska Omaha
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Conjoint Academic in Sustainability, University of Newcastle
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Professor of Finance, University College Dublin
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Co-director, STEPS (Sustainable Transportation Energy Pathways), University of California, Davis
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Professor of International Relations, Keele University
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PhD Researcher, Commodity Finance, University College Dublin
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Professor of Political Science, School of Regulation and Global Governance, Australian National University
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CoBank Professor of Commodities and Editor of Global Commodity Issues, University of Colorado Denver
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Visiting Faculty in Economics, Emory University
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Director, Energy, Climate Justice, and Sustainability Lab, and Research Professor, New York University; Tufts University
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