The law of supply and demand explains how changes in a product's market price relate to its supply and demand. Demand for basic necessities is less responsive.

Discover how equilibrium quantity balances supply and demand, stabilizing prices in the market—essential knowledge for anyone interested in economic principles.

Oil markets are being impacted by varous forces, with the potential for supply losses from new sanctions on Russia and Iran occurring amidst an increase in OPEC+ production and the prospect of ...

“We forecast a balanced development in the crude tanker market in 2025 and 2026 while we expect the product tanker market to remain weaker than in 2024. The product tanker suffers under the weight of ...

Forbes contributors publish independent expert analyses and insights. I analyze petroleum economics and energy policy. Economic literacy amongst politicians has never been high but it lately seems to ...

Conditions are positive for commodities due to supply/demand dynamics. Copper and gold may move higher, path for silver less certain. Oil price caught between large supply and geopolitical risk.

The outlook for the Federal Reserve and US interest rates is dominated by three main themes this year: falling inflation, the outlook for the labour market and the arrival of Kevin Warsh as chair in ...