U.S. crude oil cracks $85 to hit highest level since October as geopolitical tensions mount

$85 write an understanding…

Oil prices climb to five-month high on escalating Middle East tensions


β€œThe new week, the new month and the new quarter was greeted with escalating tension in the Middle East with indirect Iranian involvement,” Tamas Varga, an analyst at oil broker PVM, said in a research note published Tuesday.

Reinforcement Learning from Human Feedback


OPEC Refuses to Kill

  • OPEC has called on its member states to refrain from signing any document calling for the phaseout of hydrocarbons.
  • French Energy Minister Pannier-Runacher: “I am stunned by these statements from OPEC+. And I am angry,”.
  • Given the non-existent possibility that OPEC will change its mind and the fact that the same is true of the EU climate change advocates, chances are that COP28 may go down in history as one of the most useless editions of the summit.