25, 2024. (AP Photo/Richard Drew) PARAMARIBO, Suriname (AP) — France’s TotalEnergies and U.S. hydrocarbon company APA Corp. plan to invest $10 billion to extract oil off the coast of Suriname in a ...
That’s the first component of oil prices — the extraction process and machinery required. Aside from the physical groundwork of gathering and processing oil, market regulations are the true ...