Oil Prices and Geopolitics
The financial media tends to exaggerate the influence of geopolitical developments on oil prices, especially to explain daily moves in these commodities. But today’s market hold more in common with the 1990s, when the price of West Texas Intermediate crude oil actually declined at the height of the Gulf War.
Bringing Clarity to a Fuzzy Big Picture
We explain why most geopolitical events will hold less sway over global oil prices in coming years and tackle other big-picture questions.
