This WTI crude oil price chart shows what really affects oil prices, and it isn't as obvious as you think. Many observers make the mistake of assuming the price of oil is determined by simple supply ...
The US military intervention in Venezuela and capture of Maduro have not spiked oil prices; WTI fell slightly post-event.
Energy ministry tells Aramco to keep capacity at 12 mln bpd Aramco already sitting on 3 mln bpd spare capacity - source No change in Saudi view on global oil demand - source Technical issues not ...