Global oil consumption has outpaced production since the beginning of 2017, a result of lower supply due to OPEC cuts and a dip in U.S. production. Here’s how energy consumption and supply break down in the United States.
Brazilian truckers have gone on strike, and though the protests appear to be winding down, the effects have been felt in the transportation, food and fuel sectors.
It has made geopolitical sense since their establishment in 1948 for North and South Korea to find a way to get along and tap into their joint potential, and yet they haven’t, because peaceful reunification is exceedingly difficult to achieve.