Saudi Arabia used to be the oil market’s so-called “price hawk,” setting high price floors on Brent Crude Oil by going for $80-$100 a barrel. However, the kingdom has called it quits.The global crude oil market is undergoing a predictable shift due to the OPEC+ coalition with Saudi Arabia’s developing strategy. Investors knew the kingdom would eventually stop sacrificing its own market share to keep prices high. The pivot from a Price Defense Strategy to a Market Share Defense strategy effective...

Given the current events in Ukraine/Russia in the Black Sea, geopolitical volatility is no longer just a short-term price effect but a long-term factor shaping oil market pricing and investor outlook.The global oil market handles geopolitical flare-ups much like aftershocks. The Gaza-Israel ceasefire, Ukrainian drone attacks on West Siberian oil refineries, or international sanctions typically send future contract prices soaring.This is where backwardation happens; long-term supply encourages pr...

Stimulant prescription drugs, such as Adderall, have been in short supply for many years, and now, United States President Donald Trump’s import tariffs on pharmaceuticals and leading drug manufacturing countries, such as India and Vietnam, threaten to worsen the undersupply.Ansonia Pharmacy, a quaint drugstore in Greenwich Village, struggles with stimulant drug shortages. “We don’t have it here.” Prescriptions such as Adderall are short, and patients accept it. Drawing to what it seems to be a...