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Special Reports

OPEC+ Extends Oil Production Cuts Through December 2024 to Ensure Market Stability

The OPEC Secretariat has announced that eight OPEC+ member countries—Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman—have agreed to extend voluntary production cuts of 2.2 million barrels per day (bpd) for an additional month, extending the reductions through December 2024. These adjustments, initially announced in...
Stephen R. Foerster
CEO Agenda

A Trailblazer, a Hero, and a Crook Walk Into a Salad Oil Swindle… Lessons About Vision, Character, Greed, and Fear

Villain, Visionary, and Oracle: This story brings together a villain, a visionary, and arguably the greatest investor of all time. The villain was Tino DeAngelis, allegedly involved in black market sales during World War II. He repeatedly paid $100,000 fines for producing and exporting substandard cooking fat products. DeAngelis later created...
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