Surging oil prices are once again prompting governments around the world to look at ways to extract more money out of energy companies
The swing consumer is turning a fractured market into a strategic opportunity as a hefty stash of crude gives refiners power in a crisis
Geopolitical disruption is increasingly forcing companies to reassess sourcing strategies, supplier exposure and operational vulnerabilities, experts said at a webinar organised by WPC Energy and the Resilience World Nexus Summit, with official media partner Petroleum Economist.
The Middle East crisis is not the moment for the organisation to fluff its lines on delivering on energy security
How post-2003 Iraq’s reliance on oil has led to corruption and stagnation
Oil-exporting pact sees two consecutive months of similar production losses with Iraq and Kuwait at forefront of supply squeeze, while Iran also suffers
Mounting supply risk will test the EU’s resolve to do away with Russian gas
The UAE’s departure from OPEC after the Iran conflict could tilt the influence over the market towards US shale producers
Iraq’s prime minister designate appears to offer more of the same, but without reform the stability and integrity of the oil and gas sector may be under threat
The group’s continual evolution is not a series of desperate acts by a geopolitical institution trying to stay relevant but part of a necessary oil market design feature
Join an executive briefing on 12 May 2026 (13:00–14:00 GMT+1) to explore how C-suite leaders should respond to the world’s most severe energy crisis
The decision appears driven by economic priorities and long-term planning rather than an attempt at geopolitical escalation
The UAE’s exit from the alliance marks a decisive step towards a world in which oil markets are shaped less by collective management and more by national strategy
Trafigura’s $1b prepayment agreement confirms African resource holders’ renewed interest in oil-backed financing deals as they look to capitalise on high oil prices
The UAE’s departure from the oil producers’ group was a surprise to many, but the move can be traced back to a single point five years ago
