"The global system is shifting from a flow shock to a stock depletion problem," J.P. Morgan analysts reportedly said.

The oil market can be unforgiving too. Exxon and Chevron spent heavily on overseas megaprojects that ran over budget and years behind schedule starting in the mid-2000s only to be hit with plunging ...

Russia's increasing dominance in India's oil imports has altered trading dynamics but the position of major suppliers from the Middle East has been mostly maintained. Iraq, Saudi Arabia and the UAE ...