EIA hikes US oil output forecast, says oversupply will slash prices

U.S. oil production is expected to hit a larger record this year than previously expected, the Energy Information ...

Surging OPEC+ oil output leaves market with shrinking shock absorbers

OPEC+'s continued oil output increases are eroding the group's spare production capacity, a vital cushion that has helped to ...

OPEC+ Agrees To A Modest Output Hike

The oil market opened higher in the early trading session today following a modest output hike from OPEC+ for November 2025.
National Bureau of Economic Research

Incorporating Non-Unitary Income Elasticities, Choke Prices and Choke Incomes into Applied General-Equilibrium Models

Traditional applied general-equilibrium (AGE) models have always faced trade-offs between analytical and computational tractability and counter-empirical restrictions. One is the assumption of ...